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.
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Swiggy adds Noon CEO to Board as SoftBank, Accel representatives exit
The food delivery giant moves to strengthen board independence following public listing
 "Swiggy adds Noon CEO to Board as SoftBank, Accel representatives exit")
AI platform iTuring raises $5 million Series A for financial services push
iTuring.ai, an AI platform targeting the BFSI sector, raises $5 million in Series A funding led by Dallas Venture Capital and Mela Ventures to expand product development
 "AI platform iTuring raises $5 million Series A for financial services push")
From comics to chatbots, startups adopt Google AI for local impact
At Google I/O Connect India 2025, Indian startups demonstrated AI apps built on Google's platforms, powering innovations in translation, entertainment, and enterprise
 "From comics to chatbots, startups adopt Google AI for local impact")
Google unveils AI initiatives to target India's booming tech sector
Google is localising Gemini data processing, expanding AI tools and teaming up with Indian startups and institutes to strengthen its presence in the country's AI ecosystem
 "Google unveils AI initiatives to target India's booming tech sector")
AI-first startups challenge India's $300 billion IT services giants
Venture capital pours into companies like Atomicwork and Nurix AI as autonomous agents promise to reshape enterprise workflows and force legacy players to adapt
 "AI-first startups challenge India's $300 billion IT services giants")
Former Puma India head Abhishek Ganguly eyes a long run with new company
Abhishek Ganguly is planning to scale up multiple sports apparel brands to multimillion-dollar levels through his venture Agilitas Sports
 "Former Puma India head Abhishek Ganguly eyes a long run with new company")
Amazon Prime Day breaks records with 18,000 orders per minute in India
Amazon Prime Day 2025 saw a record 18,000 orders per minute, with significant growth in tier-2 cities and a surge in premium consumption, as delivery infrastructure pays off
 "Amazon Prime Day breaks records with 18,000 orders per minute in India")
Byju's founders plan $2.5 billion lawsuit against investors, lenders
Education startup's creators blame financial backers for the company's collapse from $22 billion valuation to insolvency
 "Byju's founders plan $2.5 billion lawsuit against investors, lenders")
Udaan acquires retail technology startup ShopKirana ahead of IPO
Udaan has acquired ShopKirana in an all-stock deal, aiming to enhance its FMCG expertise, tech capabilities, and supply chain strengths as it prepares for an IPO in the coming years
 "Udaan acquires retail technology startup ShopKirana ahead of IPO")
Startup coalition builds IPO runway for 40 firms eyeing $90 bn market
Startup Policy Forum launches Centre for New-Age Public Companies to guide tech firms through IPOs as India's markets attract listings worth over $90 billion
 "Startup coalition builds IPO runway for 40 firms eyeing $90 bn market")
60% users say e-commerce platforms block negative reviews: Survey
As India nears 900 million internet users, e-commerce platforms face scrutiny over fake or censored reviews, with calls for mandatory government enforcement of BIS standards
 "60% users say e-commerce platforms block negative reviews: Survey")
QpiAI raises $32 million from Avataar, NQM to build quantum computers
Bengaluru-based QpiAI raises $32 million to build utility-scale quantum systems as India pushes ahead in emerging technologies through public and private backing
 "QpiAI raises $32 million from Avataar, NQM to build quantum computers")
Swiggy launches high-protein food category across 30 cities in India
Food-delivery platform launches curated section with over 500,000 protein-rich dishes from 35,000 restaurants as India faces widespread protein deficiency
Trupeer raises $3 mn to automate video production for software teams
Backed by RTP Global and Salesforce Ventures, Trupeer uses AI to turn screen recordings into polished demos, helping teams scale content without video skills
 "Trupeer raises $3 mn to automate video production for software teams")
Ola Electric Mobility Q1 results: Loss widens 23%, revenue falls 50%
Revenue from operations slumped nearly 50 per cent to ₹828 crore, down from ₹1,644 crore a year ago
 "Ola Electric Mobility Q1 results: Loss widens 23%, revenue falls 50%")
Flipkart offers $50 million stock buyback to employees ahead of planned IPO
Walmart-owned Flipkart is offering a $50 million stock buyback to employees, signaling confidence in its upcoming IPO and promising an additional liquidity event if performance targets are met
 "Flipkart offers $50 million stock buyback to employees ahead of planned IPO")
Google focuses on India's farms and languages in new AI initiatives
Google unveils open-source AI initiatives targeting India's agriculture and linguistic diversity, aiming to enhance farming productivity and cultural representation in AI models, boosting partnerships
 "Google focuses on India's farms and languages in new AI initiatives")
India's quick commerce market seen tripling to ₹2 trillion by FY28
India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf
 "India's quick commerce market seen tripling to ₹2 trillion by FY28")
AI-powered scams target Prime Day 2025 shoppers as online fraud surges
Scammers use AI to create fake Amazon sites and impersonation texts during Prime Day, with 96 per cent of Indians shopping online and concern growing over fraud
 "AI-powered scams target Prime Day 2025 shoppers as online fraud surges")
Khetika bets big on clean-label food chain, looks to expand to 40 cities
The company has raised $18 million to expand tech-enabled farming platform that connects smallholders directly to consumers seeking chemical-free staples
 "Khetika bets big on clean-label food chain, looks to expand to 40 cities")