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 in talks to raise up to $700 mn, valuation may cross $15 bn
The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources
 "Byju's in talks to raise up to $700 mn, valuation may cross $15 bn")
Big Tech uses AI to arrest blindness among India's burgeoning diabetics
Diabetic retinopathy is a leading cause of blindness and vision loss in adults and tech giants such as Intel and Google are building AI-based innovations to address such problems
 "Big Tech uses AI to arrest blindness among India's burgeoning diabetics")
Flipkart includes Bengali and Odia, says move helps 'democratise ecommerce'
Flipkart said it has now expanded to seven Indian languages spoken by nearly 75 per cent of India's population.
 "Flipkart includes Bengali and Odia, says move helps 'democratise ecommerce'")
Swiggy to roll out vaccine cover for its fleet of 2 lakh delivery partners
The foodtech giant would also cover the loss of pay when the partners take the time off to get vaccinated against coronavirus
 "Swiggy to roll out vaccine cover for its fleet of 2 lakh delivery partners")
Delhi HC stays single judge's order restraining Future Retail-RIL deal
Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail
 "Delhi HC stays single judge's order restraining Future Retail-RIL deal")
Urban Company, partner create open-source ESOP framework for startups
Framework aims to guide startups and other companies on structuring terms and conditions
 "Urban Company, partner create open-source ESOP framework for startups")
From hi-tech telescope to Covid-19 study: ThoughtWorks does it all
According to the firm, with TMT, one will be able to study the universe like never before
 "From hi-tech telescope to Covid-19 study: ThoughtWorks does it all")
Amazon packages delayed in Pune as report says delivery staff go on strike
Workers say company's new terms have reduced their earnings after lockdowns to contain the coronavirus.
 "Amazon packages delayed in Pune as report says delivery staff go on strike")
Current moment in road to recovery: VC firm Sequoia tells founders and CEOs
Silicon Valley-based company says strong leadership that puts people first will continue to be critical
 "Current moment in road to recovery: VC firm Sequoia tells founders and CEOs")
In relief for Amazon, Delhi HC puts Future-Reliance deal on hold
The court held that Future Retail, Future Coupons (the promoter entity of Future Retail), founder and owner Kishore Biyani and others violated the Emergency
 "In relief for Amazon, Delhi HC puts Future-Reliance deal on hold")
PhonePe takes up six IPL 2021 sponsorships for its biggest marketing push
Company last year earmarked about Rs 800 crore on marketing.
 "PhonePe takes up six IPL 2021 sponsorships for its biggest marketing push")
Amazon and Cloudtail, Appario related as preferred sellers: CCI lawyer
Big e-commerce firms selling their own private labelled brands and inventory at discounts, High Court told
 "Amazon and Cloudtail, Appario related as preferred sellers: CCI lawyer")
This IIT grad is taking on MNC giants with her $100 mn beauty brand
Before the Covid-19 outbreak in the country, Vineeta Singh's firm SUGAR had already crossed Rs 100 crore in net revenue and posted an 85% YoY growth rate
 "This IIT grad is taking on MNC giants with her $100 mn beauty brand")
50 global investors made their first Indian investment in 2020: Report
Indian private market is going strong with a record investment of $41 billion in 2020 despite Covid
 "50 global investors made their first Indian investment in 2020: Report")
Flipkart ramps up grocery operations; expands reach to over 50 cities
The pandemic has led to a sharp growth in consumer demand for e-grocery, not only in metros but also from tier 2 cities and beyond
 "Flipkart ramps up grocery operations; expands reach to over 50 cities")
Flipkart in talks to add online travel aggregator Cleartrip to its cart
The move would help the e-commerce giant diversify its business and tap the opportunities in the travel space, according to industry sources
 "Flipkart in talks to add online travel aggregator Cleartrip to its cart")
PhonePe leads UPI payments with over 970 mn transactions in February
The Walmart-owned firm, which competes with Google Pay, Paytm and Amazon Pay, now processes some 1.07 billion monthly transactions across UPI, cards and wallets
 "PhonePe leads UPI payments with over 970 mn transactions in February")
Amazon, eBay make recommendations to govt for foreign trade policy
Recommendations have been made to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021
 "Amazon, eBay make recommendations to govt for foreign trade policy")
Flipkart makes key changes in leadership team ahead of the IPO plan
As the e-commerce firm focuses on building and growing its business further, it has made a few leadership role changes in areas such as supply chain, category design operations and fintech and payment
 "Flipkart makes key changes in leadership team ahead of the IPO plan")
Uber's business shows strong recovery signs post lockdown in India
As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets
 "Uber's business shows strong recovery signs post lockdown in India")