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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Startup coalition builds IPO runway for 40 firms eyeing $90 bn market
Startup Policy Forum launches Centre for New-Age Public Companies to guide tech firms through IPOs as India's markets attract listings worth over $90 billion
 "Startup coalition builds IPO runway for 40 firms eyeing $90 bn market")
60% users say e-commerce platforms block negative reviews: Survey
As India nears 900 million internet users, e-commerce platforms face scrutiny over fake or censored reviews, with calls for mandatory government enforcement of BIS standards
 "60% users say e-commerce platforms block negative reviews: Survey")
QpiAI raises $32 million from Avataar, NQM to build quantum computers
Bengaluru-based QpiAI raises $32 million to build utility-scale quantum systems as India pushes ahead in emerging technologies through public and private backing
 "QpiAI raises $32 million from Avataar, NQM to build quantum computers")
Swiggy launches high-protein food category across 30 cities in India
Food-delivery platform launches curated section with over 500,000 protein-rich dishes from 35,000 restaurants as India faces widespread protein deficiency
 "Swiggy launches high-protein food category across 30 cities in India")
Trupeer raises $3 mn to automate video production for software teams
Backed by RTP Global and Salesforce Ventures, Trupeer uses AI to turn screen recordings into polished demos, helping teams scale content without video skills
 "Trupeer raises $3 mn to automate video production for software teams")
Ola Electric Mobility Q1 results: Loss widens 23%, revenue falls 50%
Revenue from operations slumped nearly 50 per cent to ₹828 crore, down from ₹1,644 crore a year ago
 "Ola Electric Mobility Q1 results: Loss widens 23%, revenue falls 50%")
Flipkart offers $50 million stock buyback to employees ahead of planned IPO
Walmart-owned Flipkart is offering a $50 million stock buyback to employees, signaling confidence in its upcoming IPO and promising an additional liquidity event if performance targets are met
 "Flipkart offers $50 million stock buyback to employees ahead of planned IPO")
Google focuses on India's farms and languages in new AI initiatives
Google unveils open-source AI initiatives targeting India's agriculture and linguistic diversity, aiming to enhance farming productivity and cultural representation in AI models, boosting partnerships
 "Google focuses on India's farms and languages in new AI initiatives")
India's quick commerce market seen tripling to ₹2 trillion by FY28
India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf
 "India's quick commerce market seen tripling to ₹2 trillion by FY28")
AI-powered scams target Prime Day 2025 shoppers as online fraud surges
Scammers use AI to create fake Amazon sites and impersonation texts during Prime Day, with 96 per cent of Indians shopping online and concern growing over fraud
 "AI-powered scams target Prime Day 2025 shoppers as online fraud surges")
Khetika bets big on clean-label food chain, looks to expand to 40 cities
The company has raised $18 million to expand tech-enabled farming platform that connects smallholders directly to consumers seeking chemical-free staples
 "Khetika bets big on clean-label food chain, looks to expand to 40 cities")
Ola Electric unveils update of operating system to boost fleet performance
India's largest e2W-maker launches MoveOS 5 with enhanced range and customisation features as it battles rivals, including Ather and Bajaj Auto
 "Ola Electric unveils update of operating system to boost fleet performance")
Amazon banks on India's smaller cities ahead of first 3-day Prime Day sale
With a Rs 2,000 crore investment, Amazon targets smaller cities, expanding its fulfillment and delivery network to fuel growth, as it prepares for its first three-day Prime Day sale from July 12-14
 "Amazon banks on India's smaller cities ahead of first 3-day Prime Day sale")
Flipkart takes quick commerce beyond metros, aims for 800 dark stores
Company targets tier-2 and tier-3 cities with its Flipkart Minutes service, doubling business every 45 days and aiming to scale up before festive season
 "Flipkart takes quick commerce beyond metros, aims for 800 dark stores")
Aakash Educational escalates tussle with EY over professional misconduct
Indian test-prep company claims consulting giant advised rival Allen Career Institute while handling its own financial affairs and Byju's insolvency case
 "Aakash Educational escalates tussle with EY over professional misconduct")
Visioning expansion: IPO-bound Lenskart sets sights on AI glasses
The investment gives Lenskart access to Ajna's XR and AI tech as it plans to launch consumer-focused smart eyewear and raise $1 billion at a $10 billion valuation
 "Visioning expansion: IPO-bound Lenskart sets sights on AI glasses")
Myntra bets on video content to tap into India's $300 bn influencer economy
Walmart-owned Myntra launches Glamstream, a video-led platform featuring 100+ celebrities, aiming to double creator-led revenue within two years and tap into India's $300bn influencer-driven economy
 "Myntra bets on video content to tap into India's $300 bn influencer economy")
E-commerce firm Meesho files confidentially for Rs 4,250 crore India IPO
The move comes as Meesho has emerged as India's third-largest ecommerce platform, reaching a gross merchandise value run rate of $6.2 billion for 2024-25 (FY25)
 "E-commerce firm Meesho files confidentially for Rs 4,250 crore India IPO")
Beauty unicorn Good Glamm Group struggles to pay staff amid cash crunch
The Mumbai-based company has delayed employee salaries while seeking new funding, as three board directors from major VCs recently departed
 "Beauty unicorn Good Glamm Group struggles to pay staff amid cash crunch")
Amazon India's Prime Day returns on July 12-14 with 72-hour mega sale
Amazon Prime Day 2025 will run from July 12 to 14 with offers on electronics, fashion, appliances and more as the e-tailer pushes for expansion in non-metro regions
