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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Myntra brings offline fashion stores to customers amid Covid-19 pandemic
The Walmart-owned company has built an omnichannel network where it has partnered with several brands to have their products delivered directly from their offline-stores
 "Myntra brings offline fashion stores to customers amid Covid-19 pandemic")
Green shoots emerging for ride-hailing firm Ola amid the pandemic
The SoftBank-backed company is now serving about 50 per cent rides in major cities that have opened up as compared to the pre-Covid phase.
 "Green shoots emerging for ride-hailing firm Ola amid the pandemic")
Chemist body warns against Amazon's entry into online pharmacy space
The letter has also been addressed to Prime Minister Narendra Modi, Union Home Minister Amit Shah and other top ministers and government officials
 "Chemist body warns against Amazon's entry into online pharmacy space")
Sellers from towns drive e-commerce giant Flipkart's Freedom sales
The event, which concluded on August 10, saw participation from sellers primarily from tier-2 cities that have now become local businesses with strong growth pipelines
Amazon enters online pharmacy space in India; to compete with Netmeds, 1mg
The service would allow customers to order prescription-based medication in addition to over-the-counter medicines, basic health devices and Ayurveda medication from certified sellers
Prime Venture Partners ropes in Ashish Gupta as partner emeritus
At Prime, Gupta will be a part of the investment committee and actively involved in the decision-making process of all future investments
 "Prime Venture Partners ropes in Ashish Gupta as partner emeritus")
India Inc goes slow on increments; pay hikes for select profiles: Report
While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%
 "India Inc goes slow on increments; pay hikes for select profiles: Report")
Flipkart seeks to tap next 200 million users using voice tech amid pandemic
Introduction of 'voice assistant' on grocery is helping Flipkart bring conversational commerce and aims to fast-track adoption of e-commerce by Bharat consumers
 "Flipkart seeks to tap next 200 million users using voice tech amid pandemic")
Amazon holds biggest Prime Day sale in India amid Covid-19 pandemic
Highest Prime Day participation for small businesses with over 91,000 SMB sellers from 5,900 pin codes; 62,000 SMB sellers from small towns, received orders and about 209 SMB sellers became crorepatis
 "Amazon holds biggest Prime Day sale in India amid Covid-19 pandemic")
Flipkart launches startup promotion programme; may invest from its fund
Flipkart Leap will identify business-to-consumer and business-to-business startups and help them scale through an intensive 16-week virtual programme
 "Flipkart launches startup promotion programme; may invest from its fund")
Amazon, Flipkart set to witness business worth $600 mn during sale events
The e-commerce majors have bounced back on better delivery and improved last-mile connectivity during the ongoing sale while discounts have remained largely minimal
 "Amazon, Flipkart set to witness business worth $600 mn during sale events")
Amazon launches upgraded 'Amazon Easy'; eyes next 300 mn customers in India
These stores will offer a touch and feel product experience through a physical product display. They include assisted shopping and last-mile delivery for customers through a single touch-point.
 "Amazon launches upgraded 'Amazon Easy'; eyes next 300 mn customers in India")
Homegoods to pet supplies: Uber moving into delivery as service offering
Khosrowshahi said the company is adding auto-rickshaws and motorbikes since it expects many riders in emerging markets to shift from public minibuses towards these lower-cost options
 "Homegoods to pet supplies: Uber moving into delivery as service offering")
Walmart Labs' Indian entity to be known as Walmart Global Tech India
The technology arm of the US retail giant said the move is part of the launch of its new global identity as Walmart Global Tech.
 "Walmart Labs' Indian entity to be known as Walmart Global Tech India")
Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million
The deal is the biggest in the Indian edtech sector by far
 "Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million")
Virtual war rooms set tone for mega e-commerce sale in Covid-19 times
While there's been no dinner on the house in the run up to the D-Day, the typical war room or the command centre has silently moved to the laptop and mobile screens of the executives coordinating the
Byju's acquires Mumbai-based ed-tech start-up WhiteHat Jr for $300 mn
Byju's has bought the company for $300 million according to DC Advisory (DC), which acted as the exclusive financial advisor to WhiteHat Jr on its sale to the Bengaluru-based education technology firm
 "Byju's acquires Mumbai-based ed-tech start-up WhiteHat Jr for $300 mn")
Bike-taxi firm Rapido gives shields to captains for social distancing
Rapido Shield will cover the captain's back and will make for a safety shield between the customer and the driver-partner.
 "Bike-taxi firm Rapido gives shields to captains for social distancing")
India vulnerable to malware, drive-by download attacks: Microsoft report
India recorded a cryptocurrency mining encounter rate that was 4.6 times higher than the regional and global average
 "India vulnerable to malware, drive-by download attacks: Microsoft report")
Myntra forays into Middle East, eyes $28 bn online fashion opportunity
Myntra's research identified high levels of potential channels across the globe offering significant opportunities in the online fashion segment
 "Myntra forays into Middle East, eyes $28 bn online fashion opportunity")
