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.
Page 12 - Peerzada Abrar
Apple inaugurates 3rd India store in Bengaluru; open for public from Sept 2
The iPhone maker expands retail presence beyond Mumbai and Delhi as it targets India's growing smartphone market
 "Apple inaugurates 3rd India store in Bengaluru; open for public from Sept 2")
Flipkart acquires majority stake in infotainment platform Pinkvilla
Flipkart has acquired a majority stake in Pinkvilla to expand its digital content footprint, target Gen Z and millennial audiences, and leverage infotainment for commerce growth
 "Flipkart acquires majority stake in infotainment platform Pinkvilla")
Meesho to add 12 lakh seasonal jobs, 70% from tier-3 and tier-4 cities
Meesho will create 12 lakh seasonal jobs across its seller and logistics network ahead of the festive season, with most roles coming from tier-3 and tier-4 cities
 "Meesho to add 12 lakh seasonal jobs, 70% from tier-3 and tier-4 cities")
Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown
India-focused fund attracts investors from Korea to Hong Kong as venture funding hits multi-year lows
 "Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown")
Myntra ramps up hiring ahead of flagship sale event, adds 11,000 roles
Seasonal hiring includes around 30% women as demand ramps up before Big Fashion Festival
 "Myntra ramps up hiring ahead of flagship sale event, adds 11,000 roles")
Flipkart, Amazon stack up space for India's festival shopping rush
Flipkart and Amazon are scaling warehouse and delivery networks ahead of festive sales projected to touch Rs 120,000 crore, while Myntra and Instamart gear up for rising demand
 "Flipkart, Amazon stack up space for India's festival shopping rush")
TransBnk raises $25 million to expand banking infrastructure platform
TransBnk secures $25 million in Series B funding led by Bessemer to expand into Southeast Asia and Middle East while strengthening its domestic banking infrastructure platform
 "TransBnk raises $25 million to expand banking infrastructure platform")
Sentient cofounder calls for viable and decentralised open-source AI
Tyagi is a professor at the Indian Institute of Science (IISc), Bengaluru, and cofounded $1.2 billion artificial intelligence (AI) startup Sentient
 "Sentient cofounder calls for viable and decentralised open-source AI")
Trump's digital tax warning: Task cut out for US tech giants in India
Tech giants navigate evolving trade tensions as India maintains commitment to a balanced regulatory approach
 "Trump's digital tax warning: Task cut out for US tech giants in India")
Qatar's sovereign wealth fund moves HC to recover $235 mn from Byju's
Qatar Investment Authority escalates legal action against Byju Raveendran, seeking $235 million through Indian courts after a Singapore arbitration award
 "Qatar's sovereign wealth fund moves HC to recover $235 mn from Byju's")
Flipkart hires 220,000 seasonal workers ahead of festive demand surge
Flipkart is hiring 220,000 seasonal workers to support its operations during the peak festive shopping season, expanding infrastructure and technology across India
 "Flipkart hires 220,000 seasonal workers ahead of festive demand surge")
India bets on open-source AI to challenge US tech giants: Himanshu Tyagi
Sentient founder Himanshu Tyagi advocates for open-source AI to ensure India's technological sovereignty, as the country's AI talent pool grows rapidly and aims to challenge US and Chinese dominance
Flipkart expands Northeast operations with new grocery fulfilment centre
Flipkart has launched its first grocery fulfilment centre in Tripura to strengthen delivery timelines, support local businesses and deepen e-commerce penetration in the Northeast
 "Flipkart expands Northeast operations with new grocery fulfilment centre")
Banks fund India's digital payments while fintechs reap the revenue
UPI cost burden reaches Rs 8,500 crore annually as third-party apps dominate customer engagement
 "Banks fund India's digital payments while fintechs reap the revenue")
Weaver raises $170 million to expand AI-led affordable housing finance
Weaver Services secures $170 million from Lightspeed, Premji Invest, and Gaja Capital to drive asset acquisitions, tech innovation, and housing finance access in tier-2 and tier-3 cities
 "Weaver raises $170 million to expand AI-led affordable housing finance")
Amazon India hires 150,000 seasonal workers ahead of festive demand surge
Amazon India has created over 150,000 seasonal jobs across 400 cities to gear up for the festive shopping season, expanding initiatives for women, PWDs, health and associate welfare
 "Amazon India hires 150,000 seasonal workers ahead of festive demand surge")
India's GST cuts to lift festive e-commerce sales by up to 20%: Executives
India's GST overhaul is expected to drive festive e-commerce sales higher by 15-20% in electronics and other categories, as lower tax rates put more money in consumers' hands
 "India's GST cuts to lift festive e-commerce sales by up to 20%: Executives")
Seafood startup Captain Fresh files for $400 mn India IPO with Sebi
Captain Fresh has confidentially filed for a $400 million IPO in India, targeting a $1 billion-plus valuation as it expands its tech-driven seafood supply chain platform
 "Seafood startup Captain Fresh files for $400 mn India IPO with Sebi")
Email startup Titan lands deal with GoDaddy to take on Google, Microsoft
The deal will integrate Titan's AI-powered email platform into GoDaddy's Professional Email service, potentially reaching millions of small businesses globally
 "Email startup Titan lands deal with GoDaddy to take on Google, Microsoft")
Speciale Invest raises ₹600 crore fund to back Indian deep-tech start-ups
Fund targets space, defence, and AI companies as firm bets on India's 'sovereign tech' capabilities amid global supply chain shifts
 "Speciale Invest raises ₹600 crore fund to back Indian deep-tech start-ups")