 "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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Byju's strengthens tech leadership; hires ex-Amazon and former Adobe execs
With two new appointments, the firm will further enhance its learning products, solutions, and experiences to help students take to learning more easily
 "Byju's strengthens tech leadership; hires ex-Amazon and former Adobe execs")
New innovative edtech startups likely to bloom amid pandemic: Experts
Also, with offline schools and colleges opening up, learning will now evolve to a more nuanced blended delivery model with a mix of online and offline
 "New innovative edtech startups likely to bloom amid pandemic: Experts")
B2B sales intelligence firm Apollo.io raises $110 mn in Sequoia-led round
The platform helps over one million professionals across 160,000 companies automate their sales processes
 "B2B sales intelligence firm Apollo.io raises $110 mn in Sequoia-led round")
Kid-focused pocket money fintech Junio raises $6 mn in pre-Series A round
UAE-based firm NB Ventures leads investment; The startup will use the capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives
 "Kid-focused pocket money fintech Junio raises $6 mn in pre-Series A round")
Amazon once again proposes dialogue with Future Group to end legal battles
The Supreme Court has given both parties until March 15 to explore a settlement through negotiations.
 "Amazon once again proposes dialogue with Future Group to end legal battles")
CCI cannot question pleadings of a party before a court: Amazon tells NCLAT
The US e-commerce giant made this argument related to CCI's show-cause notice issued to it in June last year
Urban Company announces Rs 150 crore Partner Stock Ownership Plan
Company will set up evergreen trust to manage the PSOP and award stocks over 5-7 years at near zero cost to service partners
 "Urban Company announces Rs 150 crore Partner Stock Ownership Plan")
How Indegene helps global pharma cos develop drugs faster amid Covid
Indegene uses AI and ML, and medical data mining to speed up digital transformation at top life sciences organisations
 "How Indegene helps global pharma cos develop drugs faster amid Covid")
Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others
Volopay has amassed a clientele with the likes of CoinDCX, Livspace, MPL, InVideo, and MX Media.
 "Volopay raises $29 mn from Winklevoss twins, JAM Fund, and others")
Premium men's lifestyle brand DaMENSCH raises Rs 122.5 cr in funding
Currently, the portfolio of DaMENSCH has 200 plus stock-keeping units (SKUs) listed across more than 15 categories and has made more than 10 M shipments to over 10,000 pin codes across the country.
 "Premium men's lifestyle brand DaMENSCH raises Rs 122.5 cr in funding")
We're building single shopping place for next billion consumers: Meesho CXO
Orders have grown 13x since July 2021, pet supplies, stationery among new categories added. Next up: musical instruments, industrial supplies, books, video games
 "We're building single shopping place for next billion consumers: Meesho CXO")
Mobile Premier League (MPL) makes inroads into Europe, partners GameDuell
Mobile Premier League (MPL) joined hands with GameDuell, one of the most experienced games studios headquartered in Berlin in Germany.
 "Mobile Premier League (MPL) makes inroads into Europe, partners GameDuell")
Accenture launches Women Founders Program in India for nascent B2B startups
Registrations for the programme are currently open to businesses that have at least one woman founder and are focused on advanced technologies such AI, IoT and cloud
 "Accenture launches Women Founders Program in India for nascent B2B startups")
Prime Venture Partners' Fund IV closes at $120 million
It will invest in disruptive technology companies across fintech, edtech, healthtech, consumer internet and Global SaaS.
 "Prime Venture Partners' Fund IV closes at $120 million")
Myntra has a big opportunity for democratising fashion through tech: CEO
Company has forayed into social commerce and has been pioneering the next wave of fashion-tech concepts, said Nandita Sinha
 "Myntra has a big opportunity for democratising fashion through tech: CEO")
Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help
Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media
 "Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help")
Gaming startup Zupee forms strategic partnership with Reliance Jio
This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users
 "Gaming startup Zupee forms strategic partnership with Reliance Jio")
Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared
Deal value not disclosed; Linear Squared is a cloud-based tech company specialised in building demand planning and forecasting products for CPG, grocery retail industry and other industries
 "Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared")
Udaan raises $250 mn via convertible note and debt, plans IPO in 18 months
Udaan achieved a valuation of $3.1 bn during its last round of funding of $280 mn in January 2021 from existing and new investors
 "Udaan raises $250 mn via convertible note and debt, plans IPO in 18 months")
Bombay Shaving Company raises Rs 160 crore from multiple sources
The hair removal brand plans to launch in international markets such as: US, Europe, GCC and Australia.
 "Bombay Shaving Company raises Rs 160 crore from multiple sources")