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 its 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. There, he covered the entrepreneurship ecosystem, including startups, 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 its 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. There, he covered the entrepreneurship ecosystem, including startups, 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
Nexus raises $700 million fund to back AI, consumer, fintech startups
Nexus Venture Partners has closed its $700-million Fund VIII to invest in early-stage AI, enterprise software, consumer and fintech startups across India and the US
 "Nexus raises $700 million fund to back AI, consumer, fintech startups")
Flipkart names former Meta executive Dan Neary to board ahead of IPO plans
Flipkart has appointed former Meta executive Dan Neary to its board as it readies a potential IPO filing, signalling push on governance, innovation & operational discipline ahead of a planned listing
 "Flipkart names former Meta executive Dan Neary to board ahead of IPO plans")
Marvell has one-fourth of its workforce in India: Country head Bishnoi
Marvell's India country head on how India has become the company's second-largest R&D hub, contributing to 90% of product lines and driving custom silicon for AI infrastructure
 "Marvell has one-fourth of its workforce in India: Country head Bishnoi")
E-commerce firm Meesho's ₹2,439 cr anchor book sees 30x oversubscription
This is led by SBI MF, GIC, Fidelity, BlackRock, Axis MF, Aditya Birla MF and prominent tech investors like Dragoneer
 "E-commerce firm Meesho's ₹2,439 cr anchor book sees 30x oversubscription")
India a crown jewel for us as far as impact is concerned: Binance's Seker
Binance's APAC head says India is the fastest-growing digital asset market globally despite regulatory uncertainty, with explosive potential driven by mobile penetration and savvy users
 "India a crown jewel for us as far as impact is concerned: Binance's Seker")
Think & Learn RP, GLAS representative, EY India chief summoned by Kerala HC
Executives have been directed to appear on Dec. 5 by Kerala High Court
 "Think & Learn RP, GLAS representative, EY India chief summoned by Kerala HC")
Eyewear retailer Lenskart posts 20% profit gain, eyes $17 billion market
Eyewear retailer reports strong quarterly results, sees growth driven by first-time users, expanding prescription demand and upcoming smart glasses launch
 "Eyewear retailer Lenskart posts 20% profit gain, eyes $17 billion market")
Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO
Indian e-commerce firm bets on AI, advertising and low-cost logistics to reach profitability as it prepares to test public markets
 "Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO")
Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags
Former SC judge and ex-RBI official flag possible in remittance made by edtech firm
 "Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags")
Proofs show lenders misled on $533 million claim: Byju Raveendran
Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP
 "Proofs show lenders misled on $533 million claim: Byju Raveendran")
Ace International raises ₹305 cr to build dairy nutrition hub in Andhra
Funding from FMO, responsAbility, Incofin, and Fiedlin will back a greenfield facility in Kuppam, aimed at high-performance, customised nutrition ingredients
 "Ace International raises ₹305 cr to build dairy nutrition hub in Andhra")
Mirana Toys raises ₹57.5 crore Series A funding to scale production
Mirana Toys has secured ₹57.5 crore in Series A funding to set up a new factory, expand design and sales teams and meet rising domestic and global demand for smart and educational toys
 "Mirana Toys raises ₹57.5 crore Series A funding to scale production")
Morphle Labs raises $5 million to automate core of cancer diagnostics
Inflexor Ventures-led round backs robotic microtomy and high-throughput imaging systems as the startup accelerates global expansion and regulatory approvals
 "Morphle Labs raises $5 million to automate core of cancer diagnostics")
Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev
Investment marks the gas distributor's first major bet on electric mobility as 3ev expands manufacturing and charging services
 "Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev")
Accel, Google AI Futures Fund to launch 2026 AI cohort for Indian founders
Milestone partnership to focus on AI for Indians and taking AI innovation from India to the world
 "Accel, Google AI Futures Fund to launch 2026 AI cohort for Indian founders")
Prosus CEO flags India as top priority, accelerates AI investments
The Dutch investor posted steady growth in its India operations for the six months ended September 30, 2025, led by a stronger PayU performance and continued momentum across its broader portfolio
 "Prosus CEO flags India as top priority, accelerates AI investments")
US judgment against Byju Raveendran faces steep barriers in India
Default $1.07 bn ruling by Delaware court lacks automatic recognition under Indian law: Legal experts
US court orders Byju Raveendran to pay over $1 bn in Alpha-GLAS Trust case
Byju Raveendran plans to appeal US court's expedited default judgment, denies all allegations, and says GLAS Trust misled both Delaware court and public while blocking his ability to present a defence
 "US court orders Byju Raveendran to pay over $1 bn in Alpha-GLAS Trust case")
BoAt's local production jumps to 76%; hits 3x localisation in 2 years
IPO-bound wearable and audio brand cements its position as one of India's most vertically integrated consumer tech companies, manufacturing over 75 million units in India as of June 30, 2025
 "BoAt's local production jumps to 76%; hits 3x localisation in 2 years")
Ather rolls out Rizta scooter in Sri Lanka, accelerates global push
Launch with local distributor marks Ather's latest step in its international expansion
 "Ather rolls out Rizta scooter in Sri Lanka, accelerates global push")
