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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Aim to make India a hub for semiconductors for the world: PM Narendra Modi
IT minister says will grant approvals to chip makers in 6-8 months
 "Aim to make India a hub for semiconductors for the world: PM Narendra Modi")
Northeast takes the lead on digitisation: PhonePe Pulse Q1 2022 Data
According to a report by the Ministry of Electronics & Information Technology, UPI has now become the most popular mode of payment
 "Northeast takes the lead on digitisation: PhonePe Pulse Q1 2022 Data")
Preferential treatment case: CCI raids sellers of Amazon, Flipkart
India's antitrust body launched raids on the two top domestic sellers of Amazon over accusations of having violated competition laws
 "Preferential treatment case: CCI raids sellers of Amazon, Flipkart")
Vedantu announces technology to bring down cost of online learning
Ai Live will give Vedantu an edge over competitors Byju's, Unacademy, Simplilearn, UpGrad and Amazon Academy, says company.
 "Vedantu announces technology to bring down cost of online learning")
Flipkart unveils lab to tap Web3, metaverse for e-commerce innovations
Flipkart Labs will be based in Bengaluru and it will back in-house innovation by using emerging technologies, promoting ideas, and delivering "breakthrough solutions", it said
 "Flipkart unveils lab to tap Web3, metaverse for e-commerce innovations")
SoftBank-backed Meesho records over 100 mn transacting users
Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
 "SoftBank-backed Meesho records over 100 mn transacting users")
Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario
India's antitrust body has reportedly launched raids against the two top domestic sellers of Amazon over accusations of having violated competition laws
 "Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario")
Flipkart arm eKart to offer end to end supply chain solutions across India
With its externalisation, eKart will now offer brands, platforms, and businesses end-to-end supply chain management
 "Flipkart arm eKart to offer end to end supply chain solutions across India")
D2C unicorn Licious invests in fresh pet food startup Pawfectly Made
Pawfectly Made will continue as a separate entity with its own production processes and supply chain, Licious comes in as strategic partner
 "D2C unicorn Licious invests in fresh pet food startup Pawfectly Made")
Top B2B player Moglix bolsters top rung, elevates three execs as MDs
The announcement comes as a boost to Moglix's senior leadership as it is poised for global expansion and growth
 "Top B2B player Moglix bolsters top rung, elevates three execs as MDs")
Flipkart commits to increasing employability for the differently-abled
Signed agreement with dept under Ministry of Social Justice and Empowerment, and skill council focused on such people
83% of people in India believe bots will succeed where humans failed: Study
People around the world are demanding more progress on sustainability and social efforts and are looking to businesses to step up
 "83% of people in India believe bots will succeed where humans failed: Study")
From Andaman Islands to Leh, Amazon goes all out to tap India's hinterlands
The e-commerce giant has, over the past few years, built a strong network of partners who play a pivotal role in ensuring on-time deliveries to the most difficult of terrains
 "From Andaman Islands to Leh, Amazon goes all out to tap India's hinterlands")
udaanCapital ties up with Northern Arc Capital for financing 50,000 kiranas
udaanCapital currently helps disburse over Rs 8,000 crore credit a year to 150,000 kiranas and small businesses. The credit is short-term and ranges from Rs 10,000 to Rs 25 lakh
 "udaanCapital ties up with Northern Arc Capital for financing 50,000 kiranas")
Jeff Bezos vs Kishore Biyani 2.0: RIL may pick up FRL through insolvency
The tactic is not new for Reliance. In 2020, Reliance Industries acquired 37.7% stake in textile manufacturer Alok Industries Ltd for Rs 250 cr.
 "Jeff Bezos vs Kishore Biyani 2.0: RIL may pick up FRL through insolvency")
Amazon partners with farmers to scale up grocery network across India
The e-commerce giant seeks to expand its supply chain network across the country to provide groceries like fruits and vegetables to customers
 "Amazon partners with farmers to scale up grocery network across India")
Future Group, Amazon set for long court battle as Reliance deal off
Future Retail and Future Enterprises have huge debts and lenders have initiated bankruptcy proceedings against Future Retail
 "Future Group, Amazon set for long court battle as Reliance deal off")
Amazon bets big on social commerce, acquires women-focused startup GlowRoad
The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.
 "Amazon bets big on social commerce, acquires women-focused startup GlowRoad")
Flipkart says new fulfilment centre in Bengal will create 11,000 jobs
Facility would help Walmart-owned firm compete with Amazon, Reliance's JioMart, and Tata-owned BigBasket.
 "Flipkart says new fulfilment centre in Bengal will create 11,000 jobs")
Edtech startup Newton School raises $25 mn from Steadview Capital, others
Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.
 "Edtech startup Newton School raises $25 mn from Steadview Capital, others")