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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Food delivery apps Zomato, Swiggy hit by hour-long technical glitch
Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM
 "Food delivery apps Zomato, Swiggy hit by hour-long technical glitch")
Flipkart taps healthcare sector with brand new 'Flipkart Health+' app
The tech platform Flipkart enables access to genuine medicines and healthcare products, and services for millions of customers across the country.
 "Flipkart taps healthcare sector with brand new 'Flipkart Health+' app")
Google-backed Dunzo launches instant grocery delivery service in Mumbai
In less than a year, 'Dunzo Daily' is growing at a rate of more than 100 per cent month on month and is expected to fulfill more than 200,000 orders per day by June 2022
 "Google-backed Dunzo launches instant grocery delivery service in Mumbai")
Google Maps rolls out toll prices to help people plan their trips better
For those looking to explore alternative routes, Google Maps will continue to provide the option of a toll-free route, where available, alongside options with tolls.
 "Google Maps rolls out toll prices to help people plan their trips better")
Local language tech platform VerSe Innovation's valuation crosses $5 bn
The investment will be focused on strengthening the company's leadership position in the country. VerSe plans to both deepen and broaden its AI and ML (machine learning) and data science capabilities
 "Local language tech platform VerSe Innovation's valuation crosses $5 bn")
Gupshup acquires Active.Ai to strengthen customer experience solutions
Active.Ai serves BFSI customers across 43 countries with conversational banking as a service platform that helps clients engage with millions of consumers every month
 "Gupshup acquires Active.Ai to strengthen customer experience solutions")
PhonePe plans to fill 2800 positions in 12 mths, to hire across functions
The Walmart-owned fintech firm is focused on doubling employee strength to about 5400.
 "PhonePe plans to fill 2800 positions in 12 mths, to hire across functions")
Meesho integrates grocery with core application; rebrands Farmiso
Meesho Superstore currently provides 500 products across categories like fresh fruits, vegetables, groceries, home care, and packaged food.
 "Meesho integrates grocery with core application; rebrands Farmiso")
FRL making a mockery of Indian courts, says Amazon in SC submission
Accuses the Kishore Biyani-led retailer of making false statements before courts, including SC, about its $3.4 billion asset deal with Reliance Industries
 "FRL making a mockery of Indian courts, says Amazon in SC submission")
Edtech unicorns go hybrid to tap India's $180 billion education sector
Innovations and strategies in the works to build offline presence
 "Edtech unicorns go hybrid to tap India's $180 billion education sector")
udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market
Grocery needs supply chain of fulfillment centres or hubs in an area or region, and several small branches serviced from those centres; it is this challenge udaan is meeting
 "udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market")
Multiples PE leads $111-mn funding round in Kogta Financial
Kogta focuses on the large and underserved used vehicle finance market and MSME loans
 "Multiples PE leads $111-mn funding round in Kogta Financial")
'Rapid digital adoption, more capital flow leading to tech talent crunch'
The findings were made by Scaler, which released annual 'Hiring Trends Report 2022', capturing the current hiring trends and demands of the Indian IT industry
 "'Rapid digital adoption, more capital flow leading to tech talent crunch'")
Microsoft to empower Indian startups from idea to unicorn with new platform
The platform offers over $300,000 worth of benefits and credits, giving startups free access to the technology, tools, and resources they need to build and run their business
 "Microsoft to empower Indian startups from idea to unicorn with new platform")
Edtech firm Vedantu launches platform for immersive live learning
W.A.V.E 2.0 technology measures more than 100 parameters using artificial intelligence and machine learning.
 "Edtech firm Vedantu launches platform for immersive live learning")
D2C business enabler Instamojo reports revenue growth from online stores
Contribution jumped from 2% to 20% in one year after the launch of the beta version, says start-up.
 "D2C business enabler Instamojo reports revenue growth from online stores")
Builder.ai raises $100 mn in Series C round to scale up AI capabilities
Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all
 "Builder.ai raises $100 mn in Series C round to scale up AI capabilities")
SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist
The double gold medallist from IIT Delhi Mukherjee has held leadership roles at ShareChat, Hike and Myntra
 "SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist")
Tech firms translate heartbeats on phones, use AI to boost maternal health
Today one can monitor and blood glucose on smartphones, Using AI, one can address shortage of expertise in reading ultrasounds to allow for healthier pregnancies and better outcomes for moms & babies
 "Tech firms translate heartbeats on phones, use AI to boost maternal health")
LambdaTest closes $45 million in a venture round led by Premji Invest
Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year
 "LambdaTest closes $45 million in a venture round led by Premji Invest")