 "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.
Page 117 - Peerzada Abrar/1000
VC investors anticipate a flurry of IPOs by Indian start-ups: Survey
The 'India Sentiment Outlook Survey' said 19 per cent of them also held the opposing view while 16 per cent were unsure
 "VC investors anticipate a flurry of IPOs by Indian start-ups: Survey")
Practo, BharatPe and Grofers in line to be the next Indian unicorns
Currently, there are 48 Indian start-ups valued at $1 billion or more, and Paytm is the most valuable start-up at $16 billion, according to the Venture Intelligence data
 "Practo, BharatPe and Grofers in line to be the next Indian unicorns")
Employees of B2B e-commerce platform Udaan set for Rs 175-cr ESOP bonanza
The development comes at a time when the Bengaluru-based firm is witnessing a huge surge in business across its food, lifestyle and electronics verticals
 "Employees of B2B e-commerce platform Udaan set for Rs 175-cr ESOP bonanza")
Zomato's revenue from operations doubles to Rs 2,604 cr amid pandemic
But losses widened by 136% in FY20; company says Covid impacted food delivery business in Q1FY21
 "Zomato's revenue from operations doubles to Rs 2,604 cr amid pandemic")
These techies are improving air quality in the war against Covid-19
Air pollution costs Indian businesses about Rs seven trillion every fiscal year, or 3 per cent of India's total GDP, a research report shows
 "These techies are improving air quality in the war against Covid-19")
Covid-19 second wave: Amazon to airlift, import 100 ICU ventilators from US
The e-commerce giant has worked with MoHFW, Government of India, to ensure the ventilators are of acceptable technical specifications
 "Covid-19 second wave: Amazon to airlift, import 100 ICU ventilators from US")
Urban Company raises $190 mn at $2-bn valuation, joins unicorn club
Besides Prosus, the other investors include DF International and Wellington Management
 "Urban Company raises $190 mn at $2-bn valuation, joins unicorn club")
ADV Partners, Premji invest to acquire majority stake in Micro Plastics
Investment builds on MPPL's robust revenue growth of over 20% CAGR over past five years
 "ADV Partners, Premji invest to acquire majority stake in Micro Plastics")
Ola Electric to set up world's largest EV two-wheeler charging network
Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points
 "Ola Electric to set up world's largest EV two-wheeler charging network")
Tiger Global makes its first India cryptocurrency firm investment
Invests Rs 181 crore in CoinSwitch Kuber in a Series B round of funding, valuing the company at over $500 million
 "Tiger Global makes its first India cryptocurrency firm investment")
Tessolve raises $40 mn from Singapore's Novo Tellus at $100 mn valuation
The funding will be used by Tessolve, a Hero Electronix venture, to drive further growth through acquisitions and organic investments
 "Tessolve raises $40 mn from Singapore's Novo Tellus at $100 mn valuation")
Pankaj Gupta quits as Google Pay engineering head to join US crypto firm
Executive says he will build Coinbase's technology hub in India 'from scratch', hire people
 "Pankaj Gupta quits as Google Pay engineering head to join US crypto firm")
Pristyn Care's valuation crosses $550 mn, raises $53 mn in funding round
Healthcare startup specialises in surgeries, plans to expand its business in more cities and towns.
 "Pristyn Care's valuation crosses $550 mn, raises $53 mn in funding round")
Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn
The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers
 "Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn")
Mobile Premier League acquires GamingMonk to widen esports portfolio
GamingMonk had a registered user base of over 1.3 million users and would augment MPL's efforts in reaching our target audience and engage with its users effectively
 "Mobile Premier League acquires GamingMonk to widen esports portfolio")
Flipkart hyperlocal service goes to 6 new cities, promises 90-min delivery
Flipkart Quick aims to expand to other metros such as Kolkata and Mumbai and across other cities this year.
 "Flipkart hyperlocal service goes to 6 new cities, promises 90-min delivery")
How Covid-19 is accelerating digital manufacturing for factories in India
The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth
 "How Covid-19 is accelerating digital manufacturing for factories in India")
Data security startup Druva's valuation doubles to $2 bn on raising $147 mn
The firm counts US space agency NASA and drugmaker Pfizer among its customers; it had become a unicorn last June
 "Data security startup Druva's valuation doubles to $2 bn on raising $147 mn")
Amazon partners with Indian EV firms for its last-mile delivery fleet
The e-commerce firm will engage with more Indian OEMs to achieve its goal of 10,000 EVs by 2025
 "Amazon partners with Indian EV firms for its last-mile delivery fleet")
Razorpay's valuation triples to $3 bn in 6 months, raises $160 million
Razorpay becomes one of the most valuable B2B fintech start-ups
 "Razorpay's valuation triples to $3 bn in 6 months, raises $160 million")