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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Byju's announced as an official sponsor of FIFA World Cup Qatar 2022
Byju Raveendran, Byju's founder, and CEO, said the company is excited to be sponsoring the FIFA World Cup Qatar 2022, the biggest single-sport event in the world.
 "Byju's announced as an official sponsor of FIFA World Cup Qatar 2022")
Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha
The new entity, which will be a wholly-owned subsidiary of Byju's in Qatar, will introduce Byju's personalised and innovative learning offerings to the region
 "Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha")
Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report
'E-commerce, consumer platforms, and IT services sectors were favorites among investors, recording 56% of total deal value in 2021,' says 'India Investments Pulse' report by Praxis Global Alliance
 "Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report")
Spacetech startup Pixxel raises $25-mn funding led by Radical Venture
The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
 "Spacetech startup Pixxel raises $25-mn funding led by Radical Venture")
upGrad says study-abroad unit set to become largest player in South Asia
Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.
 "upGrad says study-abroad unit set to become largest player in South Asia")
Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn
Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods started its journey with Faasos in Pune
 "Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn")
Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer
Relaxation in rules governing degrees, supply-side capacity gap will be key drivers of this growth, going forward
 "Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer")
BabyChakra acquires Tinystep to build India's largest mother-baby platform
Deal, whose value wasn't disclosed, will allow BabyChakra to expand regional footprint with a platform covering 9 languages
 "BabyChakra acquires Tinystep to build India's largest mother-baby platform")
Meesho launches integrated e-commerce app for buyers and sellers on Android
Sellers, in particular, can expect a superior e-commerce experience with access to multiple features on the app, which were earlier present only on the web versions
 "Meesho launches integrated e-commerce app for buyers and sellers on Android")
Stanza Living secures $57 mn debt financing from Kotak Mahindra Bank, RBL
With an inventory of more than 75,000 beds, Stanza Living is the managed accommodation provider of choice for students and working professionals migrating to 23 cities across the country
 "Stanza Living secures $57 mn debt financing from Kotak Mahindra Bank, RBL")
Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners
The fresh capital is expected to add momentum to Plum's gameplan of further strengthening its omni-channel presence, building new categories and enhancing R&D capabilities
 "Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners")
Rage Coffee onboards Virat Kohli as investor and brand ambassador
Rage Coffee is planning to expand its online presence and offline footprint Pan-India and will utilise the fresh capital for marketing and distribution purposes
 "Rage Coffee onboards Virat Kohli as investor and brand ambassador")
Tech firm MFine helps people monitor blood pressure, glucose on smartphones
MFine has democratised health care at home by bringing these solutions on to devices that are more ubiquitous and affordable than wearables
 "Tech firm MFine helps people monitor blood pressure, glucose on smartphones")
95% workers want digital skills to adapt to job changes due to Covid: Study
But less than half the organisations have training plan in place, says report prepared by AlphaBeta and commissioned by AWS
 "95% workers want digital skills to adapt to job changes due to Covid: Study")
Vedantu appoints former Reliance, Google executive as chief growth officer
Rungta is a seasoned leader with strong management experience across consumer internet, technology, and SaaS organisations
 "Vedantu appoints former Reliance, Google executive as chief growth officer")
PhonePe acquires GigIndia, top network for freelance micro-entrepreneurs
Transaction value not disclosed; GigIndia to bring 1.5 million entrepreneurs and over 100 enterprises on its platform as part of its integration with PhonePe under the deal
 "PhonePe acquires GigIndia, top network for freelance micro-entrepreneurs")
Bizongo buys Clean Slate Tech, aims to help 100 factories adopt IoT by 2023
Deal size not revealed; Clean Slate team to join acquirer
 "Bizongo buys Clean Slate Tech, aims to help 100 factories adopt IoT by 2023")
SoftBank-backed Ola Electric invests in Israeli battery tech firm StoreDot
It's the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing and new energy systems
 "SoftBank-backed Ola Electric invests in Israeli battery tech firm StoreDot")
Amazon scales up efforts to increase its women workforce in India
Putts spotlight on women staff, associates, partners who have fought societal, cultural, disability and economic barriers and are also redefining role of a woman in fast-paced e-commerce sector
 "Amazon scales up efforts to increase its women workforce in India")
Online shopping platforms witnessing blockbuster Holi festival sales
E-commerce giant Amazon is also tapping into customers' Holi buying spree
 "Online shopping platforms witnessing blockbuster Holi festival sales")