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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India uniquely positioned to drive new AI innovations: Google DeepMind
Two senior executives of Google DeepMind explain the laboratory's work in the country
 "India uniquely positioned to drive new AI innovations: Google DeepMind")
PhonePe CEO apologises for lashing out at Karnataka reservation bill
If my comments hurt anyone's sentiment, I am truly sorry and would like to offer you an unconditional apology: PhonePe's Sameer Nigam
 "PhonePe CEO apologises for lashing out at Karnataka reservation bill")
Edtech firm Byju's moves NCLAT against NCLT order, seeks urgent hearing
Byju's, once valued at $22 billion, is seeking an urgent hearing at NCLAT against the insolvency order by NCLT based on a plea from BCCI over the non-payment of Rs 158 crore
 "Edtech firm Byju's moves NCLAT against NCLT order, seeks urgent hearing")
Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps
For larger volumes, despite recent price adjustments by Google, Krutrim said it is offering prices which are 50 per cent of Google Maps' reduced rates, ensuring value for the users
 "Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps")
Byju's may challenge NCLT's insolvency proceedings order against its parent
Sources say the company may approach NCLAT in the next few days
 "Byju's may challenge NCLT's insolvency proceedings order against its parent")
Google unveils latest AI technologies to support Indian developers
At the Google I/O Connect Bengaluru 2024 event, the tech giant said that it is committed to empowering Indian innovators to harness AI's full potential, creating solutions that not only address India'
 "Google unveils latest AI technologies to support Indian developers")
Dharana Capital acquires shares worth Rs 400 crore in Urban Company
Dharana Capital founder Vamsi Duvvuri to join the board as Non-Executive Director
 "Dharana Capital acquires shares worth Rs 400 crore in Urban Company")
Fitterfly collab with Google Cloud to launch AI feature for diabetic people
Fitterfly Klik uses AI computer vision paired with the Fitterfly Nutrition Database, comprising over 37,000 Indian foods, to recognize, analyze, and break down food
 "Fitterfly collab with Google Cloud to launch AI feature for diabetic people")
Cropin unveils Sage: AI-powered agri-intelligence for global agriculture
Cropin's Sage aims to revolutionise agriculture by enabling seed manufacturers, food processors and govt to make informed decisions based on real-time data on cultivation practices, climate, soil etc
 "Cropin unveils Sage: AI-powered agri-intelligence for global agriculture")
Google working with govt to support 10,000 startups in GenAI solutions
Company says its Build with AI event has helped 25,000 developers in 43 cities across India
 "Google working with govt to support 10,000 startups in GenAI solutions")
Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion
EV maker last raised funds at $5.5 bn value
 "Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion")
Tesla veteran Jay Vijayan's startup Tekion secures $200 million funding
Automotive software platform gets backing of Dragoneer Investment Group at a valuation of $4 billion
 "Tesla veteran Jay Vijayan's startup Tekion secures $200 million funding")
Launchpad Kashmir: Excitel's Vivek Raina and 6 others unveil startup fund
Launchpad Kashmir would fund and incubate 24 startups by FY25 in Jammu and Kashmir region, taking them from the ideation stage to the seed funding round
 "Launchpad Kashmir: Excitel's Vivek Raina and 6 others unveil startup fund")
IndusDC earmarks Rs 100 crore to co-build hard tech startups in India
The venture studio will identify technologies and lab stage ideas related to CO2 emission reduction primarily in the industrial and energy sector
 "IndusDC earmarks Rs 100 crore to co-build hard tech startups in India")
IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOP liquidity over the five events, benefiting over 3,200 employees
 "IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million")
Gig workers Bill may hurt ease of doing biz: Startups to Karnataka govt
The startup and tech company group said that very wide powers of inspection have been granted to the state government, which are excessively broad and vague
 "Gig workers Bill may hurt ease of doing biz: Startups to Karnataka govt")
Nasscom writes to Karnataka CM, raises concerns over draft gig workers bill
It says the Bill lays down onerous and prescriptive obligations on aggregators like the minimum notice period for termination, algorithmic disclosures, monitoring and tracking mechanisms
 "Nasscom writes to Karnataka CM, raises concerns over draft gig workers bill")
Fintech firm Partior raises $60 mn Series B round led by Peak XV Partners
Partior, which has global unified ledger-based interbank rails for real-time clearing and settlement, will use the funds to support its international network growth
 "Fintech firm Partior raises $60 mn Series B round led by Peak XV Partners")
US investment firm Invesco reduces fair value of Pine Labs, Swiggy
Pine Labs plans $1 bn IPO in India after getting Singapore court's approval to shift base
 "US investment firm Invesco reduces fair value of Pine Labs, Swiggy")
Tens of thousands of small biz gear up to offer Prime Day deals: Amazon
The owners of small firms would offer deals on lakhs of products to customers across various categories such as home and kitchen, fashion and grooming on the e-commerce website
 "Tens of thousands of small biz gear up to offer Prime Day deals: Amazon")
