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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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")
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")
Aim to make India a hub for semiconductors for the world: PM Narendra Modi
IT minister says will grant approvals to chip makers in 6-8 months
 "Aim to make India a hub for semiconductors for the world: PM Narendra Modi")
Northeast takes the lead on digitisation: PhonePe Pulse Q1 2022 Data
According to a report by the Ministry of Electronics & Information Technology, UPI has now become the most popular mode of payment
 "Northeast takes the lead on digitisation: PhonePe Pulse Q1 2022 Data")
Preferential treatment case: CCI raids sellers of Amazon, Flipkart
India's antitrust body launched raids on the two top domestic sellers of Amazon over accusations of having violated competition laws
 "Preferential treatment case: CCI raids sellers of Amazon, Flipkart")
Vedantu announces technology to bring down cost of online learning
Ai Live will give Vedantu an edge over competitors Byju's, Unacademy, Simplilearn, UpGrad and Amazon Academy, says company.
 "Vedantu announces technology to bring down cost of online learning")
Flipkart unveils lab to tap Web3, metaverse for e-commerce innovations
Flipkart Labs will be based in Bengaluru and it will back in-house innovation by using emerging technologies, promoting ideas, and delivering "breakthrough solutions", it said
 "Flipkart unveils lab to tap Web3, metaverse for e-commerce innovations")
SoftBank-backed Meesho records over 100 mn transacting users
Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
 "SoftBank-backed Meesho records over 100 mn transacting users")
Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario
India's antitrust body has reportedly launched raids against the two top domestic sellers of Amazon over accusations of having violated competition laws
 "Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario")