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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Ola Electric unveils one of India's 'fastest' cars; 0-100 Km/h in 4 seconds
Ola Electric has laid out its vision to become a vertically integrated electric mobility player across two-wheeler and passenger vehicle segments
 "Ola Electric unveils one of India's 'fastest' cars; 0-100 Km/h in 4 seconds")
'Would never acquire a loss-making business': Ola CEO on merger with Uber
The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet
 "'Would never acquire a loss-making business': Ola CEO on merger with Uber")
RBI guidelines may lead to high compliance cost for digital lending apps
Industry associations are likely to approach the RBI to weed out any interpretational ambiguity
 "RBI guidelines may lead to high compliance cost for digital lending apps")
Prep for funding winter: SoftBank warns its portfolio firms of cost cutting
Japanese tech investor asks portfolio firms to conserve cash reserves for 12-24 months
 "Prep for funding winter: SoftBank warns its portfolio firms of cost cutting")
Changing customer behaviour helps establish new age e-commerce models
New e-commerce players have set a hawk-eye focus on the latest dynamic trends to ensure success for years to come
 "Changing customer behaviour helps establish new age e-commerce models")
SoftBank-backed Meesho adds 8 Indian languages to tap more users
Social commerce platform seeks to widen reach during festival season in the country
 "SoftBank-backed Meesho adds 8 Indian languages to tap more users")
Amazon sets up grant for Indian entrepreneurs to build logistics business
Programme will help women, persons with disability, and people from the LGBTQIA+ community
 "Amazon sets up grant for Indian entrepreneurs to build logistics business")
Good Glamm Group strengthens video content strategy to reach more users
Good Media Co. will be investing $5 million in growing its video assets and digital media platforms to increase reach by 150 per cent and scale revenue across the Good Glamm Group brands by 50%
 "Good Glamm Group strengthens video content strategy to reach more users")
upGrad raises $210 mn funding, eyes acquisitions in US, Southeast Asia
The funding has helped the firm double its valuation to $2.25 billion
 "upGrad raises $210 mn funding, eyes acquisitions in US, Southeast Asia")
Shoppers from tier-I and tier-II cities drive India's e-commerce growth
Growth was powered by the direct-to-consumer (D2C) segment
 "Shoppers from tier-I and tier-II cities drive India's e-commerce growth")
India team working on core aspects of crypto products: PayPal's Aoki
Company committed to rules and can 'ease the minds of regulators', says executive about Indian concerns on digital assets
 "India team working on core aspects of crypto products: PayPal's Aoki")
Swiggy announces moonlighting policy that allows employees side gigs
Projects should be outside office hours and must not clash with the food delivery company's business
 "Swiggy announces moonlighting policy that allows employees side gigs")
Amazon expands partnership with Railways for deliveries in festive season
National transporter enables company to meet delivery promises to customers in the hinterlands
 "Amazon expands partnership with Railways for deliveries in festive season")
EV firm River gets $11 mn in funding to set up manufacturing plant
Uber and Twitter investor Chris Sacca's fund backs Bengaluru-based company preparing its first electric scooter
 "EV firm River gets $11 mn in funding to set up manufacturing plant")
Uber users in Delhi, NCR can book their rides using Hindi on WhatsApp
Uber users can now avail its services on WhatsApp in both Hindi and English languages
 "Uber users in Delhi, NCR can book their rides using Hindi on WhatsApp")
Google-backed Open plans to onboard 10 mn small businesses in three year
Open competes with players such as Razorpay and British fintech firms like Revolut and Tide
 "Google-backed Open plans to onboard 10 mn small businesses in three year")
BharatPe founder Bhavik Koladiya quits, months after Ashneer Grover's exit
According to a media report, Koladiya's departure is due to a disagreement between him and BharatPe as well as the company's Chief Executive Officer Suhail Sameer.
 "BharatPe founder Bhavik Koladiya quits, months after Ashneer Grover's exit")
Ronnie Screwvala-led upGrad taps Bharat to help learners get govt jobs
upGrad is planning to expand its operations in rural India with various programmes including upskilling the talent present there for job opportunities in the private sector
 "Ronnie Screwvala-led upGrad taps Bharat to help learners get govt jobs")
PhonePe reaches settlement with Affle Global to acquire Indus OS
The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.
 "PhonePe reaches settlement with Affle Global to acquire Indus OS")
Ola Electric to locally make battery cells under Centre's PLI scheme
Ola Electric is investing about $500 million for setting up its battery innovation centre (BIC) in Bengaluru
