 "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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Homegoods to pet supplies: Uber moving into delivery as service offering
Khosrowshahi said the company is adding auto-rickshaws and motorbikes since it expects many riders in emerging markets to shift from public minibuses towards these lower-cost options
 "Homegoods to pet supplies: Uber moving into delivery as service offering")
Walmart Labs' Indian entity to be known as Walmart Global Tech India
The technology arm of the US retail giant said the move is part of the launch of its new global identity as Walmart Global Tech.
 "Walmart Labs' Indian entity to be known as Walmart Global Tech India")
Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million
The deal is the biggest in the Indian edtech sector by far
 "Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million")
Virtual war rooms set tone for mega e-commerce sale in Covid-19 times
While there's been no dinner on the house in the run up to the D-Day, the typical war room or the command centre has silently moved to the laptop and mobile screens of the executives coordinating the
 "Virtual war rooms set tone for mega e-commerce sale in Covid-19 times")
Byju's acquires Mumbai-based ed-tech start-up WhiteHat Jr for $300 mn
Byju's has bought the company for $300 million according to DC Advisory (DC), which acted as the exclusive financial advisor to WhiteHat Jr on its sale to the Bengaluru-based education technology firm
 "Byju's acquires Mumbai-based ed-tech start-up WhiteHat Jr for $300 mn")
Bike-taxi firm Rapido gives shields to captains for social distancing
Rapido Shield will cover the captain's back and will make for a safety shield between the customer and the driver-partner.
 "Bike-taxi firm Rapido gives shields to captains for social distancing")
India vulnerable to malware, drive-by download attacks: Microsoft report
India recorded a cryptocurrency mining encounter rate that was 4.6 times higher than the regional and global average
 "India vulnerable to malware, drive-by download attacks: Microsoft report")
Myntra forays into Middle East, eyes $28 bn online fashion opportunity
Myntra's research identified high levels of potential channels across the globe offering significant opportunities in the online fashion segment
 "Myntra forays into Middle East, eyes $28 bn online fashion opportunity")
Uber, Bajaj partner to install safety partitions in 100,000 auto-rickshaws
The partition would act as a protective barrier for restricting contact and aims to facilitate social distancing between drivers and riders for making travel safer
 "Uber, Bajaj partner to install safety partitions in 100,000 auto-rickshaws")
Flipkart launches 90-minute hyperlocal delivery service, faster than Amazon
Flipkart Quick will provide consumers with a handpicked assortment of more than 2,000 products in categories such as grocery, fresh, dairy and meat in the first phase
 "Flipkart launches 90-minute hyperlocal delivery service, faster than Amazon")
These labs on wheels rush to people to speed up coronavirus testing
The mobile labs enable a significant reduction in turnaround time from 2-10 days to 4-12 hours for confirmatory test of Covid-19, and provide the highest levels of safety for health workers
 "These labs on wheels rush to people to speed up coronavirus testing")
Swiggy to lay off another 350 employees as coronavirus impacts business
This comes just two months after the Bengaluru-based firm said it was laying off 1,100 employees
 "Swiggy to lay off another 350 employees as coronavirus impacts business")
Sellers body moves CCI against Flipkart's acquisition of Walmart India
Says a few sellers will get preferential treatment, Flipkart will engage in deep discounting in groceries
 "Sellers body moves CCI against Flipkart's acquisition of Walmart India")
Google foraying into digital lending space by roping in fintech players
ZestMoney is now integrated on Google Pay digital store's Spot platform to offer credit to customers
 "Google foraying into digital lending space by roping in fintech players")
JioMart debuts on Apple app store, Google Play Store downloads cross 1 mn
With the launch of the app, JioMart has now enabled increased omni-platform interface bringing seamless and enhanced accessibility to consumers
 "JioMart debuts on Apple app store, Google Play Store downloads cross 1 mn")
Start-ups need to hack costs to cope with pandemic: MakeMyTrip's Deep Kalra
Says capital has become scarce and only a few businesses in areas such as health and remote learning are getting capital, but they are just 1-2% of the ecosystem
 "Start-ups need to hack costs to cope with pandemic: MakeMyTrip's Deep Kalra")
Hero MotoCorp invests Rs 84 cr in smart scooter maker Ather Energy
Ather is now entering an aggressive expansion phase and is looking to scale to 20 cities by the end of 2021
 "Hero MotoCorp invests Rs 84 cr in smart scooter maker Ather Energy")
Flipkart acquires Walmart India's wholesale biz to help transform kiranas
Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs
 "Flipkart acquires Walmart India's wholesale biz to help transform kiranas")
Autodesk acquires construction software firm founded by Indian techies
The acquisition will empower general contractors, subcontractors and owners to gain more value from Autodesk Construction Cloud
 "Autodesk acquires construction software firm founded by Indian techies")
Amazon India steps up insurance and credit biz, riding on its payments app
Amazon Pay has started making deep inroads in India's booming digital payments market and is competing aggressively with PhonePe, Paytm and Google Pay
 "Amazon India steps up insurance and credit biz, riding on its payments app")