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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Meesho files updated IPO papers, aims to raise up to $800 million
E-commerce firm targets December IPO as filing details equity structure, investor stake sales via offer for sale.
 "Meesho files updated IPO papers, aims to raise up to $800 million")
Licious reports 16% revenue growth at ₹795 cr in FY25; losses narrow 45%
Licious' growth reflects the early impact of its omnichannel strategy, which integrates its online delivery network with an expanding retail presence
 "Licious reports 16% revenue growth at ₹795 cr in FY25; losses narrow 45%")
India-Japan Fund invests ₹500 crore in electric vehicle maker Eka Mobility
The investment by NIIF-managed India-Japan Fund will help Eka Mobility scale manufacturing, boost R&D, and expand its global footprint in the EV segment
 "India-Japan Fund invests ₹500 crore in electric vehicle maker Eka Mobility")
ShareChat reduces losses by 72%, revenue rises slightly to ₹723 crore
Homegrown social media firm turns cash positive, eyes ₹1,000 crore annualised revenue as it expands into micro drama and ad-supported content formats
 "ShareChat reduces losses by 72%, revenue rises slightly to ₹723 crore")
Amazon India's festival sale draws 70% of traffic from smaller cities
The company facilitated over ₹1,000 crore in customer savings through bank offers, goods and services tax (GST) benefits, and cashback rewards
 "Amazon India's festival sale draws 70% of traffic from smaller cities")
Ola Electric enters $12 bn energy storage market with home batteries
Ola Shakti batteries use the same 4680 cell technology deployed in the company's electric scooters
 "Ola Electric enters $12 bn energy storage market with home batteries")
Graph AI raises $3 mn from Bessemer to target $8 bn drug safety market
California-based Graph AI raised $3 million in seed funding led by Bessemer Venture Partners to scale its AI-driven pharmacovigilance platform for global drug safety and compliance
 "Graph AI raises $3 mn from Bessemer to target $8 bn drug safety market")
Granite Asia leads $85 mn Series C funding in Kuku content platform
Granite Asia led Kuku's $85 million Series C round joined by Vertex Growth, IFC, Krafton, and others, to expand AI infrastructure and grow its vernacular storytelling ecosystem
 "Granite Asia leads $85 mn Series C funding in Kuku content platform")
Festive demand, tech push lift India's PE-VC deal value to $26 bn in 2025
During the first nine months of 2025, PE and VC investments have already exceeded the aggregate investment amount recorded in the whole of 2023 and 2024, respectively
 "Festive demand, tech push lift India's PE-VC deal value to $26 bn in 2025")
Biopeak bets bespoke longevity plans can go beyond bold-and-beautiful set
The company uses AI and cellular diagnostics to optimise performance for professionals by going to the root causes of poor health, with individually-targeted programmes starting at ₹40,000
 "Biopeak bets bespoke longevity plans can go beyond bold-and-beautiful set")
Eyewear retailer Lenskart accelerates store expansion ahead of $10 bn IPO
The eyewear retailer plans its biggest store expansion in three years as it prepares for a $900 million IPO, one of India's largest public issues in 2025
 "Eyewear retailer Lenskart accelerates store expansion ahead of $10 bn IPO")
GoodScore raises $13 mn from Peak XV to expand AI credit platform
Bengaluru-based fintech will use the funds to deepen its AI-led credit health offerings, scale its marketplace, and grow its product and tech teams
 "GoodScore raises $13 mn from Peak XV to expand AI credit platform")
Moglix adopts supply-chain hedging as India eyes chip self-reliance
B2B platform Moglix is securing global suppliers for critical components as it aligns with India's expanding semiconductor and electronics ambitions
 "Moglix adopts supply-chain hedging as India eyes chip self-reliance")
One in three Indians duped by festive scams as AI, deepfake frauds surge
Nearly one in three Indians has faced festive season fraud as AI-powered scams, deepfake celebrity endorsements, and phishing cons target Diwali shoppers
 "One in three Indians duped by festive scams as AI, deepfake frauds surge")
Eyewear major Lenskart unveils smart glasses with UPI payments ahead of IPO
Planned for launch over the next few months, the Lenskart B Camera Smartglasses integrate advanced eyewear design with operational convenience
 "Eyewear major Lenskart unveils smart glasses with UPI payments ahead of IPO")
Myntra adds 2 million new shoppers as non-metros power festive sale
Ethnic wear, beauty, and sportswear drive growth as smaller cities account for 70% of orders during Myntra's Big Fashion Festival, reflecting strong festive sentiment
 "Myntra adds 2 million new shoppers as non-metros power festive sale")
AI-first FMCG startup Meolaa raises $6 mn in pre-Series A funding
The Bengaluru-based startup plans to deploy funds into AI infrastructure, brand expansion and supply chain agility to compress FMCG product cycles from years to months
 "AI-first FMCG startup Meolaa raises $6 mn in pre-Series A funding")
Amazon Pay India revenue drops 7% in FY25 amid festive surge in usage
Despite ₹866-crore loss, platform sees strong consumer adoption during Great Indian Festival
 "Amazon Pay India revenue drops 7% in FY25 amid festive surge in usage")
Sebi nod for Lenskart, Wakefit IPOs marks strong startup pipeline
Lenskart to raise ₹2,150 crore in fresh equity while Wakefit plans a ₹468-crore issue to fund new stores, marketing and capital expenditure
 "Sebi nod for Lenskart, Wakefit IPOs marks strong startup pipeline")
Ola Electric's ferrite motor gets nod, cuts rare-earth dependence
India's largest EV maker secures certification for a ferrite motor that removes rare-earth magnets, tackling cost and supply-chain challenges in electric mobility
 "Ola Electric's ferrite motor gets nod, cuts rare-earth dependence")
