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.
Page 37 - Peerzada Abrar/undefined
Serial entrepreneur Suman Gandham launches AI-mobility company Dacio
He aims to make India's roads safer by harnessing the power of artificial intelligence and machine learning technologies
 "Serial entrepreneur Suman Gandham launches AI-mobility company Dacio")
Shopsy intensifies efforts to tap millions of shoppers in rural India
The primary focus is on the Bharat consumer, particularly households with an annual income of less than Rs 10 lakh
 "Shopsy intensifies efforts to tap millions of shoppers in rural India")
GenAI helped reduce customer support chat costs by 90%: Meesho CTO Barnwal
We continue to be the most downloaded shopping app for two to three consecutive years, he says
 "GenAI helped reduce customer support chat costs by 90%: Meesho CTO Barnwal")
Competitors unfazed by Flipkart's 10-minute delivery service foray
Execs at rival players say they'll be concerned only after the e-commerce giant succeeds in this space
 "Competitors unfazed by Flipkart's 10-minute delivery service foray")
Amazon India head Manish Tiwary resigns, plans to join another company
Tiwary will continue with Amazon until October to help ensure a smooth transition
 "Amazon India head Manish Tiwary resigns, plans to join another company")
Flipkart's 10-min quick commerce service 'Minutes' goes live in Bengaluru
The service has been launched across areas such as HSR Layout, Gunjur, Bellandur, and Kadubeesanahalli
 "Flipkart's 10-min quick commerce service 'Minutes' goes live in Bengaluru")
Swiggy Instamart appoints Sairam Krishnamurthy as chief operating officer
Krishnamurthy's appointment follows a series of senior hires at the quick commerce platform
 "Swiggy Instamart appoints Sairam Krishnamurthy as chief operating officer")
ShareChat expands its convertible debentures round to $65 million
The additional funds will be invested in company's advertising tech stack
 "ShareChat expands its convertible debentures round to $65 million")
Myntra CEO Sinha gets additional responsibility to lead Flipkart Fashion
Arief Mohamad, the vice president and head of Flipkart Fashion, is leaving the e-commerce company after spending nine years at the firm, according to sources
 "Myntra CEO Sinha gets additional responsibility to lead Flipkart Fashion")
Byju Raveendran takes charge of Byju's as NCLAT accepts BCCI settlement
The NCLAT noted that "money being offered by the largest shareholder and former promoter (Riju Raveendran) has nothing to do with the US lenders, which gives the court power to rule"
 "Byju Raveendran takes charge of Byju's as NCLAT accepts BCCI settlement")
Meesho strengthens board with appointment of four independent directors
Meesho's new board members are expected to play a key role in advancing its strategic goals
 "Meesho strengthens board with appointment of four independent directors")
Ola Electric's $734 million IPO to fetch nearly $100 mn to Hyundai Motor
Hyundai Motor Company's 108.8 million equity shares or 2.95% stake is valued at $99 million at the highest price band of Rs 76 per share
 "Ola Electric's $734 million IPO to fetch nearly $100 mn to Hyundai Motor")
Money paid to BCCI is 'clean money', Riju Raveendran tells NCLAT
Formation of committee of creditors stayed till August 2
 "Money paid to BCCI is 'clean money', Riju Raveendran tells NCLAT")
NCLAT defers edtech major Byju's, BCCI settlement after lender alert
Raveendran's brother had made part-payment on Tuesday
 "NCLAT defers edtech major Byju's, BCCI settlement after lender alert")
Ola Electric to focus sharply on two-wheelers, cars not on agenda
The country's largest electric two-wheeler player is going for the biggest IPO of the year so far, aiming to raise Rs 6,146 crore
 "Ola Electric to focus sharply on two-wheelers, cars not on agenda")
Gnani.ai on a mission to enhance customer experience using voice-first AI
Gnani.ai was founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, after multiple years of experience of scaling tech businesses at Texas Instruments, IBM and Aricent
 "Gnani.ai on a mission to enhance customer experience using voice-first AI")
BCCI in discussion with Byju's to settle dispute related to unpaid dues
Solicitor General Tushar Mehta, who appeared on behalf of the BCCI, informed the bench that some talks were on and the BCCI wanted time to see if "anything fruitful will come" out of such discussion
Flipkart Pay merges all payments, fintech offerings into unified interface
The e-commerce firm aims to provide customers a seamless payment experience as it gears up for the festive season
Byju's insolvency order: NCLAT judge recuses from hearing appeal
Cites he had appeared for the BCCI as a lawyer and, therefore, did not think it appropriate to hear the matter
Rapido enters unicorn club with $120 million round led by WestBridge
According to Entrackr's estimates, the company raised the funding at a post-money valuation of Rs 8,517 crore or a little over $1 billion
 "Rapido enters unicorn club with $120 million round led by WestBridge")