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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.
This marks one of the largest cash exits for a direct-to-consumer startup in the women's health and well-being space
The e-commerce firm onboarded over 1.5 million new customers, with over 80 per cent coming from non-metros
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
The ride-hailing firm's India based tech Tech Teams transform 85% of app localisation process to touchless
Since 2013, Amazon has invested around $6.5 billion in the e-commerce business in India
This festive season, customers embraced self-care and home improvement, leading to growth across Meesho's categories
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
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
Despite only a marginal increase in volumes, the home decor category reported an impressive 50 per cent increase in GMV over last year
The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave
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
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
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
Amazon sets up over 20 war rooms compared to about 10 last year
'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce
Amazon was the first e-commerce company to partner with Indian Railways in 2019
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
Gangadharan emphasises India's strategic importance for SAP's growth and innovation
Allows US lenders to take control of firm's American assets, primarily Byju Alpha
This year, the company has increased the hiring of women in the blue collar workforce by 24 per cent compared to BBD 2023