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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Edtech company Byju's plans asset sale to pay off $1.2 billion loan
The lenders are evaluating Byju's proposed amendment and have reportedly asked for more information about the loan repayment proposal
 "Edtech company Byju's plans asset sale to pay off $1.2 billion loan")
Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech
At Aaritya, Vaz is now building a new-age trading platform for individual investors to help them trade and invest
 "Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech")
Swiggy sees another high-level exit as senior V-P Anuj Rathi quits
Ashish Lingamneni, vice president (VP), head, brand and product marketing, and Nishad Kenkre, VP, head, revenue and growth, Instamart, have also left the food delivery firm in the recent past
 "Swiggy sees another high-level exit as senior V-P Anuj Rathi quits")
Google Cloud partners with CERT-In to train govt officials in cybersecurity
The initiative includes training a 'cyber force' of 1,000 government officials in cyber defence best practices.
 "Google Cloud partners with CERT-In to train govt officials in cybersecurity")
Exploring govt partnerships in generative AI space: Google Cloud India MD
We are working with one of the state governments, to help them with population immunization and vaccination programmes based on the data available
 "Exploring govt partnerships in generative AI space: Google Cloud India MD")
Six Indian companies among top 10 digital media players in FY23: Redseer
These six Indian companies are Dream Sports, Gameskraft, Games24x7, Verse Innovations, Junglee Games, and Times Internet
 "Six Indian companies among top 10 digital media players in FY23: Redseer")
Ather Energy raises Rs 900 cr from Hero MotoCorp and GIC for expansion
Electric two-wheeler manufacturer will use funding to launch new products, expanding charging infra
 "Ather Energy raises Rs 900 cr from Hero MotoCorp and GIC for expansion")
Funding into edtech sector plunges 48% in 2023 due to decreased demand
Experts said that the demand-supply mismatch between teachers and course availability in offline education is expected to fuel the growth in the sector in the coming years
 "Funding into edtech sector plunges 48% in 2023 due to decreased demand")
USA's PowerSchool acquires Indian edtech firm Neverskip for undisclosed sum
The deal will lead to the two companies creating a unified technology platform for school operations
 "USA's PowerSchool acquires Indian edtech firm Neverskip for undisclosed sum")
Pepperfry elevates Ashish Shah as CEO after demise of Ambareesh Murty
The company has also secured $23 million to strengthen its ability to cater to the evolving needs of its over 10 million and increasing customer base
 "Pepperfry elevates Ashish Shah as CEO after demise of Ambareesh Murty")
Udaan makes organisational changes in business and tech verticals
Vivek Gupta, who led the essentials business, will transition from the operating role
 "Udaan makes organisational changes in business and tech verticals")
Flipkart to generate over 1,00,000 jobs ahead of the festive season
The e-commerce firm is planning to deliver more than 40% of shipments during the festive event through our Kirana delivery programme
 "Flipkart to generate over 1,00,000 jobs ahead of the festive season")
If next Indian unicorn wants to set up biz in Dubai, we will help: Badri
Badri who was on an India visit said that Dubai has laid out an ambitious $8.7 trillion economic plan in a decade under the Dubai Economic Agenda D33
 "If next Indian unicorn wants to set up biz in Dubai, we will help: Badri")
Picking apples and oranges: New quality check comes to grocery shops
Amazon Fresh says its application to check freshness of fruits, vegetables on Indian shelves has opportunities abroad
 "Picking apples and oranges: New quality check comes to grocery shops")
US retailer Walmart pays $3.5 billion to increase stake in Flipkart
Flipkart co-founder Binny Bansal, Accel and Tiger Global Management have fully exited the e-commerce firm by selling their stakes to Walmart
 "US retailer Walmart pays $3.5 billion to increase stake in Flipkart")
US-based investor Fidelity increases Meesho's valuation by 14.3%
With Fidelity's latest markup, Meesho is now valued at about $5.04 billion
 "US-based investor Fidelity increases Meesho's valuation by 14.3%")
Ola Electric registers over 400% growth in Aug; gears up for festive season
Ola which competes with players such as Ather Energy, Okinawa, Hero Electric and TVS Motor company said it has maintained a market share of about 30 per cent during August
 "Ola Electric registers over 400% growth in Aug; gears up for festive season")
PhonePe takes on Zerodha, Upstox, Groww, unveils stock broking platform
Walmart-owned fintech firm said what differentiates its stock broking platform 'Share.Market' is that it elevates discount broking by combining research, convenience and technology
 "PhonePe takes on Zerodha, Upstox, Groww, unveils stock broking platform")
Broking platform is completion of financial services strategy: PhonePe CTO
Chari is also an active stock investor and has been using various stock-broking apps recently to learn more about the stock market and competition
 "Broking platform is completion of financial services strategy: PhonePe CTO")
Chandrayaan-3 rover confirms the presence of Sulphur in lunar surface
LIBS is a scientific technique that analyses the composition of materials by exposing them to intense laser pulses
 "Chandrayaan-3 rover confirms the presence of Sulphur in lunar surface")