 "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.
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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")
Amazon building computer vision tech to check defects in fruits, vegetables
The e-commerce giant's technology can carry out millions of assessments to grade the quality of fruits and vegetables per day at a cost that is far below compared to any other method
 "Amazon building computer vision tech to check defects in fruits, vegetables")
100 mn jobs in India can come from small businesses, says Nilekani
'I think small businesses are being brought into a digital world, getting access to markets, and companies can now start leveraging their own data,' says Nilekani
 "100 mn jobs in India can come from small businesses, says Nilekani")
Payments space heats up as Amazon says 5 mn businesses using Amazon Pay
The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seamless acceptance of digital payments.
 "Payments space heats up as Amazon says 5 mn businesses using Amazon Pay")
Turn Covid-19 crisis into an opportunity, says HUL CMD Sanjiv Mehta
Humanise leadership, people need care not battle cry: HUL's Sanjiv Mehta
 "Turn Covid-19 crisis into an opportunity, says HUL CMD Sanjiv Mehta")
Economy better placed to meet second Covid wave with vaccination drive: CEA
Subramanian said a key factor during pandemic is the role of e-commerce and digitisation that India embraced
 "Economy better placed to meet second Covid wave with vaccination drive: CEA")