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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Delhi to Delaware: No end in sight for edtech giant Byju's problems
Ex-employees planning to take firm to NCLT next week to demand their dues
 "Delhi to Delaware: No end in sight for edtech giant Byju's problems")
Edtech company Byju's starts new batches in 240 centres across India
On May 19, Byju Raveendran, founder and CEO of Byju's, addressed all Byju's Tuition Centres (BTC) heads and shared a new business model, based on intrapreneurship.
 "Edtech company Byju's starts new batches in 240 centres across India")
Exploring the opportunity of quick-commerce: Flipkart V-P Hari Kumar
Kumar said that the company is deepening the reach of its grocery services in metros and expanding in tier-2+ towns across Bharat
 "Exploring the opportunity of quick-commerce: Flipkart V-P Hari Kumar")
Flipkart Grocery records 1.6X y-o-y growth; scales up operations in metros
The e-commerce firm reports notable surge in premium categories such as liquid detergents by 1.8times, dry fruits by 1.5times, and energy drinks by 1.5 times
 "Flipkart Grocery records 1.6X y-o-y growth; scales up operations in metros")
Ola's next stop: Scaling up fintech, logistics, e-commerce businesses
Firm looks to shore up allied ecosystem to complement ride-hailing services
 "Ola's next stop: Scaling up fintech, logistics, e-commerce businesses")
Senior Flipkart execs Prabh Simran Singh, Sankalp Mehrotra to step down
They join the growing list of top officials who have left Flipkart in past few months. Many of the executives at large companies are quitting either to start their own companies or join smaller firms
 "Senior Flipkart execs Prabh Simran Singh, Sankalp Mehrotra to step down")
Rajnish Kumar, Mohandas Pai to leave edtech major Byju's advisory council
The company said that characterising a routine move as 'a setback' is exaggerated and attention-seeking
 "Rajnish Kumar, Mohandas Pai to leave edtech major Byju's advisory council")
Prafulla Dhariwal: From Pune prodigy to brain behind OpenAI GPT-4o
According to reports, his mother Alka was a teacher at an engineering college and taught fluid mechanics and his father, Sushil, holds a B Tech degree and owns a ceramics company
 "Prafulla Dhariwal: From Pune prodigy to brain behind OpenAI GPT-4o")
Bengaluru water crisis: Swiggy Instamart to deliver aerators in 10 minutes
Swiggy Instamart saw an 1400% increase in the searches for aerators on its platform since BWSSB's mandate for the installation of aerators in commercial establishments
 "Bengaluru water crisis: Swiggy Instamart to deliver aerators in 10 minutes")
Ola Cabs CFO Kartik Gupta quits seven months after taking charge
Before joining Ola, Gupta worked as the Vice President and Regional CFO of Asia Pacific, Middle East and Africa at Procter and Gamble for over 17 years
 "Ola Cabs CFO Kartik Gupta quits seven months after taking charge")
India's internet economy likely to reach $1 trillion by 2030: Experts
Shriram Subramanian said as India becomes a $5 trillion economy, e-commerce will continue to annually grow at about 25 per cent per annum from $60 billion in FY2023
 "India's internet economy likely to reach $1 trillion by 2030: Experts")
Uber's India tech team powers Uber Eats to 1 million merchants globally
Uber said this milestone marks a significant step in Uber Eats' journey, while also underscoring the role of the India engineering support centres in the growth and evolution of the business
 "Uber's India tech team powers Uber Eats to 1 million merchants globally")
Recharge zones to cool clothing: Indian companies' summer strategies
Several firms are stepping up to help their workforce cope with soaring temperatures
 "Recharge zones to cool clothing: Indian companies' summer strategies")
How this tech startup helps sportspersons raise their game using AI
Stupa Sports Analytics, founded by husband-wife duo Deepak Malik and Megha Gambhir, offers AI-driven solutions for advanced analytics of player performance and create innovations in sports industry
 "How this tech startup helps sportspersons raise their game using AI")
Ecommerce company Amazon infuses Rs 1,600 crore into India entity
Amazon's chief rival Flipkart recently raised nearly $600 million in fresh funds from its parent company, Walmart, and another investor
 "Ecommerce company Amazon infuses Rs 1,600 crore into India entity")
Amazon's accelerator aims to launch 50 Indian startups in global markets
The applications for the programme open today, will close on June 14, 2024. It will culminate in a demo day where participants will get chance to pitch their business propositions to leading VC firms
 "Amazon's accelerator aims to launch 50 Indian startups in global markets")
With IPO in mind, Flipkart may move domicile from Singapore to India
The move by the company, valued at $33 billion, may provide a huge tax gain for the Indian govt
 "With IPO in mind, Flipkart may move domicile from Singapore to India")
Ola to move entire workload out of Microsoft's Azure to Krutrim: Aggarwal
The move comes after Aggarwal criticised Microsoft-owned employment-focused platform LinkedIn for removing his post on pronoun illness, calling out platform for imposing political ideology
 "Ola to move entire workload out of Microsoft's Azure to Krutrim: Aggarwal")
Pluckk closes FY24 with a significant milestone, clocks AAR of Rs 100 crore
Pluckk is connecting farmers to half a million homes and delivering over 2 million products every month, said CFO Nelson D'Souza
 "Pluckk closes FY24 with a significant milestone, clocks AAR of Rs 100 crore")
Flipkart introduces new rate card policy to enhance the seller experience
Through the Simplified Rate Card, Updated Shipping Costs and Economical FBF (fulfilment by Flipkart) rates, sellers will be able to deliver superior value to the customers
 "Flipkart introduces new rate card policy to enhance the seller experience")
