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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Meet Byju's content team, which is helping children learn better using tech
A talented and diverse team of experts and technologists collaborate to write the scripts for content and video at the world's most valuable edtech company
 "Meet Byju's content team, which is helping children learn better using tech")
Amazon asks Sebi, govt to withdraw $3.4-bn Future-RIL deal approval
The letter has also been sent to other top officials at stock exchanges such as BSE Limited and the National Stock Exchange of India Limited
 "Amazon asks Sebi, govt to withdraw $3.4-bn Future-RIL deal approval")
Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT
Local shops on Amazon clocked a 2x spike and sold over 10 products every minute
 "Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT")
Ola Cars sells over 1,000 cars over the weekend leading up to Dhanteras
As part of festive offer, Ola said customers can avail of discounts of up to Rs 1 lakh, as well as several industry-first offers like free servicing for up to 2 years, 12-month warranty
 "Ola Cars sells over 1,000 cars over the weekend leading up to Dhanteras")
Ola posts first-ever operating profit of Rs 90 cr in FY21 amid pandemic
This, even as revenues declined 65% to Rs 690 cr amid Covid-19 lockdowns
 "Ola posts first-ever operating profit of Rs 90 cr in FY21 amid pandemic")
Unacademy buys top K-10 online tuition platform Swiflearn for unknown sum
Founded in 2019, Swiflearn is an online platform for academic courses, which provides personalised home tuition experience from top quality teachers
 "Unacademy buys top K-10 online tuition platform Swiflearn for unknown sum")
Firm boosts human effort in factories, using computer vision, deep learning
Drishti combines video and AI for data capturing in manufacturing to increase process efficiency and reduce defects
 "Firm boosts human effort in factories, using computer vision, deep learning")
PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms
The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort
PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms
The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort
 "PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms")
MakeMyTrip and Amazon Pay form strategic tie-up to offer travel services
With this alliance, MakeMyTrip will be able to further extend its distribution via Amazon Pay's large user base, especially in smaller towns, and speed up online booking of travel services
 "MakeMyTrip and Amazon Pay form strategic tie-up to offer travel services")
From Amazon to Microsoft, big technology firms bet big on India
International technology giants have pulled out all the stops in backing the country's robust digital consumption story
 "From Amazon to Microsoft, big technology firms bet big on India")
10-minute grocery delivery app Zepto comes out of stealth, raises $60 mn
Zepto was founded by two 19-year-old Stanford dropouts and includes investors like Glade Brook, Nexus, Lachy Groom, Y Combinator and Global Founders Capital
 "10-minute grocery delivery app Zepto comes out of stealth, raises $60 mn")
BharatPe plans $5 bn loan book to help small businesses with credit: CEO
Company expects growth from Unity Small Finance Bank, its joint venture with Centrum Group, says Suhail Sameer
 "BharatPe plans $5 bn loan book to help small businesses with credit: CEO")
Amazon empowers thousands of sellers during its month-long festive event
Close to 30,000 sellers became Lakhpatis; 70% of the sellers that made a sale were from non-metros; Over 330 Local shop owners became Lakhpatis
 "Amazon empowers thousands of sellers during its month-long festive event")
Meesho announces second ESOP programme worth $5.5 mn in less than a year
Firm has grown 2.8x in terms of monthly transacting users and a 2.5x by orders over past six months; now aims to reach 100 mn users and over 50 mn products by December 2022
 "Meesho announces second ESOP programme worth $5.5 mn in less than a year")
Adani Group to invest in Cleartrip, deepens strategic ties with Flipkart
As part of this investment, the Adani Group will acquire a significant minority stake in Cleartrip. The companies didn't reveal the value of the transaction
 "Adani Group to invest in Cleartrip, deepens strategic ties with Flipkart")
MMTC-PAMP launches e-commerce portal to increase D2C sales for gold
MMTC-PAMP is a joint venture between Switzerland-based bullion brand PAMP SA and MMTC Ltd, a Govt of India Undertaking
 "MMTC-PAMP launches e-commerce portal to increase D2C sales for gold")
Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume
The investment will augment the company's goal to deliver 6-8x growth in the next 5 years
 "Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume")
PayU launches 'PayU Token Hub' to help businesses comply with RBI norms
Solution has been built by PayU and Wibmo, a PayU-owned full stack global PayTech firm, in partnership with major card networks such as Visa and MasterCard, and top issuing banks
 "PayU launches 'PayU Token Hub' to help businesses comply with RBI norms")
WhiteHat Jr's music lessons for all ages; customised course for 18-plus set
Pandemic has shown how music can uplift one's health and wellbeing, help bond with others and offer several cognitive benefits for older adults, says the company
 "WhiteHat Jr's music lessons for all ages; customised course for 18-plus set")
