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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Paytm E-commerce reports net loss of Rs 1,171 crore, revenues jump by 25%
The company is integrating its offline merchant base with international sellers on a single platform in a bid to take on the competition such as Amazon and Flipkart
 "Paytm E-commerce reports net loss of Rs 1,171 crore, revenues jump by 25%")
Facebook plans to tap start-ups, small and medium businesses in India
Facebook aimed to enable the growth of small and medium businesses and entrepreneurship in the country
 "Facebook plans to tap start-ups, small and medium businesses in India")
CCI approves Hyundai and Kia's acquisition of shareholding in Ola
In March this year, Hyundai and Kia had said they would invest $300 million in Bengaluru-based Ola
 "CCI approves Hyundai and Kia's acquisition of shareholding in Ola")
Venture capital firm Jungle Ventures raises $240 million for third fund
Jungle is scouting for companies in India which have an opportunity to scale their business into Southeast Asia and globally
 "Venture capital firm Jungle Ventures raises $240 million for third fund")
E-commerce battle: Amazon to pump Rs 4,470 cr in India to take on Flipkart
The funding will help the US e-tailer take on Flipkart as well as competition from the yet-to-be-launched e-com business of RIL
 "E-commerce battle: Amazon to pump Rs 4,470 cr in India to take on Flipkart")
OnePlus dials into Bharat, says getting huge response from cities and towns
The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year
 "OnePlus dials into Bharat, says getting huge response from cities and towns")
Ola bets big on food biz, to launch portfolio of in-house food brands
Ola's food business will focus on becoming a food-first company with a massive kitchen infrastructure and a slew of brands
 "Ola bets big on food biz, to launch portfolio of in-house food brands")
Home security tech startup MyGate raises Rs 400 cr in series B funding
The firm processes over 60,000 requests per minute and facilitates over 45 million check-in requests every month to help apartments manage visitors, including guests, as well as deliveries and cabs
 "Home security tech startup MyGate raises Rs 400 cr in series B funding")
How Google is supporting young Indian firms with Launchpad programme
Wysa, an AI-based chat therapy platform for mental health, has an "emotionally intelligent" bot that acts as a virtual coach and responds to the users' emotions
 "How Google is supporting young Indian firms with Launchpad programme")
AI firm CleverTap raises $35 mn in funding round led by Tiger Global
Funds will be used to fuel team growth across engineering, sales, and marketing across the US, Latin America, Europe, and Asia
 "AI firm CleverTap raises $35 mn in funding round led by Tiger Global")
Flipkart forays into original video content, takes on Amazon and Netflix
Integrated within the Flipkart Video platform, launched in August, Flipkart Video Originals will be produced by well-known industry figures
 "Flipkart forays into original video content, takes on Amazon and Netflix")
Flipkart appoints Jeyandran Venugopal chief product and technology officer
Venugopal will provide strategic leadership to the organisation and define the technology vision for the company with a specific focus on building future capabilities across product and engineering
 "Flipkart appoints Jeyandran Venugopal chief product and technology officer")
E-commerce firm Shopmatic buys CombineSell for an undisclosed amount
Shopmatic had previously acquired a 50.1% stake in retail management and point of sale solution provider Octopus
 "E-commerce firm Shopmatic buys CombineSell for an undisclosed amount")
Ola enters two more UK cities as battle with archrival Uber deepens
The ride-hailing firm has launched services in Coventry and Warwick, is the only app that can be used by both black cabs and Private Hire Vehicles in these cities
A slew of alternative ride services to make sure you get to office on time
Start-ups like Quick Ride, GetToWork and Bounce are coming out with innovative solutions to provide office-goers with cost effective alternatives
 "A slew of alternative ride services to make sure you get to office on time")
Festive sale: Tier-II, III cities drive big biz for Flipkart and Amazon
Affordability constructs were a big hit. There was over 2X adoption in the 'product exchange' construct for mobiles and laptops, according to Flipkart
 "Festive sale: Tier-II, III cities drive big biz for Flipkart and Amazon")
E-commerce majors Flipkart and Amazon clock bumper sale on Day One
Flipkart saw 2x more sale; for Amazon, it was the biggest-ever in a single day
 "E-commerce majors Flipkart and Amazon clock bumper sale on Day One")
From Dabur India to Flipkart, companies try to wean off plastics
Dabur is working with nearly 5,000 ragpickers to collect plastic waste, besides recycling PET waste to make T-shirts and other products that can used in internal events
 "From Dabur India to Flipkart, companies try to wean off plastics")
Free meals, little rest: Amazon, Flipkart HQ turn war rooms for mega sale
War rooms of the two e-commerce giants are buzzing as they prepare for the big battle on Sunday
 "Free meals, little rest: Amazon, Flipkart HQ turn war rooms for mega sale")
We have not seen any big impact of slowdown on anything: Flipkart Group CEO
The number of brands and merchants and ecosystem players, who are participating in the festival season this year, has gone up several times, says Kalyan Krishnamurthy
 "We have not seen any big impact of slowdown on anything: Flipkart Group CEO")