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.
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How Indegene helps global pharma cos develop drugs faster amid Covid
Indegene uses AI and ML, and medical data mining to speed up digital transformation at top life sciences organisations
 "How Indegene helps global pharma cos develop drugs faster amid Covid")
Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others
Volopay has amassed a clientele with the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media.
 "Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others")
Premium men's lifestyle brand DaMENSCH raises Rs 122.5 cr in funding
Currently, the portfolio of DaMENSCH has 200 plus stock-keeping units (SKUs) listed across more than 15 categories and has made more than 10 M shipments to over 10,000 pin codes across the country.
 "Premium men's lifestyle brand DaMENSCH raises Rs 122.5 cr in funding")
We're building single shopping place for next billion consumers: Meesho CXO
Orders have grown 13x since July 2021, pet supplies, stationery among new categories added. Next up: musical instruments, industrial supplies, books, video games
 "We're building single shopping place for next billion consumers: Meesho CXO")
Mobile Premier League (MPL) makes inroads into Europe, partners GameDuell
Mobile Premier League (MPL) joined hands with GameDuell, one of the most experienced games studios headquartered in Berlin in Germany.
 "Mobile Premier League (MPL) makes inroads into Europe, partners GameDuell")
Accenture launches Women Founders Program in India for nascent B2B startups
Registrations for the programme are currently open to businesses that have at least one woman founder and are focused on advanced technologies such AI, IoT and cloud
 "Accenture launches Women Founders Program in India for nascent B2B startups")
Prime Venture Partners' Fund IV closes at $120 million
It will invest in disruptive technology companies across fintech, edtech, healthtech, consumer internet and Global SaaS.
 "Prime Venture Partners' Fund IV closes at $120 million")
Myntra has a big opportunity for democratising fashion through tech: CEO
Company has forayed into social commerce and has been pioneering the next wave of fashion-tech concepts, said Nandita Sinha
 "Myntra has a big opportunity for democratising fashion through tech: CEO")
Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help
Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media
 "Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help")
Gaming startup Zupee forms strategic partnership with Reliance Jio
This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users
 "Gaming startup Zupee forms strategic partnership with Reliance Jio")
Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared
Deal value not disclosed; Linear Squared is a cloud-based tech company specialised in building demand planning and forecasting products for CPG, grocery retail industry and other industries
 "Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared")
Udaan raises $250 mn via convertible note and debt, plans IPO in 18 months
Udaan achieved a valuation of $3.1 bn during its last round of funding of $280 mn in January 2021 from existing and new investors
 "Udaan raises $250 mn via convertible note and debt, plans IPO in 18 months")
Bombay Shaving Company raises Rs 160 crore from multiple sources
The hair removal brand plans to launch in international markets such as: US, Europe, GCC and Australia.
 "Bombay Shaving Company raises Rs 160 crore from multiple sources")
Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform
Beauty conglomerate Good Glamm Group has invested Rs 200 crore seed capital in the new creator platform called Good Creator Co.
 "Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform")
Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration
Dismisses its plea seeking a direction to SIAC to decide on its application
 "Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration")
Practo evolving to become India's largest integrated healthcare firm: CEO
Adoption of digital healthcare will increase in next 4-5 years in India's $150 billion healthcare market and Practo will play a leading role in the transition
 "Practo evolving to become India's largest integrated healthcare firm: CEO")
Gig economy gets pandemic push as online deliveries smash records on NYE
Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India
 "Gig economy gets pandemic push as online deliveries smash records on NYE")
Flipkart's revenue up 25% to Rs 43K cr, Amazon clocks 49% rise at Rs 16K cr
At Rs 3,143 crore, Amazon Wholesale (India) Pvt Ltd reported a 7 per cent fall in FY21 revenue over the last financial year
 "Flipkart's revenue up 25% to Rs 43K cr, Amazon clocks 49% rise at Rs 16K cr")
State Bank of India pumps $20 million into Pine Labs in latest fintech bet
In 2021, Pine Labs had raised a total round size of $600 million from a marquee set of new investors
 "State Bank of India pumps $20 million into Pine Labs in latest fintech bet")
57% Indians prefer using regional languages for job search: Apna.co study
Vernacular language interface is driving higher engagement on Apna.co platform. Data from the past one year shows that after English, Hindi is the most popular language, followed by Kannada and Tamil
 "57% Indians prefer using regional languages for job search: Apna.co study")