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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Microsoft CEO Nadella to woo India Inc with tech to drive e-transformation
A lot has changed since then. His focused execution on enterprise cloud has driven Microsoft's market cap to grow nearly five-fold to cross the $1-trillion mark.
 "Microsoft CEO Nadella to woo India Inc with tech to drive e-transformation")
Now, Flipkart challenges India anti-trust probe after Amazon gets stay
The CCI ordered an investigation against e-commerce players last month after the Delhi Vyapar Mahasangh, a traders' body, filed a complaint against the firms' practices like giving deep discounts
 "Now, Flipkart challenges India anti-trust probe after Amazon gets stay")
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
 "Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax")
Ride-hailing firm Ola to start in London on Feb 10 with over 20,000 drivers
Will be fully operational from day one, firm aims to offer a differentiated experience with features such as 24/7 helplines for drivers and customers and in-app emergency button
 "Ride-hailing firm Ola to start in London on Feb 10 with over 20,000 drivers")
Mahindra Electric Mobility plans a global journey, unveils a new brand
The new brand is meant to give the brand a renewed thrust to achieve its global ambition of being a leading player in electric mobility technology solutions
 "Mahindra Electric Mobility plans a global journey, unveils a new brand")
TVS Motor forays into electric mobility; unveils smart scooter iQube
TVS iQube Electric is equipped with 4.4 kW electric motor to deliver both high power and efficiency with no transmission loss
 "TVS Motor forays into electric mobility; unveils smart scooter iQube")
US payments giant Mastercard invests in Indian firm Pine Labs
The market opportunity in India for installment-based payments on consumer goods will hit $16.9 billion in 2021 and is expected to jump to $52.5 billion in 2025
 "US payments giant Mastercard invests in Indian firm Pine Labs")
Scooter-sharing start-up Bounce plans expansion, eyes global foray
It is now in Bengaluru and Hyderabad, besides six smaller cities, including Mangaluru and Vijayawada. It now aims to enter Maharashtra, Gujarat, Rajasthan and the NCR
 "Scooter-sharing start-up Bounce plans expansion, eyes global foray")
PhonePe expands into financial services, launches int'l travel insurance
PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.
 "PhonePe expands into financial services, launches int'l travel insurance")
PhonePe launches digital ATM, users can withdraw cash from merchant shops
PhonePe said there will not be any charges for customers or merchants to avail of this service
After scorching start, Oyo looks to get its business basics right
The firm is said to be firing 2,400 employees, or 20 per cent of its workforce in India, mainly in sales and business development
 "After scorching start, Oyo looks to get its business basics right")
Amazon plans to create one million new jobs in India by 2025: Jeff Bezos
Hiring talent would fill roles across Amazon in India, including software development engineering, cloud computing, content creation, and customer support
 "Amazon plans to create one million new jobs in India by 2025: Jeff Bezos")
Food delivery app Zomato raises Rs 353 crore from Antfin Singapore
This money will help the firm compete with firms like Swiggy, Uber Eats in the delivery space
 "Food delivery app Zomato raises Rs 353 crore from Antfin Singapore")
Field service automation start-up Zinier raises $90 million funding
The funding would help it to transform field service workforces with artificial intelligence-driven automation
 "Field service automation start-up Zinier raises $90 million funding")
Walmart's PhonePe dives deeper into Indian financial services market
The start-up says Liquid Fund will allow its users to earn higher returns on savings with the ability to withdraw their money instantly 24x7
How supply chain firm Ninjacart is connecting farmers, retailers using tech
Ninjacart connects through a network of more than 200 collection centres and 1,200 warehouses across the country
 "How supply chain firm Ninjacart is connecting farmers, retailers using tech")
Personal care startup Mamaearth raises Rs 130 cr led by Sequoia
The funds will also be used to launch more brands under the Honasa Consumer Pvt Ltd
 "Personal care startup Mamaearth raises Rs 130 cr led by Sequoia")
Walmart's Flipkart unveils new payment solution for frictionless shopping
The e-commerce company has unveiled Visa Safe Click (VSC), powered by Visa, which eliminates the need for OTP and points of friction, such as cart abandonment, connectivity and incorrect passwords
 "Walmart's Flipkart unveils new payment solution for frictionless shopping")
SoftBank-backed Findability needs 100k citizen data scientists from India
Founder and CEO Anand Mahurkar said the company is expanding its operations in India and aiming to attract citizen data scientists to build various applications on the AI platform
 "SoftBank-backed Findability needs 100k citizen data scientists from India")
After metro, Bounce's scooters to be available at railway stations
The firm has won a competitive bid to provide its dockless scooter-sharing service at the railway stations in Karnataka making it the first such startups to win such a deal
 "After metro, Bounce's scooters to be available at railway stations")