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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Indian GCCs shaped our global tech road map: Sabre CEO Kurt Ekert
Sabre's India GCC plays a central role in building AI-based forecasting, pricing, and retail platforms that power travel innovation for global airlines and hotels
 "Indian GCCs shaped our global tech road map: Sabre CEO Kurt Ekert")
Fuze raises $12.2 mn from Galaxy, e& Capital to power digital assets infra
Company will use investment to expand business, product innovation and hiring
 "Fuze raises $12.2 mn from Galaxy, e& Capital to power digital assets infra")
Backing founders building from India for the world: Pearl Agarwal
The pre-seed venture firm is sharpening its investment strategy around emerging AI applications across enterprise software, automation, and industrial analytics
 "Backing founders building from India for the world: Pearl Agarwal")
Househelp in 10 minutes? Q-com model to the rescue for domestic chores
The instant househelp service offers a way to formalisation in the sector, the second highest employer after agriculture, by providing skills, insurance, and guaranteed pay
 "Househelp in 10 minutes? Q-com model to the rescue for domestic chores")
Deloitte gives clean audit opinion on VerSe Innovation's FY24 financials
VerSe Innovation said Deloitte identified weaknesses in internal controls but confirmed the issues did not affect its opinion on the company's consolidated financial statements
 "Deloitte gives clean audit opinion on VerSe Innovation's FY24 financials")
Startup leaders meet Piyush Goyal to discuss innovation, ecosystem growth
Top founders pushed for reforms to attract global talent, boost deeptech, drive investment, steps to ease business operations-including the process of "flipping" companies back to India from overseas
 "Startup leaders meet Piyush Goyal to discuss innovation, ecosystem growth")
Ahead of listing, Ather Energy bullish on driving past rivals in e2W market
The electric scooter maker cited nine-month performance as proof of strength amid rising EV competition
 "Ahead of listing, Ather Energy bullish on driving past rivals in e2W market")
Meesho hits $6.2 bn GMV run rate, to grow 26% annually till FY31: CLSA
Meesho's gains come as incumbent players such as Flipkart and Amazon have seen slight declines in market share, according to the CLSA report
 "Meesho hits $6.2 bn GMV run rate, to grow 26% annually till FY31: CLSA")
Nextiva opens India centre to power AI, customer experience growth
Nextiva launches its biggest facility outside US in Bengaluru
 "Nextiva opens India centre to power AI, customer experience growth")
CARS24 acquires Team-BHP, aims to strengthen India's automotive community
CARS24's involvement is focused on strengthening Team-BHP's product, technology and AI capabilities to improve the experience of its readers and community members
 "CARS24 acquires Team-BHP, aims to strengthen India's automotive community")
Flipkart plans India IPO next year, targets up to $70 billion valuation
The Walmart-owned company has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing
 "Flipkart plans India IPO next year, targets up to $70 billion valuation")
From warehouses to local stores: Ola Electric shifts gear amid row
In addition to cost savings, these changes have resulted in reducing average vehicle inventory from 35 to 20 days, and reducing delivery time for customers from 12 days to 4 days
 "From warehouses to local stores: Ola Electric shifts gear amid row")
IPO-bound Flipkart plans to shift holding company from Singapore to India
Speaking on the development, a Flipkart spokesperson on Monday night said the strategic decision reflects the company's deep and unwavering commitment to India and its remarkable growth
 "IPO-bound Flipkart plans to shift holding company from Singapore to India")
IntrCity SmartBus eyes Rs 1K cr turnover after posting strong FY25 growth
Targets to serve 1 million monthly travellers by 2027 and expand the network with 500 new SmartBus to join the fleet in the next 2 years
 "IntrCity SmartBus eyes Rs 1K cr turnover after posting strong FY25 growth")
PhonePe's Pincode app starts 24x7 medicine delivery in three cities
Pincode app is transforming the online pharmacy sector through exclusive partnerships with local medical shops, rather than utilising dark stores
 "PhonePe's Pincode app starts 24x7 medicine delivery in three cities")
Sebi investigation into BluSmart likely to slow Uber's EV push in India
Uber's EV ambitions in India are focused on accelerating the shift to zero-emission mobility, with a goal of electrifying every ride on its platform by 2040
Flipkart ends WFH policy, asks staff to be in office 5 days a week
Company adopted remote work at the onset of Covid-19 in 2020, ends practice as it preps for IPO
Magma raises $5 million Series A led by Capria to scale B2B solutions
The company has been operationally profitable since inception and is currently growing at a Rs 250 crore revenue run rate
 "Magma raises $5 million Series A led by Capria to scale B2B solutions")
Tighter norms, rising compliance failures driving scrutiny for startups
Jaggi brothers case spotlights rising governance issues in startup ecosystem
 "Tighter norms, rising compliance failures driving scrutiny for startups")
Zeta bets on modern code to rewrite $300 bn banking software market
The aim is to tackle a long-standing issue: core banking systems remain outdated, built on decades-old mainframes and COBOL code
 "Zeta bets on modern code to rewrite $300 bn banking software market")
