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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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")
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
 "Flipkart ends WFH policy, asks staff to be in office 5 days a week")
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")
Nanotech startup Vimano raises Rs 25 cr in seed round led by Ankur Capital
Vimano's membranes can reshape how energy is stored across multiple formats, with green hydrogen alone projected to grow nearly 10-times to over $60 bn by 2030, according to the investor Ankur Capital
 "Nanotech startup Vimano raises Rs 25 cr in seed round led by Ankur Capital")
We're focused on AI-robotics partnerships, says B Capital's Karan Mohla
India's strength lies in software engineering and development. Historically, the country did not have much success in robotics. But that has started to change
 "We're focused on AI-robotics partnerships, says B Capital's Karan Mohla")
Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal
The acquisition will enable Delhivery to service customers of both companies better through investments in infrastructure, technology, network and people, according to the company's CEO
 "Delhivery to acquire rival Ecom Express for Rs 1,407 crore in all-cash deal")
US reciprocal tariffs: Ecom players wait & watch as no-duty regime winds up
The de minimis system allowed products and merchandise under $800 to enter the US without any duty and with minimal inspection
 "US reciprocal tariffs: Ecom players wait & watch as no-duty regime winds up")
From construction sites to factory floor, Indian firms battle heat
For industries like steel manufacturing, where extreme temperatures are part of daily operations, structured heat management protocols are crucial
 "From construction sites to factory floor, Indian firms battle heat")