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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Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%
Swiggy's food delivery business gross order value (GOV) grew 19.2 per cent Y-o-Y to Rs 7,436 crore
 "Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%")
Drone battery tech co Dreamfly Innovations raises $1.4 mn in seed funding
In a seed round, a startup raises funds to establish its business. The firm plans to use this fund to scale production capabilities, team expansion and research and development
 "Drone battery tech co Dreamfly Innovations raises $1.4 mn in seed funding")
VC investors take leading role in guiding startups through AI disruption
From advising on strategic integrations to connecting with top-tier AI talent, VCs are offering more than just capital
 "VC investors take leading role in guiding startups through AI disruption")
Tech leaders, startup founders, investors welcome Budget 2025-26
The Budget announced a new Fund of Funds (FoF) with an expanded scope of Rs 10,000 crore
 "Tech leaders, startup founders, investors welcome Budget 2025-26")
Good Glamm Group looks to raise Rs 250 crore amid financial challenges
Sources privy to the development said that the company is actively streamlining its operations to address various challenges
 "Good Glamm Group looks to raise Rs 250 crore amid financial challenges")
Seafood tech firm Captain Fresh raises Rs 250 cr in ongoing pre-IPO round
Prosus Ventures, Accel, and Tiger Global lead the round, backed by prominent domestic family offices
 "Seafood tech firm Captain Fresh raises Rs 250 cr in ongoing pre-IPO round")
Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters
Ola Electric said the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability
 "Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters")
Indian food services market projected to hit $144-152 bn by 2030: Report
Consumers in metro and Tier-I cities are increasingly opting to order in and dine out, driven by convenience and a desire for a break from routine
 "Indian food services market projected to hit $144-152 bn by 2030: Report")
SuperOps secures $25 mn in Series to drive AI innovation, expand Globally
SuperOps also unveils Monica, a hyper-contextual AI super agent that empowers smarter, faster business decision-making
 "SuperOps secures $25 mn in Series to drive AI innovation, expand Globally")
Edtech startup Leap raises $65 mn in Series E round led by Apis Partners
Company provides services for studying abroad, has raised $200 million in equity since 2019
 "Edtech startup Leap raises $65 mn in Series E round led by Apis Partners")
Whizzo raises $4.2 mn from Lightspeed to transform textile manufacturing
The investment will advance Whizzo's materials science R&D, establish a cutting-edge design lab for fashion textiles, and boost its supply chain across India, Vietnam, China, Bangladesh, and Indonesia
 "Whizzo raises $4.2 mn from Lightspeed to transform textile manufacturing")
Atomicwork raises $25 mn to transform enterprise IT with Agentic AI
The Series A funding will fuel the scaling of enterprise AI agents, expand go-to-market (GTM) efforts, and enhance platform integrations for seamless scalability
 "Atomicwork raises $25 mn to transform enterprise IT with Agentic AI")
Astrome Tech raises $10 mn to accelerate wireless connectivity innovation
The company seeks to transform the communication landscape with advanced solutions for both ground and space-based networks
Focus should be on smart talent, not labour arbitrage: Ronnie Screwvala
he highlighted that India has a significant opportunity to position itself as one of the world's most innovative nations by focusing on developing its talent pool
 "Focus should be on smart talent, not labour arbitrage: Ronnie Screwvala")
Prashanth Prakash awarded Padma Shri for transforming startup ecosystem
As a founding partner of venture capital firm Accel India, Prakash has been instrumental in nurturing some of India's most iconic startups, including Flipkart, Swiggy, BookMyShow
 "Prashanth Prakash awarded Padma Shri for transforming startup ecosystem")
Zetwerk Manufacturing strengthens leadership team in preparation for IPO
The manufacturing firm has assembled a leadership team with extensive experience in electronics manufacturing to drive operations and innovation
 "Zetwerk Manufacturing strengthens leadership team in preparation for IPO")
Winter sales keep R-Day offers under weather; online rebates galore
Lower stocks limit offline discounts
 "Winter sales keep R-Day offers under weather; online rebates galore")
Sanlayan Tech buys Dexcel Elec to boost defence, aerospace innovation
Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO's Chandrayaan-3 and Aditya-L1 missions
 "Sanlayan Tech buys Dexcel Elec to boost defence, aerospace innovation")
VuNet Systems secures Rs 60 crore in Series B to drive global expansion
VuNet's observability solution, built using big data and machine learning, helps to monitor business journeys and improve payment experience of users
 "VuNet Systems secures Rs 60 crore in Series B to drive global expansion")
Govt draft e-commerce norms need tweaks to suit varied biz models: Experts
The ecommerce market in India, estimated to be at $137.21 billion in 2025 is expected to reach $363.30 billion by 2030
 "Govt draft e-commerce norms need tweaks to suit varied biz models: Experts")