 "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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Myntra's chief product & technology officer Raghu Krishnananda to step down
As CPTO, he has led his teams to ensure that Myntra's tech and product strategy remains agile, scalable and closely aligned with business goals, according to the internal mail sent to employees by CEO
 "Myntra's chief product & technology officer Raghu Krishnananda to step down")
Lenders to SPV in Delaware sue Byju Raveendran for 'stealing' $533 mn
Edtech pioneer, wife and close business associate accused of 'masterminding theft of more than half a billion dollars'
 "Lenders to SPV in Delaware sue Byju Raveendran for 'stealing' $533 mn")
India team vital to the future of flight with AI: GE Aerospace's Deshmukh
Dinakar Deshmukh, vice-president of Data Sciences and Analytics at GE Aerospace, the data science and engineering teams in Bengaluru have played a key role in building GE's digital twin concept
 "India team vital to the future of flight with AI: GE Aerospace's Deshmukh")
Nanotech startup Vimano raises Rs 25 cr in seed round led by Ankur Capital
Vimano's membranes can reshape how energy is stored across multiple formats, with green hydrogen alone projected to grow nearly 10-times to over $60 bn by 2030, according to the investor Ankur Capital
 "Nanotech startup Vimano raises Rs 25 cr in seed round led by Ankur Capital")
We're focused on AI-robotics partnerships, says B Capital's Karan Mohla
India's strength lies in software engineering and development. Historically, the country did not have much success in robotics. But that has started to change
 "We're focused on AI-robotics partnerships, says B Capital's Karan Mohla")
Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal
The acquisition will enable Delhivery to service customers of both companies better through investments in infrastructure, technology, network and people, according to the company's CEO
 "Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal")
US reciprocal tariffs: Ecom players wait & watch as no-duty regime winds up
The de minimis system allowed products and merchandise under $800 to enter the US without any duty and with minimal inspection
 "US reciprocal tariffs: Ecom players wait & watch as no-duty regime winds up")
From construction sites to factory floor, Indian firms battle heat
For industries like steel manufacturing, where extreme temperatures are part of daily operations, structured heat management protocols are crucial
 "From construction sites to factory floor, Indian firms battle heat")
Pratilipi raises $20 million to expand Indian language storytelling
The company expects this to be its final primary funding round ahead of a potential public listing
 "Pratilipi raises $20 million to expand Indian language storytelling")
Eruditus posts Rs 3,733 crore revenue in FY24, reduces losses by 83%
Revenue nearly 1.8x Physics Wallah, 2x upGrad
 "Eruditus posts Rs 3,733 crore revenue in FY24, reduces losses by 83%")
FurtherAI secures $5 mn in funding to develop specialised AI for insurance
Purpose-built for the insurance industry, FurtherAI's AI automates complex document processing
 "FurtherAI secures $5 mn in funding to develop specialised AI for insurance")
Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group
Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India
 "Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group")
Panasonic expands startup partnerships to adopt new tech in its products
Panasonic aims to co-create scalable solutions, integrating startup innovations into its product line-up to lead the next wave of intelligent living, according to the company chief innovation officer
 "Panasonic expands startup partnerships to adopt new tech in its products")
Plaksha University launches Binny Bansal Institute for AI, robotics
Flipkart co-founder Binny Bansal gives Rs 70 crore for the institute focused on developing innovative solutions to tackle global challenges using frontier technologies like AI, blockchain and robotics
 "Plaksha University launches Binny Bansal Institute for AI, robotics")
Ather Energy to Zepto: More than 20 startups prepare for IPOs in 2025
Companies increasingly prefer to make India their base, driven by strong liquidity, a booming digital economy and global investor interest in the country
 "Ather Energy to Zepto: More than 20 startups prepare for IPOs in 2025")
India key to future AI innovation and talent: Pegasystems CEO Alan Trefler
Trefler also reveals how chess shapes his leadership, stressing the need to adapt strategy in a fast-evolving tech world
 "India key to future AI innovation and talent: Pegasystems CEO Alan Trefler")
Cropin secures Walmart project to boost sourcing in US, South America
The partnership aims to mitigate risks associated with weather, market volatility, and supply chain disruptions, ensuring a steady supply of high-quality perishable goods
 "Cropin secures Walmart project to boost sourcing in US, South America")
Skye Air introduces 7-minute drone delivery service in Bengaluru
The introduction of drone deliveries in Bengaluru is set to transform the e-commerce and quick commerce landscape, offering speed, efficiency, and sustainability
 "Skye Air introduces 7-minute drone delivery service in Bengaluru")
AI boom drives increased demand for semiconductors: Industry leaders
India aims to lead the semiconductor industry by leveraging geopolitical advantage, skilled talent, and cost competitiveness, driving economic growth, say tech executives and officials
 "AI boom drives increased demand for semiconductors: Industry leaders")
India scaling up semicon push for global leadership: Meity Secretary
He also spoke about the importance of ensuring that intellectual property (IP) remains in India. He noted that the key concern is not ownership, but the use of Indian IP
 "India scaling up semicon push for global leadership: Meity Secretary")