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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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Good Glamm Group acquires Sirona Hygiene for Rs 450 cr in all-cash deal

This marks one of the largest cash exits for a direct-to-consumer startup in the women's health and well-being space

Good Glamm Group acquires Sirona Hygiene for Rs 450 cr in all-cash deal
Updated On : 11 Oct 2024 | 12:49 AM IST

Myntra Big Fashion Festival registers record 627 million user visits

The e-commerce firm onboarded over 1.5 million new customers, with over 80 per cent coming from non-metros

Myntra Big Fashion Festival registers record 627 million user visits
Updated On : 10 Oct 2024 | 6:16 PM IST

Dozee's health monitoring tech help NRIs check on their parents remotely

Dozee, with its transformative healthcare solution, has established a presence in over 280 hospitals across India and plans to expand into international markets, including the US and Africa

Dozee's health monitoring tech help NRIs check on their parents remotely
Updated On : 09 Oct 2024 | 11:08 PM IST

Uber's India based tech team helps cut down app localisation time, costs

The ride-hailing firm's India based tech Tech Teams transform 85% of app localisation process to touchless

Uber's India based tech team helps cut down app localisation time, costs
Updated On : 09 Oct 2024 | 1:09 PM IST

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD

Since 2013, Amazon has invested around $6.5 billion in the e-commerce business in India

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD
Updated On : 07 Oct 2024 | 11:44 PM IST

Tier-IV cities boost Meesho's festive sale; total orders increase 40%

This festive season, customers embraced self-care and home improvement, leading to growth across Meesho's categories

Tier-IV cities boost Meesho's festive sale; total orders increase 40%
Updated On : 07 Oct 2024 | 7:06 PM IST

Amazon sees big spike for gold and diamond jewellery during festive season

As per current trends, customers are purchasing fine jewellery starting at Rs 2,000 for silver jewellery and up to Rs 40,000 for gold and diamond jewellery

Amazon sees big spike for gold and diamond jewellery during festive season
Updated On : 04 Oct 2024 | 8:51 PM IST

Arkam Ventures targets middle India: GenAI, space tech, EVs among key areas

Arkam believe that the biggest venture outcomes over the next 15 years are going to come from founders who are reimagining and rewriting many traditional industries

Arkam Ventures targets middle India: GenAI, space tech, EVs among key areas
Updated On : 02 Oct 2024 | 7:46 PM IST

E-commerce order volumes grow 20% in first 4 days of festive season sale

Despite only a marginal increase in volumes, the home decor category reported an impressive 50 per cent increase in GMV over last year

E-commerce order volumes grow 20% in first 4 days of festive season sale
Updated On : 01 Oct 2024 | 7:47 PM IST

E-com retailers may clock Rs 120K cr in GMV during festive sales: Redseer

The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave

E-com retailers may clock Rs 120K cr in GMV during festive sales: Redseer
Updated On : 30 Sep 2024 | 8:39 PM IST

Wakefit enters Rs 1,000 crore revenue club, returns to Ebitda profitability

The sleep solutions company records a 24 per cent jump in revenue since the last financial year and remains on track to maintain its growth trajectory

Wakefit enters Rs 1,000 crore revenue club, returns to Ebitda profitability
Updated On : 30 Sep 2024 | 5:50 PM IST

Felt like a bomb blast, say locals after blaze at Tata's Hosur plant

About 1,500 workers, mainly in the morning shift, were present at the unit when the fire erupted, according to sources. All employees were evacuated, and no casualties or injuries were reported

Felt like a bomb blast, say locals after blaze at Tata's Hosur plant
Updated On : 30 Sep 2024 | 12:20 AM IST

E-commerce firms witness huge jump in festive sales from towns, cities

Flipkart recorded 330 mn user visits during Early Access and Day 1 combined, during The Big Billion Days (TBBD) 2024 sale event. Another e-commerce firm Meesho said it achieved 100 per cent increase

E-commerce firms witness huge jump in festive sales from towns, cities
Updated On : 28 Sep 2024 | 10:45 PM IST

How's the josh at e-com war rooms as Amazon, Flipkart sales go live?

Amazon sets up over 20 war rooms compared to about 10 last year

How's the josh at e-com war rooms as Amazon, Flipkart sales go live?
Updated On : 28 Sep 2024 | 6:33 PM IST

Amazon is making its Local Shops program more robust this festive season

'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce

Amazon is making its Local Shops program more robust this festive season
Updated On : 26 Sep 2024 | 7:08 PM IST

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with Indian Railways in 2019

Amazon leverages air, rail for faster festive deliveries across India
Updated On : 26 Sep 2024 | 7:00 PM IST

AI healthcare firm Qure.ai completes $65 mn Series D funding round

The investment will expedite expansion into the US market and other geographies, increase investment into foundational AI models and enable complementary med-tech company acquisitions

AI healthcare firm Qure.ai completes $65 mn Series D funding round
Updated On : 25 Sep 2024 | 11:46 PM IST

About 40% of our global R&D workforce is in India: Sindhu Gangadharan

Gangadharan emphasises India's strategic importance for SAP's growth and innovation

About 40% of our global R&D workforce is in India: Sindhu Gangadharan
Updated On : 25 Sep 2024 | 11:28 PM IST

Edtech company Byju's in default of $1.5 bn loan, affirms Delaware SC

Allows US lenders to take control of firm's American assets, primarily Byju Alpha

Edtech company Byju's in default of $1.5 bn loan, affirms Delaware SC
Updated On : 24 Sep 2024 | 11:49 PM IST

Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD

This year, the company has increased the hiring of women in the blue collar workforce by 24 per cent compared to BBD 2023

Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD
Updated On : 24 Sep 2024 | 10:26 PM IST