 "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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We have zero tolerance for corruption: Amazon on bribery charges in India
The world's largest online retailer has initiated an investigation into the conduct of its legal representatives in India, according to a report by media platform The Morning Context
 "We have zero tolerance for corruption: Amazon on bribery charges in India")
Amazon seeks to tap next 500 mn users in India, expands vernacular offering
Marathi and Bengali added to five Indian languages; Amazon to also launch voice shopping experience in Hindi
 "Amazon seeks to tap next 500 mn users in India, expands vernacular offering")
Tiger Global leads $35 mn funding in AI semiconductor company Deep Vision
Deep Vision's AI processor helps provide camera-based applications like smart retail, driver-monitoring systems, smart city, drones, and factory automation
 "Tiger Global leads $35 mn funding in AI semiconductor company Deep Vision")
With two new ones, UP is now home to three Amazon Fulfilment Centres
The expansion will create thousands of work opportunities for state's locals, support 90,000 sellers in meeting growing customer demand ahead of festive season
 "With two new ones, UP is now home to three Amazon Fulfilment Centres")
Expect India to be one of fastest-growing markets: Salesforce India CEO
Under her leadership, the India headcount for the tech giant has doubled since the lockdown last year to 5,000 and it is expected to reach 6500 by the end of the year.
 "Expect India to be one of fastest-growing markets: Salesforce India CEO")
Flipkart, Davinta tie up to offer credit facilities to small biz, kiranas
'Partnering with Davinta will give members on our platform access to credit with a single click,' says Adarsh Menon, senior vice president and head - Flipkart Wholesale
 "Flipkart, Davinta tie up to offer credit facilities to small biz, kiranas")
Ola Electric sells e-scooters worth Rs 1,100 crore in just two days
Ola group CEO Bhavesh Aggarwal said this is unprecedented not just in the automotive industry, but also in Indian e-commerce history
 "Ola Electric sells e-scooters worth Rs 1,100 crore in just two days")
Nodwin buys gaming adjacent IPs, talent business from OML for Rs 73 cr
Deal will provide partial liquidity to OML Entertainment shareholders, including CA Media. Ajay Nair, MD of OML, will join Nodwin board and work with Akshat Rathee, MD of Nodwin Gaming
 "Nodwin buys gaming adjacent IPs, talent business from OML for Rs 73 cr")
NITI Aayog, Byju's tie up to educate children in 112 aspirational districts
Byju's Career-Plus programme, under Aakash plus Byju's, will identify and provide high-quality test prep coaching to 3,000 meritorious students of classes 11 and 12 who aspire to appear for NEET and J
 "NITI Aayog, Byju's tie up to educate children in 112 aspirational districts")
Amazon Academy, Sri Chaitanya tie up to help students crack JEE/NEET exams
Students to get access to Sri Chaitanya's teaching experience of 35 years and Amazon Academy's quality content, deep learning analytics and tech-backed courses in Physics, Chemistry, Maths and Biology
 "Amazon Academy, Sri Chaitanya tie up to help students crack JEE/NEET exams")
Don't fake it, just be yourself; Amazon CEO's tips to crack job interview
In a fireside chat at LinkedIn's Career Day event, Andy Jassy says Amazon is an unusual place to build a career. It's an amazing place if you want to have an impact on the world
 "Don't fake it, just be yourself; Amazon CEO's tips to crack job interview")
US-based Invesco Fund invests $100 mn in Sequioa-backed Pine Labs
Earlier in July, the company had raised a total round size of $600 million and brought in a marquee set of new investors, which took its valuation to $3 billion
 "US-based Invesco Fund invests $100 mn in Sequioa-backed Pine Labs")
Byju's continues acquisition spree, buys US-based coding startup Tynker
Since its inception in 2013, Tynker has helped kids create over seven billion lines of code. The acquisition would further accelerate Byju's US market expansion
 "Byju's continues acquisition spree, buys US-based coding startup Tynker")
Ola Electric sells scooters worth Rs 600 cr in 24 hrs, 4 units every second
Ola Electric, which had to defer e-scooter sales due to a website glitch last week, opened the purchase of Ola S1 and S1 Pro on Wednesday
 "Ola Electric sells scooters worth Rs 600 cr in 24 hrs, 4 units every second")
India second-largest technology hub for Amazon globally, says country head
Amazon's team in Bengaluru has built a cloud-based Warehouse Management System to help sellers streamline their warehouse operations, and ship orders to customers fast and reliably
 "India second-largest technology hub for Amazon globally, says country head")
Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club
In February, MPL was valued at $945 million after raising $95 million in a Series D round
 "Gaming start-up Mobile Premier League valued at $2.3 bn, joins unicorn club")
Ola restarts e-scooter sales after website glitch, bookings on app only
The firm is starting sales in batches and prioritising users based on their dates of reservation
 "Ola restarts e-scooter sales after website glitch, bookings on app only")
Eyes in the sky: Drones aim to deliver vaccines, drugs in India amid Covid
The success of these trials could transform the manner in which remote areas get essential healthcare supplies
 "Eyes in the sky: Drones aim to deliver vaccines, drugs in India amid Covid")
Flipkart strengthens supply chain network, aims to create over 100,000 jobs
This year, Flipkart is creating direct seasonal employment for more than 1,15,000 people of which 15 per cent are women and people with disabilities
 "Flipkart strengthens supply chain network, aims to create over 100,000 jobs")
Flipkart Pay Later aims to provide credit to over 100 mn new consumers
The facility opens a credit line of up to Rs 70,000 that eligible customers can pay back in 3, 6, 9 or 12 EMIs
 "Flipkart Pay Later aims to provide credit to over 100 mn new consumers")