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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Govt reads out the riot act to cab aggregators amid rise in complaints
Takes tough stand on ride cancellation and surge pricing
 "Govt reads out the riot act to cab aggregators amid rise in complaints")
OnePlus bets on Nord to take premium phone experience to small towns
In less than three years of its inception, OnePlus said the Nord category has become a community favourite. This is crucial as India is the largest smartphone market after China
 "OnePlus bets on Nord to take premium phone experience to small towns")
Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal
This is the fintech unicorn's fourth and largest ESOP sale for existing and former employees, irrespective of ranks
 "Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal")
'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover
Initiative entails a pledge to plant one tree in and around Bengaluru for every Goldman employee in India by 2025
 "'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover")
Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO
Rated among India's top analysts, he has been associated with organisations such as JP Morgan, Infosys and IDFC
 "Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO")
Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation
Goyal was granted ESOPS by Zomato's investors and board based on his performance right before the company went public last year
 "Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation")
JPIN launches funds worth $150 mn to promote startups in India, worldwide
The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.
 "JPIN launches funds worth $150 mn to promote startups in India, worldwide")
Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads
The funding to Redcliffe Lifetech would help the diagnostic platforms to expand access to affordable, high-quality diagnostic tests across India, especially in tier 2, 3, and 4 cities
 "Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads")
Arun Sirdeshmukh, CEO of Ola's vehicle commerce unit, is leaving company
Ride-hailing firm has deferred its proposed IPO, and is said to be tackling a string of exits by senior executives.
 "Arun Sirdeshmukh, CEO of Ola's vehicle commerce unit, is leaving company")
45% growth in active internet users in rural India since 2019: Study
The study revealed that female active internet users grew by a whopping 61% since 2019
 "45% growth in active internet users in rural India since 2019: Study")
MPL launches Mayhem Studios to step up development of mobile games
The studio will have a team of professionals in the area of animation, art, cinematics, design, engineering, UI and UX game design and game production.
 "MPL launches Mayhem Studios to step up development of mobile games")
GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others
Funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing tie-ups, and expansion in-vitro diagnostics
 "GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others")
Indians on Amazon Global Selling to enable $20 bn in exports by 2025
Amazon has doubled the exports pledge and the Indian exporters are on track to surpass $5 billion in cumulative exports on the e-commerce platform.
 "Indians on Amazon Global Selling to enable $20 bn in exports by 2025")
Zepto raises $200 mn to expand its 10-minute grocery delivery across India
The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundraise, valuing the quick commerce company at around $900 million
 "Zepto raises $200 mn to expand its 10-minute grocery delivery across India")
Health tech firm Practo elevates Siddhartha Nihalani as co-founder
Executive has been associated with Practo since its inception and has been a driving force behind the technology, growth and business strategy.
 "Health tech firm Practo elevates Siddhartha Nihalani as co-founder")
ISMC to invest Rs 22,900 cr in Karnataka on semiconductor fabrication plant
ISMC has sought 150 acres in Mysuru's Kochanahalli Industrial area. This will be one of India's first and largest semiconductor fabrication units under Centre's Semiconductor Mission
 "ISMC to invest Rs 22,900 cr in Karnataka on semiconductor fabrication plant")
udaan, JioMart may disrupt $100 bn B2B e-commerce mkt in decade: Jefferies
udaan has already garnered over 50 per cent market share while Reliance is at around a quarter share, says the report by top investment bank Jefferies.
 "udaan, JioMart may disrupt $100 bn B2B e-commerce mkt in decade: Jefferies")
IISc Bangalore, USA's SEMI to cooperate in quantum technologies
Separate agreement signed for exploring the growth potential of electronics and semiconductor industry in India.
 "IISc Bangalore, USA's SEMI to cooperate in quantum technologies")
Next unicorn will be firm working on semiconductors: Rajeev Chandrasekhar
Union Minister says small firms are 'truly catalysing'' country electronics and technology industry.
 "Next unicorn will be firm working on semiconductors: Rajeev Chandrasekhar")
India emerged stronger despite huge loss due to Covid: Rajeev Chandrasekhar
Rajeev Chandrasekhar said the govt has been cognizant of the rapid pace of digitalization thrust upon the country by pandemic and the ability to face this calamity with resilience has been appreciated
 "India emerged stronger despite huge loss due to Covid: Rajeev Chandrasekhar")