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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Pine Labs appoints ex-Amazon India HR Head as its chief people officer
Prior to Amazon, Vijayalakshmi Swaminathan was a founding partner at CoCoon Consulting, a cross-sectoral boutique HR consulting firm
 "Pine Labs appoints ex-Amazon India HR Head as its chief people officer")
Myntra's vice president and head of marketing Achint Setia to move on
He had brought 17 years of expertise in scaling businesses in consumer tech and media to the organisation
 "Myntra's vice president and head of marketing Achint Setia to move on")
Swiggy signs deal with Times Internet to acquire Dineout for unknown sum
Dineout will continue to run as an independent app post acquisition; Swiggy to get access to several new restaurant partners, existing Dineout team
 "Swiggy signs deal with Times Internet to acquire Dineout for unknown sum")
SoftBank logs $13 bn FY net loss, will trim tech investment portfolio
'We have to prepare for the worst; be in defence mode,' says Masayoshi Son, company CEO and founder
 "SoftBank logs $13 bn FY net loss, will trim tech investment portfolio")
Uber CEO's letter signals more scrutiny of investments, say experts
SoftBank's $1.4 billion investment in Indian fintech firm Paytm currently has a fair value of around $800 million
 "Uber CEO's letter signals more scrutiny of investments, say experts")
AWS, Apeejay Education start programme for National Education Policy
The initiative will enable academic institutions in India to align with the technical requirements of the government's National Education Policy 2020.
 "AWS, Apeejay Education start programme for National Education Policy")
Uber ramps up India hiring, to hire 500 engineers for its tech centres
The company said the hiring plan is a testament to Uber's commitment to India, and its recognition of the engineering talent in the country.
 "Uber ramps up India hiring, to hire 500 engineers for its tech centres")
Govt reads out the riot act to cab aggregators amid rise in complaints
Takes tough stand on ride cancellation and surge pricing
 "Govt reads out the riot act to cab aggregators amid rise in complaints")
OnePlus bets on Nord to take premium phone experience to small towns
In less than three years of its inception, OnePlus said the Nord category has become a community favourite. This is crucial as India is the largest smartphone market after China
 "OnePlus bets on Nord to take premium phone experience to small towns")
Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal
This is the fintech unicorn's fourth and largest ESOP sale for existing and former employees, irrespective of ranks
 "Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal")
'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover
Initiative entails a pledge to plant one tree in and around Bengaluru for every Goldman employee in India by 2025
 "'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover")
Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO
Rated among India's top analysts, he has been associated with organisations such as JP Morgan, Infosys and IDFC
 "Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO")
Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation
Goyal was granted ESOPS by Zomato's investors and board based on his performance right before the company went public last year
 "Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation")
JPIN launches funds worth $150 mn to promote startups in India, worldwide
The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.
 "JPIN launches funds worth $150 mn to promote startups in India, worldwide")
Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads
The funding to Redcliffe Lifetech would help the diagnostic platforms to expand access to affordable, high-quality diagnostic tests across India, especially in tier 2, 3, and 4 cities
 "Redcliffe Lifetech raises $61 mn for expansion; LeapFrog Investments leads")
Arun Sirdeshmukh, CEO of Ola's vehicle commerce unit, is leaving company
Ride-hailing firm has deferred its proposed IPO, and is said to be tackling a string of exits by senior executives.
 "Arun Sirdeshmukh, CEO of Ola's vehicle commerce unit, is leaving company")
45% growth in active internet users in rural India since 2019: Study
The study revealed that female active internet users grew by a whopping 61% since 2019
 "45% growth in active internet users in rural India since 2019: Study")
MPL launches Mayhem Studios to step up development of mobile games
The studio will have a team of professionals in the area of animation, art, cinematics, design, engineering, UI and UX game design and game production.
 "MPL launches Mayhem Studios to step up development of mobile games")
GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others
Funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing tie-ups, and expansion in-vitro diagnostics
 "GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others")
Indians on Amazon Global Selling to enable $20 bn in exports by 2025
Amazon has doubled the exports pledge and the Indian exporters are on track to surpass $5 billion in cumulative exports on the e-commerce platform.
 "Indians on Amazon Global Selling to enable $20 bn in exports by 2025")
