 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar
Krutrim reports first profit, triples revenue as it pivots to AI cloud
Startup founded by Bhavish Aggarwal triples revenue to ₹300 crore, shifts capital from chip ambitions to infrastructure-led services
 "Krutrim reports first profit, triples revenue as it pivots to AI cloud")
Chosen raises $5 million to expand science-led skincare business
Fireside Ventures leads funding round with participation from L'Oreal's Bold and Alkemi Growth Capital as startup scales R&D, product pipeline for Indian skin needs
 "Chosen raises $5 million to expand science-led skincare business")
Artha Venture's early bets begin to pay off as exit opportunities mount
Artha's Anirudh Damani says disciplined entry valuations-not market timing-are driving its biggest wins
 "Artha Venture's early bets begin to pay off as exit opportunities mount")
Ola Electric's April enrolment up 20% despite dip in 2W EV market
Company bucks 22% industry decline in April with strong MoM growth, driven by improving operations, customer confidence and rising demand for its expanding EV portfolio
 "Ola Electric's April enrolment up 20% despite dip in 2W EV market")
Kimbal raises $22 mn Series B led by GEF to expand grid tech globally
Series B funding led by GEF Capital to support power management systems, expand AMI operations, and drive international growth beyond India's energy markets
 "Kimbal raises $22 mn Series B led by GEF to expand grid tech globally")
Amazon's 'Now' orders rising 25% month over month in India: CEO Andy Jassy
E-commerce giant expands rapid-delivery service to 100 cities as competition intensifies in quick-commerce market
 "Amazon's 'Now' orders rising 25% month over month in India: CEO Andy Jassy")
Siguler Guff invests $40 million in Trimex Foods to drive expansion
Private equity firm Siguler Guff has invested $40 million in Trimex Foods to support expansion of global restaurant brands across India's growing food services market
 "Siguler Guff invests $40 million in Trimex Foods to drive expansion")
Flipkart adds senior hires as it prepares for potential IPO next year
Flipkart has appointed senior leaders in legal and corporate development, strengthening governance and strategic capabilities as it prepares for its next growth phase and a potential IPO
 "Flipkart adds senior hires as it prepares for potential IPO next year")
How an immunologist is turning India's chaos into an investment play
Natasha Malpani of Boundless Ventures argues that robots and drones trained under Indian conditions develop resilience no US lab can replicate - and her fund is placing early bets on that hypothesis
 "How an immunologist is turning India's chaos into an investment play")
PhonePe reaches 700 million users milestone amid strong fintech growth
PhonePe has crossed 700 million users, underscoring rapid growth in India's digital payments ecosystem, even as the fintech firm pauses its IPO plans amid market volatility
 "PhonePe reaches 700 million users milestone amid strong fintech growth")
Sahi secures $33 million as retail trading activity grows in India
Startup which builds tools and execution platform for active investors raised Series B in a round led by Accel with participation from Elevation Capital
 "Sahi secures $33 million as retail trading activity grows in India")
Snabbit raises $56 mn in Series D round as home-services race intensifies
Funding co-led by Susquehanna, Mirae Asset and Bertelsmann to drive expansion, improve unit economics and strengthen operations in India's fast-growing home services market
 "Snabbit raises $56 mn in Series D round as home-services race intensifies")
Amazon to take 'Now' rapid-delivery service to 100 cities in India
E-commerce giant ramps up micro-fulfilment network as quick-commerce competition intensifies
 "Amazon to take 'Now' rapid-delivery service to 100 cities in India")
Flipkart elevates senior executives ahead of potential IPO launch
Walmart-owned e-commerce firm strengthens leadership bench to support next phase of growth and scale
 "Flipkart elevates senior executives ahead of potential IPO launch")
Amazon India to invest $300 mn to expand logistics, worker benefits
Move supports faster deliveries and AI-led operations under long-term India push
 "Amazon India to invest $300 mn to expand logistics, worker benefits")
Razorpay integrates Google Pay for cross-border payments by exporters
Razorpay has integrated Google Pay for cross-border transactions, allowing Indian exporters to offer wallet-based checkout and improve payment success in global e-commerce
 "Razorpay integrates Google Pay for cross-border payments by exporters")
Flipkart expands circular push into fashion with denim take-back plan
'Swap on Jeans' rollout targets textile waste and expands to over 260 pin codes as Flipkart integrates recycling into the purchase journey through its recommerce platform
Spill Games raises $3.1 million to scale portfolio-driven gaming model
Startup bets on a systems-led approach over hit-driven strategy as investors back faster, repeatable game development and portfolio expansion in the mobile gaming space
 "Spill Games raises $3.1 million to scale portfolio-driven gaming model")
India holds fourth startup spot as funding slips, investors turn selective
India retains fourth position globally in startup funding, as deal volumes fall sharply and investors shift to fewer, high-conviction bets amid signs of ecosystem maturity
 "India holds fourth startup spot as funding slips, investors turn selective")
Flipkart's Ekart expands IKEA partnership to deepen last-mile delivery
Chennai added as a key market as Ekart deploys electric fleet for IKEA deliveries, signalling rising demand for sustainable and tech-enabled logistics solutions in India
 "Flipkart's Ekart expands IKEA partnership to deepen last-mile delivery")