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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The rise & rise of Byju's: The edtech startup's journey explained
In this podcast, we explained the reasons behind Byju's rapid surge in valuation and funding and company's future plans to tap global markets. Tune in
 "The rise & rise of Byju's: The edtech startup's journey explained")
Flipkart and PhonePe continue to post strong growth in India: Walmart CEO
Strength in India, Canada, China helps Walmart International post $27.3 bn net sales; 8.3% decrease
 "Flipkart and PhonePe continue to post strong growth in India: Walmart CEO")
Moglix raises $120 mn in funds, joins India's growing unicorn club
Industrial business-to-business company is the fourteenth Indian company this year to reach unicorn status
 "Moglix raises $120 mn in funds, joins India's growing unicorn club")
Pine Labs secures $285 mn funding, unicorn firm's valuation tops $3 bn
Company offers merchants payment technology and working capital; it started as a retail solutions player in petroleum.
 "Pine Labs secures $285 mn funding, unicorn firm's valuation tops $3 bn")
Amazon, sellers tie up to supply 9,000 oxygen concentrators to Indian users
E-commerce giant is helping airlift the devices; first batch of 1,000 has already landed
 "Amazon, sellers tie up to supply 9,000 oxygen concentrators to Indian users")
Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy
Reports to CEO Kalyan Krishnamurthy; Development comes amid company plans for IPO
 "Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy")
Tech Mahindra appoints 'Wellness Officer' to help workforce amid Covid
The new role has been created to institutionalise holistic wellness of all associates and to ensure access to medicine, hospitals and other medical supplies, says the IT firm
 "Tech Mahindra appoints 'Wellness Officer' to help workforce amid Covid")
Amazon invests Rs 225 cr in India digital payments arm to ramp up presence
Last October, ahead of the festive season, Amazon had invested Rs 700 crore in Amazon Pay
 "Amazon invests Rs 225 cr in India digital payments arm to ramp up presence")
Ola launches electric vehicle category in London, offers sops to drivers
The SoftBank-backed firm has plans to expand EV across the UK and in cities around the world
 "Ola launches electric vehicle category in London, offers sops to drivers")
Oxygen concentrators to jabs: IBM helps community as second wave surges
The IBM India team has also come together to leverage the AI-powered IBM Watson Assistant to build an assist solution
 "Oxygen concentrators to jabs: IBM helps community as second wave surges")
Flipkart begins Covid-19 vaccinations for its front-line staff in India
The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.
 "Flipkart begins Covid-19 vaccinations for its front-line staff in India")
BharatPe plans to disburse Rs 14,000 cr in business loans by March 2023
The fintech company, which is soon expected to become a unicorn, has raised Rs 50 crore in debt from Northern Arc Capital
 "BharatPe plans to disburse Rs 14,000 cr in business loans by March 2023")
Mobility company Ola to provide free oxygen concentrators on its app
Ola Foundation and GiveIndia will scale it up across the country with up to 10,000 concentrators in the coming weeks.
Electrifying mobility: How entrepreneurs changed tack to survive pandemic
To survive the Covid-induced downturn, bike-sharing start-up Bounce changed its strategy and jumped on the EV bandwagon
 "Electrifying mobility: How entrepreneurs changed tack to survive pandemic")
Flipkart to pay 100% premium towards Covid-19 insurance for all its sellers
The offer holds for policies between Rs 50,000 and Rs 3 lakh; exempted storage fees for MSME partners
 "Flipkart to pay 100% premium towards Covid-19 insurance for all its sellers")
2nd Covid wave expected to impact the business of mobility players in India
Industry executives say the second wave of Covid-19 pandemic may severely impact the business of mobility companies
 "2nd Covid wave expected to impact the business of mobility players in India")
Amid spike in demand for medicines, Swiggy to prioritise pick-and-drop deliveries
The food delivery giant has reported a 350% rise in delivery of OTC medicines in 15 days
 "Amid spike in demand for medicines, Swiggy to prioritise pick-and-drop deliveries")
Amazon's Covid Warriors help people with resources as second wave rages
Faced with the shortage of oxygen and other crucial medical supplies, Amazon India's 'Covid Warriors' are helping colleagues and community with critical resources
 "Amazon's Covid Warriors help people with resources as second wave rages")
Ola Electric names former GE executive Balachandar as chief HR officer
Balachandar is a 33-year HR veteran who was most recently group director at Coffee Day; earlier stints include GE Healthcare and GE Capital, Strides Arcolabs and Stanchart
 "Ola Electric names former GE executive Balachandar as chief HR officer")
Adman turned investor Sajan Raj Kurup backs gaming firm Revenant Esports
The aim is to help Revenant Esports become a Rs 200 crore brand in the next 18 months
 "Adman turned investor Sajan Raj Kurup backs gaming firm Revenant Esports")