 "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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Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO
Indian e-commerce firm bets on AI, advertising and low-cost logistics to reach profitability as it prepares to test public markets
 "Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO")
Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags
Former SC judge and ex-RBI official flag possible in remittance made by edtech firm
 "Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags")
Proofs show lenders misled on $533 million claim: Byju Raveendran
Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP
 "Proofs show lenders misled on $533 million claim: Byju Raveendran")
Ace International raises ₹305 cr to build dairy nutrition hub in Andhra
Funding from FMO, responsAbility, Incofin, and Fiedlin will back a greenfield facility in Kuppam, aimed at high-performance, customised nutrition ingredients
 "Ace International raises ₹305 cr to build dairy nutrition hub in Andhra")
Mirana Toys raises ₹57.5 crore Series A funding to scale production
Mirana Toys has secured ₹57.5 crore in Series A funding to set up a new factory, expand design and sales teams and meet rising domestic and global demand for smart and educational toys
 "Mirana Toys raises ₹57.5 crore Series A funding to scale production")
Morphle Labs raises $5 million to automate core of cancer diagnostics
Inflexor Ventures-led round backs robotic microtomy and high-throughput imaging systems as the startup accelerates global expansion and regulatory approvals
 "Morphle Labs raises $5 million to automate core of cancer diagnostics")
Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev
Investment marks the gas distributor's first major bet on electric mobility as 3ev expands manufacturing and charging services
 "Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev")
Accel, Google AI Futures Fund to launch 2026 AI cohort for Indian founders
Milestone partnership to focus on AI for Indians and taking AI innovation from India to the world
 "Accel, Google AI Futures Fund to launch 2026 AI cohort for Indian founders")
Prosus CEO flags India as top priority, accelerates AI investments
The Dutch investor posted steady growth in its India operations for the six months ended September 30, 2025, led by a stronger PayU performance and continued momentum across its broader portfolio
 "Prosus CEO flags India as top priority, accelerates AI investments")
US judgment against Byju Raveendran faces steep barriers in India
Default $1.07 bn ruling by Delaware court lacks automatic recognition under Indian law: Legal experts
US court orders Byju Raveendran to pay over $1 bn in Alpha-GLAS Trust case
Byju Raveendran plans to appeal US court's expedited default judgment, denies all allegations, and says GLAS Trust misled both Delaware court and public while blocking his ability to present a defence
 "US court orders Byju Raveendran to pay over $1 bn in Alpha-GLAS Trust case")
BoAt's local production jumps to 76%; hits 3x localisation in 2 years
IPO-bound wearable and audio brand cements its position as one of India's most vertically integrated consumer tech companies, manufacturing over 75 million units in India as of June 30, 2025
 "BoAt's local production jumps to 76%; hits 3x localisation in 2 years")
Ather rolls out Rizta scooter in Sri Lanka, accelerates global push
Launch with local distributor marks Ather's latest step in its international expansion
 "Ather rolls out Rizta scooter in Sri Lanka, accelerates global push")
Karnataka government bets big on AI with ₹400 crore push at tech summit
Government teams with venture investors to back deeptech startups as Bengaluru seeks to fortify its position as India's premier innovation hub
 "Karnataka government bets big on AI with ₹400 crore push at tech summit")
India can be the most important country in the world for AI: Kirthiga Reddy
Former Facebook India (now Meta India) MD Kirthiga Reddy shares insights on building AI-native companies and why established tech firms must move 100x faster
 "India can be the most important country in the world for AI: Kirthiga Reddy")
Ultrahuman raises ₹100 crore in venture debt to fuel market expansion
The Bengaluru health-tech firm plans to use the Alteria Capital financing to scale its wearable ecosystem, deepen product innovation and expand sports and research partnerships
 "Ultrahuman raises ₹100 crore in venture debt to fuel market expansion")
Jeh Aerospace opens next-gen manufacturing hub as global orders surge
Jeh Aerospace has launched its next-generation Mach 2 manufacturing hub in Hyderabad, expanding capacity nearly fourfold and embedding AI, autonomous machining and digital-twin systems
 "Jeh Aerospace opens next-gen manufacturing hub as global orders surge")
Pulse secures 100 mn euros funding from Castlelake to expand SME lending
The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending
 "Pulse secures 100 mn euros funding from Castlelake to expand SME lending")
Luma AI secures $900 mn to accelerate multimodal AGI frontier push
This Series C is a milestone in the company's mission to build multimodal general intelligence: AI that can generate, understand and operate in the physical world
 "Luma AI secures $900 mn to accelerate multimodal AGI frontier push")
India may lose tech edge unless big firms scale up AI spending: MeitY
MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge
 "India may lose tech edge unless big firms scale up AI spending: MeitY")