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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Sellers passed on over ₹100 cr in GST relief to customers: Amazon India
The performance comes as recent GST reforms reduced rates on appliances and electronics, enabling sellers on Amazon to pass through over ₹100 crore in savings to customers
 "Sellers passed on over ₹100 cr in GST relief to customers: Amazon India")
E-commerce giants pass on ₹300 crore tax cuts to festival shoppers
Amazon and Flipkart channelled over Rs 300 crore in GST savings to festive shoppers as sellers adopted new tax rates, boosting demand for appliances and electronics
 "E-commerce giants pass on ₹300 crore tax cuts to festival shoppers")
Amazon Fresh expands to 270+ cities in India, adds tier-2 and tier-3 towns
Amazon Fresh has expanded its reach to more than 270 cities across India, including tier-2 and tier-3 towns, with 40,000 products and partnerships with 13,000 farmers
 "Amazon Fresh expands to 270+ cities in India, adds tier-2 and tier-3 towns")
Licious expands 30-minute meat delivery to 60% of its customer base
Licious expands express delivery, boosts hubs by 40% and taps India's $55 bn protein market, aligning with rising consumer demand for on-demand fresh meat and seafood
 "Licious expands 30-minute meat delivery to 60% of its customer base")
Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures
Curefoods allots 12.8 million equity shares at Rs 124 each to Binny Bansal's 3State Ventures in a pre-IPO placement, ahead of its Rs 800 crore fresh issue and OFS under SEBI norms
 "Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures")
Amazon festival sale clocks record 380 million visits in 48 hours
Amazon's Great Indian Festival saw 380 million visits in 48 hours, led by tier 2-3 demand, GST savings, premium product sales and record participation from SMB sellers
 "Amazon festival sale clocks record 380 million visits in 48 hours")
Lightspeed leads $23 mn funding in Emergent AI app-building platform
AI startup Emergent raises $23 million Series A led by Lightspeed as platform hits $15 million ARR in 90 days with 1.5 million apps built from natural language prompts
 "Lightspeed leads $23 mn funding in Emergent AI app-building platform")
Flipkart reports 21% rise in user visits during Big Billion Days sale
Flipkart's Big Billion Days sale recorded 21 per cent growth in visits, 26 per cent surge in premium demand and strong Cleartrip bookings as festive shopping gained pace
 "Flipkart reports 21% rise in user visits during Big Billion Days sale")
Meesho, Shopsy see festive sales boom as smaller cities drive demand
Meesho recorded 240 million visits and Shopsy saw 70% of orders from tier-3 towns as India's festive e-commerce battle shifts to smaller cities and value shoppers
 "Meesho, Shopsy see festive sales boom as smaller cities drive demand")
Flipkart, Amazon race in premium ecommerce with iPhones, fast delivery
Flipkart, Amazon and Bigbasket reported record festive sales of iPhones and premium devices, with fast deliveries and GST reforms boosting growth in metros and Tier-II cities
GST cuts to fuel 15-20% festive sales surge in electronics: Analysts
GST cuts have lowered electronics prices by 7-9 per cent, fuelling festive demand as consumers trade up to premium TVs and appliances and e-commerce giants push discounts
 "GST cuts to fuel 15-20% festive sales surge in electronics: Analysts")
Amazon and Flipkart showcase GST deals as festival shopping begins
Amazon India has introduced a GST storefront to display reduced prices from tax cuts on key categories, aiming to capitalise on festive demand with offers, discounts and bank deals
 "Amazon and Flipkart showcase GST deals as festival shopping begins")
Swiggy needs $500 mn war chest for quick commerce battle: JM Financial
JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion
 "Swiggy needs $500 mn war chest for quick commerce battle: JM Financial")
PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO
Fintech firm crosses Rs 7,000 crore in revenue as adjusted EBITDA and PAT soar; diversification into lending and broking fuels growth momentum
 "PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO")
Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle
E-commerce giants mobilise round-the-clock operations with food, entertainment as India's shopping season is projected to grow 27 per cent
 "Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle")
Urban Company CEO says IPO success is 'Day Zero' for home services giant
Abhiraj Singh Bhal discusses profitability path and ₹8.5 lakh crore market opportunity after blockbuster public debut
 "Urban Company CEO says IPO success is 'Day Zero' for home services giant")
Flipkart Minutes to deliver Big Billion Days 2025 deals in just 10 minutes
Flipkart Minutes expands to 19 cities for TBBD 2025 with 10-minute deliveries while Tata-backed Bigbasket marks iPhone 17 launch with record-breaking instant delivery
 "Flipkart Minutes to deliver Big Billion Days 2025 deals in just 10 minutes")
Savings app Jar posts ninefold revenue jump, reaches profitability
Gold-focused fintech serves 35 million users as it vertically integrates operations.
 "Savings app Jar posts ninefold revenue jump, reaches profitability")
Flipkart Group completes self-audit on dark patterns on digital platforms
These refer to tactics used by online platforms to manipulate or heavily influence customers to make certain choices
 "Flipkart Group completes self-audit on dark patterns on digital platforms")
BlackBuck CEO clarifies relocation plans, says company staying in Bengaluru
Trucking platform says staying in tech hub after infrastructure complaints spark departure speculation
 "BlackBuck CEO clarifies relocation plans, says company staying in Bengaluru")
