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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Focusing on speedy delivery this festival season: Amazon's Akhil Saxena
Akhil Saxena, vice president, operations, APAC, MENA and LATAM and worldwide customer service head, Amazon, is passionate about coaching people
 "Focusing on speedy delivery this festival season: Amazon's Akhil Saxena")
Flipkart unveils VIP subscription programme ahead of the festive season
Flipkart is taking on Amazon by introducing a paid subscription service primarily aimed at shoppers in top cities.
 "Flipkart unveils VIP subscription programme ahead of the festive season")
Krypton may invest $100 mn to set up a fabrication unit in Karnataka
Krypton Solutions plans to invest in Bommasandra for a new PCB facility in Karnataka
 "Krypton may invest $100 mn to set up a fabrication unit in Karnataka")
Meesho makes platform non-GST inclusive to attract millions of new sellers
This move will potentially unlock 15-20 million sellers in historically under-penetrated states for the company
 "Meesho makes platform non-GST inclusive to attract millions of new sellers")
Byju's to present FY22 financials at board meet amid investor concerns
The edtech firm is yet to file its FY22 results with Registrars of Companies and this delay has been a key concern among investors as well as the lenders
 "Byju's to present FY22 financials at board meet amid investor concerns")
Festival season: E-com giants Amazon, Flipkart add to cart mega sale events
Over 1.4 million entrepreneurs, including Flipkart Samarth sellers, encompassing artisans, weavers, women, and self-help groups (SHGs), are set to participate in TBBD
 "Festival season: E-com giants Amazon, Flipkart add to cart mega sale events")
Flipkart appoints Microsoft's Keshav Dhakad as senior V-P, general counsel
Dhakad has moved out of Microsoft after spending 15 years with the tech giant in various roles
 "Flipkart appoints Microsoft's Keshav Dhakad as senior V-P, general counsel")
Flipkart to host its 'Big Billion Days' sale event from October 8
Flipkart's chief rival, Amazon, is also hosting its flagship sale event, 'Great Indian Festival' (GIF), on October 8, with early access for Prime members beginning October 7
Over 8 million customers expected to shop during Myntra's festive sale
With over 23 lakh styles from more than 6000 brands, the fourth edition of the Myntra BFF offers one of the biggest assortments of selections across fashion, beauty, and lifestyle ever
 "Over 8 million customers expected to shop during Myntra's festive sale")
Byju's rolls out new social media policy for employees amid layoffs
Any violation will be taken up by the company seriously and may result in appropriate disciplinary and legal action initiated against the employees, according to the internal company document
 "Byju's rolls out new social media policy for employees amid layoffs")
Tech firm revolutionises silk cocoon trade with tech-enabled bidding
ReshaMandi has built a technology-driven bidding process to ensure that farmers receive the best prices for their yields, given the short shelf life of silk cocoons
 "Tech firm revolutionises silk cocoon trade with tech-enabled bidding")
Edtech firm Byju's to lay off 4,000 employees in major restructuring
The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources
 "Edtech firm Byju's to lay off 4,000 employees in major restructuring")
Beauty care firm Pilgrim raises $20 mn in funding for business expansion
Company says it will use money for brand building, research, and bolstering its offline presence
 "Beauty care firm Pilgrim raises $20 mn in funding for business expansion")
81% intent on festival season e-shopping: Nielsen Media India study
The study also revealed that for 68 per cent of consumers, Amazon.in is the go-to online shopping destination
 "81% intent on festival season e-shopping: Nielsen Media India study")
Flipkart Ventures invests in five early-stage technology startups
These investments are a part of the accelerator programme - Flipkart Leap Ahead (FLA)
Meesho enables over 500,000 job opportunities for upcoming festive season
Meesho sellers are projected to hire over 3 lakh seasonal workers as part of their requirements for the festive season
Udaan in talks with existing and new investors to raise $400 million
Funding will bolster its balance sheet, IPO plans
 "Udaan in talks with existing and new investors to raise $400 million")
Myntra to scale up share of women hiring to over 21% this festive season
This drive seeks to hire women from economically disadvantaged backgrounds and extend the opportunities for means of livelihood
 "Myntra to scale up share of women hiring to over 21% this festive season")
Amazon launches Multi-Channel Fulfilment for sellers and brands in India
Amazon's logistics capabilities to handle customer orders received from a wide range of sales channels, including their own websites, enabling seamless fulfilment with speed and convenience
 "Amazon launches Multi-Channel Fulfilment for sellers and brands in India")
Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue
The company's revenue from operations reached Rs 100 cr in 2022-23 compared to just Rs 2.3 crore in 2021-22 and the firm said it has become PAT positive
 "Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue")