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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Atlys' Mohak Nahta launches Skylane to modernise government visa systems
Through its innovative technology including 24/7 SkyPods, Skylane aims to process over 100 million visas in the next five years, making global mobility seamless for travellers everywhere
 "Atlys' Mohak Nahta launches Skylane to modernise government visa systems")
Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
The firm said the acquisition is a strategy to enforce stricter standards and an industry-first model code of customer acquisition
 "Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal")
AI on its own: How tech is reshaping work as GenAI adoption grows in India
Agentic AI, software systems capable of performing complex tasks with minimal human oversight, will likely be the biggest tech trend in 2025
 "AI on its own: How tech is reshaping work as GenAI adoption grows in India")
Nykaa, Unilever moves likely to spur M&As in beauty, personal care market
India's beauty and personal care (BPC) industry is entering a consolidation phase with global giants seeking a grip over the changing consumer habits, according to the analysts
 "Nykaa, Unilever moves likely to spur M&As in beauty, personal care market")
Netradyne secures $90 million in Series D funding to expand footprint
The capital infusion will accelerate the company's growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion
 "Netradyne secures $90 million in Series D funding to expand footprint")
Genome India Project: A milestone towards precision medicine and treatment
The Genome India Data, which captures the genetic diversity of India's population, will be available to researchers at the Indian Biological Data Centre (IBDC) through managed access
 "Genome India Project: A milestone towards precision medicine and treatment")
Velocity unveils Shipfast to enable faster commerce for D2C brands
Velocity said Shipfast has reimagined shipping workflows with its logistics partners to optimise for quicker deliveries
 "Velocity unveils Shipfast to enable faster commerce for D2C brands")
Accel, Binny Bansal, Majety back flying taxi venture Sarla Aviation
As urbanisation accelerates and traffic congestion worsens in Indian cities, Sarla envisions a future where Indians can bypass road-bound infrastructure and seamlessly live, work, and thrive
 "Accel, Binny Bansal, Majety back flying taxi venture Sarla Aviation")
Udaan set for IPO as NCLT clears demerger plan for corporate restructuring
The approved restructuring will boost Udaan's agility and open up various financing avenues, including the ability to pursue an IPO in India by 2026, according to sources.
 "Udaan set for IPO as NCLT clears demerger plan for corporate restructuring")
Innovaccer raises $275 mn to expand its healthcare AI capabilities
This funding will support Innovaccer's efforts to expand collaboration with existing customers, introduce new AI and cloud capabilities, and scale its developer ecosystem
 "Innovaccer raises $275 mn to expand its healthcare AI capabilities")
Lenskart gears up for IPO, aims to raise up to $1 bn from investors
"The pitch will happen next month. Lenskart is a profitable business," said a person familiar with the development
 "Lenskart gears up for IPO, aims to raise up to $1 bn from investors")
Swiggy Instamart expands to 75+ cities, unveils plans for standalone app
Swiggy Instamart will continue to be available on Swiggy's unified app
 "Swiggy Instamart expands to 75+ cities, unveils plans for standalone app")
Walmart-owned Flipkart hires Dunzo co-founder Kabeer Biswas to lead Minutes
Biswas' appointment is seen as a strategic move by Flipkart to help it compete with quick commerce players such as Zomato-owned Blinkit, Swiggy Instamart, and Zepto
 "Walmart-owned Flipkart hires Dunzo co-founder Kabeer Biswas to lead Minutes")
Swiggy launches new standalone app Snacc for 15-minute food delivery
The launch comes at a time when the food delivery apps in India are racing to deliver everything from biryani to hot beverages to customers' doorsteps in under 10-15 minutes
 "Swiggy launches new standalone app Snacc for 15-minute food delivery")
Have a strong pipeline of companies preparing to go public: Accel
India is on track to become an $8 trillion economy in 10 years and this will translate into growth in public markets, say Barath Shankar Subramanian and Abhinav Chaturvedi, Partners at venture capital
 "Have a strong pipeline of companies preparing to go public: Accel")
Microsoft to invest $3 bn in AI and cloud expansion in India: Nadella
The tech giant will also support the country's long-term competitiveness by training 10 million people over the next five years with AI skills
 "Microsoft to invest $3 bn in AI and cloud expansion in India: Nadella")
EMO Energy raises $6.2 million in Series A led by Subhkam Ventures
The company will utilise the raised funds to scale its two-wheeler energy solution to over 1 lakh vehicles over the next two years while advancing the deployment of 1 GWh of energy storage
 "EMO Energy raises $6.2 million in Series A led by Subhkam Ventures")
upGrad's Mayank Kumar, Oyo's Ayush Mathur unveil new venture BorderPlus
BorderPlus is a talent mobility platform dedicated to connecting blue-collar workers with global opportunities
 "upGrad's Mayank Kumar, Oyo's Ayush Mathur unveil new venture BorderPlus")
Accel's $650 mn India fund to focus on AI, fintech startups, manufacturing
One of the opportunities identified by Accel under the consumer theme is 'Bharat', where startups cater to the top 30 per cent of households in India's Tier-2+ regions
 "Accel's $650 mn India fund to focus on AI, fintech startups, manufacturing")
Govt, Startup Policy Forum team up to make India a global innovation hub
A highlight of this partnership is the upcoming SPF Startup Baithak, a flagship event scheduled to take place on January 15-16, 2025, at Bharat Mandapam
 "Govt, Startup Policy Forum team up to make India a global innovation hub")
