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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Nextiva opens India centre to power AI, customer experience growth
Nextiva launches its biggest facility outside US in Bengaluru
 "Nextiva opens India centre to power AI, customer experience growth")
CARS24 acquires Team-BHP, aims to strengthen India's automotive community
CARS24's involvement is focused on strengthening Team-BHP's product, technology and AI capabilities to improve the experience of its readers and community members
 "CARS24 acquires Team-BHP, aims to strengthen India's automotive community")
Flipkart plans India IPO next year, targets up to $70 billion valuation
The Walmart-owned company has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing
 "Flipkart plans India IPO next year, targets up to $70 billion valuation")
From warehouses to local stores: Ola Electric shifts gear amid row
In addition to cost savings, these changes have resulted in reducing average vehicle inventory from 35 to 20 days, and reducing delivery time for customers from 12 days to 4 days
 "From warehouses to local stores: Ola Electric shifts gear amid row")
IPO-bound Flipkart plans to shift holding company from Singapore to India
Speaking on the development, a Flipkart spokesperson on Monday night said the strategic decision reflects the company's deep and unwavering commitment to India and its remarkable growth
 "IPO-bound Flipkart plans to shift holding company from Singapore to India")
IntrCity SmartBus eyes Rs 1K cr turnover after posting strong FY25 growth
Targets to serve 1 million monthly travellers by 2027 and expand the network with 500 new SmartBus to join the fleet in the next 2 years
 "IntrCity SmartBus eyes Rs 1K cr turnover after posting strong FY25 growth")
PhonePe's Pincode app starts 24x7 medicine delivery in three cities
Pincode app is transforming the online pharmacy sector through exclusive partnerships with local medical shops, rather than utilising dark stores
 "PhonePe's Pincode app starts 24x7 medicine delivery in three cities")
Sebi investigation into BluSmart likely to slow Uber's EV push in India
Uber's EV ambitions in India are focused on accelerating the shift to zero-emission mobility, with a goal of electrifying every ride on its platform by 2040
Flipkart ends WFH policy, asks staff to be in office 5 days a week
Company adopted remote work at the onset of Covid-19 in 2020, ends practice as it preps for IPO
Magma raises $5 million Series A led by Capria to scale B2B solutions
The company has been operationally profitable since inception and is currently growing at a Rs 250 crore revenue run rate
 "Magma raises $5 million Series A led by Capria to scale B2B solutions")
Tighter norms, rising compliance failures driving scrutiny for startups
Jaggi brothers case spotlights rising governance issues in startup ecosystem
 "Tighter norms, rising compliance failures driving scrutiny for startups")
Zeta bets on modern code to rewrite $300 bn banking software market
The aim is to tackle a long-standing issue: core banking systems remain outdated, built on decades-old mainframes and COBOL code
 "Zeta bets on modern code to rewrite $300 bn banking software market")
Airtel teams up with Blinkit to offer 10-minute SIM card home delivery
A first-of-its-kind service by a telco, the services are now live in 16 cities in the country, with plans to add more cities and towns over a period of time
 "Airtel teams up with Blinkit to offer 10-minute SIM card home delivery")
Swiggy launches AI-powered Pyng app, enters professional services market
At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs
 "Swiggy launches AI-powered Pyng app, enters professional services market")
Swiggy's new SNACC app now delivering in Noida, Gurugram in 10 minutes
Delivery of a wide range of delicious snacks, food and beverages in 10 minutes caters to time-starved working professionals and new-age consumers in urban India
 "Swiggy's new SNACC app now delivering in Noida, Gurugram in 10 minutes")
Ecom means biz with AI: Technology repurposed to serve Indian customers
As more people in towns and rural areas shop online, firms are localising and training AI tools for cultural nuances
 "Ecom means biz with AI: Technology repurposed to serve Indian customers")
US tariffs: Global trade tensions hit IPO outlook for Indian tech startups
A wave of market uncertainty has tempered investor appetite, leading many firms to consider delaying their listings, according to industry sources and analysts
 "US tariffs: Global trade tensions hit IPO outlook for Indian tech startups")
Myntra's chief product & technology officer Raghu Krishnananda to step down
As CPTO, he has led his teams to ensure that Myntra's tech and product strategy remains agile, scalable and closely aligned with business goals, according to the internal mail sent to employees by CEO
 "Myntra's chief product & technology officer Raghu Krishnananda to step down")
Lenders to SPV in Delaware sue Byju Raveendran for 'stealing' $533 mn
Edtech pioneer, wife and close business associate accused of 'masterminding theft of more than half a billion dollars'
 "Lenders to SPV in Delaware sue Byju Raveendran for 'stealing' $533 mn")
India team vital to the future of flight with AI: GE Aerospace's Deshmukh
Dinakar Deshmukh, vice-president of Data Sciences and Analytics at GE Aerospace, the data science and engineering teams in Bengaluru have played a key role in building GE's digital twin concept
 "India team vital to the future of flight with AI: GE Aerospace's Deshmukh")