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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Flipkart-backed Shadowfax Technologies files for Rs 2,500 crore IPO
Shadowfax aims for Rs 8,500 crore valuation after reducing losses by 92 per cent; IPO proceeds to fund capacity expansion and network investments
 "Flipkart-backed Shadowfax Technologies files for Rs 2,500 crore IPO")
Cloud kitchen operator Curefoods' investors rush for exits ahead of IPO
Curefoods files for ₹800 crore IPO with investor exits led by Iron Pillar and Accel, even as the firm shows revenue growth and plans brand expansion
 "Cloud kitchen operator Curefoods' investors rush for exits ahead of IPO")
Aukera raises $15 million to expand lab-grown diamond jewellery brand
With $15 million from Peak XV and others, Aukera plans to grow its lab-grown diamond brand as India's $350 mn market sees 15 per cent annual growth
 "Aukera raises $15 million to expand lab-grown diamond jewellery brand")
Eggoz raises $20 mn in series-C funding to scale India's branded egg biz
Startup targets fragmented market where over 90 per cent of eggs are sold loose, seeking to build consumer trust through quality and traceability
 "Eggoz raises $20 mn in series-C funding to scale India's branded egg biz")
Dubai taps Indian talent as it races to be global AI capital by 2031
As part of its goal to become the AI capital by 2031, Dubai is inviting Indian startups, entrepreneurs and professionals to accelerate its digital and tech transformation
 "Dubai taps Indian talent as it races to be global AI capital by 2031")
Startups use AI, omnichannel push to expand globally, reach deeper locally
A report by Meta in collaboration with Alvarez & Marsal India outlines six key strategies fueling scale, as young firms expand globally and deepen domestic reach
 "Startups use AI, omnichannel push to expand globally, reach deeper locally")
Wakefit to raise ₹468 crore via IPO; plans to expand Coco stores
Wakefit plans to raise Rs 468.2 crore via IPO, with a fresh issue and partial exit by promoters and investors as it expands store network and marketing efforts
 "Wakefit to raise ₹468 crore via IPO; plans to expand Coco stores")
AI-startup ShopOS raises $20 million from Binny Bansal-led 3STATE Ventures
The AI-powered platform plans to use the capital to grow its engineering team, enhance product development, and expand its global base of e-commerce brand partners
 "AI-startup ShopOS raises $20 million from Binny Bansal-led 3STATE Ventures")
Amazon adds five fulfillment centres in India ahead of Prime Day
With Prime Day 2025 set for 12-14 July, Amazon expands logistics with new fulfilment centres; Flipkart launches seller success programme for new entrepreneurs
 "Amazon adds five fulfillment centres in India ahead of Prime Day")
Amazon's anti-counterfeit team secures $180 mn in global penalties
Launched in 2020, Amazon's Counterfeit Crimes Unit has expanded to 12 countries, blocked fake listings, and led to civil and criminal actions with global law enforcement
India's digital economy is primed for significant expansion: Bessemer
Titled "Click, Watch, Shop: The Consumer Opportunity in India," the report outlines how a convergence of technological advances, demographic shifts, and favorable policy developments
 "India's digital economy is primed for significant expansion: Bessemer")
Data sharing platform Equal named among WEF's top 100 global tech pioneers
The fintech startup has been recognised by the World Economic Forum for its secure, consent-based infrastructure powering KYC and data sharing across financial services
 "Data sharing platform Equal named among WEF's top 100 global tech pioneers")
AI is reshaping India's VC landscape as firms automate deal sourcing
Machine learning tools help investors identify promising startups from rural areas and smaller cities, challenging traditional network-based investment approaches across the country
 "AI is reshaping India's VC landscape as firms automate deal sourcing")
Amazon India extends Prime Day to 3 days as it pushes into smaller cities
Amazon India expands Prime Day 2025 to three days, boosts logistics and delivery to deepen Prime adoption in smaller cities and tap rising quick-commerce demand
 "Amazon India extends Prime Day to 3 days as it pushes into smaller cities")
Fast and now under fire: Quick-commerce firms face heat from regulators
According to a report by Blume Ventures, an early-stage venture fund, India's qcom market surged from $300 million in FY22 to an expected $7.1 billion in FY25
 "Fast and now under fire: Quick-commerce firms face heat from regulators")
Amazon India extends Prime Day to 3 days as it pushes into smaller cities
Amazon India expands Prime Day 2025 to three days, boosts logistics and delivery to deepen Prime adoption in smaller cities and tap rising quick-commerce demand
Startup Fabheads raises $10 mn to automate composite manufacturing
Accel leads Series A as Fabheads aims to modernise carbon fibre production; eyes aerospace and clean energy sectors
 "Startup Fabheads raises $10 mn to automate composite manufacturing")
Amazon enters India's $15 bn diagnostics market with at-home testing
Amazon enters India's $15 bn diagnostics sector with at-home test collection, digital reports and integrated health services through Amazon Medical across six cities
 "Amazon enters India's $15 bn diagnostics market with at-home testing")
Krutrim acquires BharatSah'AI'yak to expand AI footprint in public sector
The Bhavish Aggarwal-led startup integrates Samagra's AI platform and team to expand vernacular, government-focused AI tools across education, agriculture, and citizen services
 "Krutrim acquires BharatSah'AI'yak to expand AI footprint in public sector")
'Much-needed relief': Startups on Sebi reforms relaxing ESOP norms
The ease in norms from the Securities and Exchange Board of India (Sebi) comes at a time when multiple Indian startups such as PhonePe, Zepto, Pine Labs
 "'Much-needed relief': Startups on Sebi reforms relaxing ESOP norms")
