 "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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Byju's announced as an official sponsor of FIFA World Cup Qatar 2022
Byju Raveendran, Byju's founder, and CEO, said the company is excited to be sponsoring the FIFA World Cup Qatar 2022, the biggest single-sport event in the world.
 "Byju's announced as an official sponsor of FIFA World Cup Qatar 2022")
Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha
The new entity, which will be a wholly-owned subsidiary of Byju's in Qatar, will introduce Byju's personalised and innovative learning offerings to the region
 "Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha")
SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist
The double gold medallist from IIT Delhi Mukherjee has held leadership roles at ShareChat, Hike and Myntra
 "SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist")
Tech firms translate heartbeats on phones, use AI to boost maternal health
Today one can monitor and blood glucose on smartphones, Using AI, one can address shortage of expertise in reading ultrasounds to allow for healthier pregnancies and better outcomes for moms & babies
 "Tech firms translate heartbeats on phones, use AI to boost maternal health")
LambdaTest closes $45 million in a venture round led by Premji Invest
Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year
 "LambdaTest closes $45 million in a venture round led by Premji Invest")
Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad
Qure.ai's advanced technology reads and interprets medical images like X-rays, CTs, and ultrasounds in under a minute, making equitable, quality healthcare a reality across the globe
 "Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad")
Classplus bags $70 mn in Series D round co-led by Alpha Wave, Tiger Global
The new round values Classplus close to $600 million, a more than 2X jump in the valuation from the previous round.
 "Classplus bags $70 mn in Series D round co-led by Alpha Wave, Tiger Global")
Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report
'E-commerce, consumer platforms, and IT services sectors were favorites among investors, recording 56% of total deal value in 2021,' says 'India Investments Pulse' report by Praxis Global Alliance
 "Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report")
Spacetech startup Pixxel raises $25-mn funding led by Radical Venture
The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
 "Spacetech startup Pixxel raises $25-mn funding led by Radical Venture")
upGrad says study-abroad unit set to become largest player in South Asia
Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.
 "upGrad says study-abroad unit set to become largest player in South Asia")
Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn
Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods started its journey with Faasos in Pune
 "Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn")
Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer
Relaxation in rules governing degrees, supply-side capacity gap will be key drivers of this growth, going forward
 "Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer")
BabyChakra acquires Tinystep to build India's largest mother-baby platform
Deal, whose value wasn't disclosed, will allow BabyChakra to expand regional footprint with a platform covering 9 languages
 "BabyChakra acquires Tinystep to build India's largest mother-baby platform")
Meesho launches integrated e-commerce app for buyers and sellers on Android
Sellers, in particular, can expect a superior e-commerce experience with access to multiple features on the app, which were earlier present only on the web versions
 "Meesho launches integrated e-commerce app for buyers and sellers on Android")
Stanza Living secures $57 mn debt financing from Kotak Mahindra Bank, RBL
With an inventory of more than 75,000 beds, Stanza Living is the managed accommodation provider of choice for students and working professionals migrating to 23 cities across the country
 "Stanza Living secures $57 mn debt financing from Kotak Mahindra Bank, RBL")
Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners
The fresh capital is expected to add momentum to Plum's gameplan of further strengthening its omni-channel presence, building new categories and enhancing R&D capabilities
 "Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners")
Rage Coffee onboards Virat Kohli as investor and brand ambassador
Rage Coffee is planning to expand its online presence and offline footprint Pan-India and will utilise the fresh capital for marketing and distribution purposes
 "Rage Coffee onboards Virat Kohli as investor and brand ambassador")
Tech firm MFine helps people monitor blood pressure, glucose on smartphones
MFine has democratised health care at home by bringing these solutions on to devices that are more ubiquitous and affordable than wearables
 "Tech firm MFine helps people monitor blood pressure, glucose on smartphones")
95% workers want digital skills to adapt to job changes due to Covid: Study
But less than half the organisations have training plan in place, says report prepared by AlphaBeta and commissioned by AWS
 "95% workers want digital skills to adapt to job changes due to Covid: Study")
Vedantu appoints former Reliance, Google executive as chief growth officer
Rungta is a seasoned leader with strong management experience across consumer internet, technology, and SaaS organisations
 "Vedantu appoints former Reliance, Google executive as chief growth officer")