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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Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue
The company's revenue from operations reached Rs 100 cr in 2022-23 compared to just Rs 2.3 crore in 2021-22 and the firm said it has become PAT positive
 "Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue")
Meesho Mall gears up for the festive season, features an array of brands
Since its launch last year, Bansal said Meesho Mall has been growing by about 30 per cent month-on-month, processing an impressive over one crore orders in the past six months
 "Meesho Mall gears up for the festive season, features an array of brands")
Amazon expands to address business needs, offers credit to customers
Subhas noted that prompt delivery is a crucial element for all business customers, as evidenced by Prime members contributing to over 50 per cent of sales this year
 "Amazon expands to address business needs, offers credit to customers")
Byju's elevates Arjun Mohan as CEO of India business, Mrinal Mohit quits
Arjun Mohan, a member of the founding team who most recently served as the Chief Business Officer, has rejoined the company after a stint at Ronnie Screwvala-led UpGrad
 "Byju's elevates Arjun Mohan as CEO of India business, Mrinal Mohit quits")
Age-tech innovation aiming to tackle challenges faced by India's elderly
Welldercare's line of smart portraits and mirrors for vitals monitoring and fall detection are in advanced design and engineering stages and are expected to go on sale in the first quarter of 2024
 "Age-tech innovation aiming to tackle challenges faced by India's elderly")
Kuku FM raises $25 mn from investors; aims to expand content, improve tech
Company will use financing to expand its repository of Indian language audiobooks, podcasts, courses
 "Kuku FM raises $25 mn from investors; aims to expand content, improve tech")
Flash.co raises $6.7 mn in Pre-Series A round led by Blume Ventures
This latest funding round takes Flash.co's total funding to $12.5 million, empowering them to further establish Flash.co as the premier lifestyle app for power shoppers
 "Flash.co raises $6.7 mn in Pre-Series A round led by Blume Ventures")
Edtech giant Byju's regrets 'delays' in settling dues of laid-off employees
According to the new timeline provided in an email to sacked employees, employees can now expect to receive their outstanding payments by November 17, as against the earlier September 15 deadline
 "Edtech giant Byju's regrets 'delays' in settling dues of laid-off employees")
Snowflake exploring partnership with govt in generative AI: Sanjay Deshmukh
Governments in many developed economies are already collaborating with Snowflake, to support them in their decision-making, said Deshmukh
 "Snowflake exploring partnership with govt in generative AI: Sanjay Deshmukh")
Jupiter ropes in Swiggy's Anuj Rathi as chief product and marketing officer
With over 18 years of experience, the IIT-Kanpur graduate brings extensive knowledge and insights from his tenures at leading companies such as Swiggy, Flipkart, and Walmart
 "Jupiter ropes in Swiggy's Anuj Rathi as chief product and marketing officer")
AI, cloud services disrupting retail industry: Experts at Walmart event
Technology teams must be ready for delivering hyper-personalised experiences, they say
 "AI, cloud services disrupting retail industry: Experts at Walmart event")
E-com retailers may clock about Rs 90k cr during festive sales: Redseer
This is 18-20 per cent higher than last year and will be driven by about 140 million shoppers who are expected to be transacting online at least once during this festive month
 "E-com retailers may clock about Rs 90k cr during festive sales: Redseer")
Agilitas acquires sports footwear maker Mochiko Shoes for undisclosed sum
Mochiko is a manufacturing partner for brands that include Adidas, Puma, Reebok
 "Agilitas acquires sports footwear maker Mochiko Shoes for undisclosed sum")
Flipkart crosses 1.4 mn sellers ahead of its annual shopping event
Businesses are using e-commerce to digitise and modernise themselves, says company
 "Flipkart crosses 1.4 mn sellers ahead of its annual shopping event")
Lenders allege Byju's hid $533 million in obscure 3-year-old hedge fund
Byju's denied the charge, saying its credit agreement with lenders did not prohibit or restrict the usage, movement or investment of funds
 "Lenders allege Byju's hid $533 million in obscure 3-year-old hedge fund")
Indian firms, SMBs go for digital transformation, AWS seizes opportunity
Amazon Web Services plans to invest $16.4 billion in India by 2030 as businesses adopt Cloud and AI technologies
 "Indian firms, SMBs go for digital transformation, AWS seizes opportunity")
Lenskart unit Neso Brands makes $4 mn investment in Paris eyewear brand
Le Petit Lunetier is a direct-to-consumer eyewear brand offering fashionable designs
 "Lenskart unit Neso Brands makes $4 mn investment in Paris eyewear brand")
SAP Labs India's Sindhu Gangadharan appointed as Nasscom vice-chairperson
Earlier this year, Gangadharan was appointed as chairperson of the Nasscom GCC Council for the financial year 2023 to 2025
 "SAP Labs India's Sindhu Gangadharan appointed as Nasscom vice-chairperson")
Byju's changing fortunes: From buying spree to selling crown jewels
The valuation of the company led by Byju Raveendran jumped to $15 billion by April 2021. Raveendran used the funds to acquire some 20 companies worldwide
Edtech company Byju's plans asset sale to pay off $1.2 billion loan
The lenders are evaluating Byju's proposed amendment and have reportedly asked for more information about the loan repayment proposal
