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.
Page 94 - Peerzada Abrar/workspace/business Standard Web/undefined
Google-backed Glance launches live content platform for smart TVs
Glance TV aims to be present on approximately 30 per cent of all smart TVs in India soon
 "Google-backed Glance launches live content platform for smart TVs")
Amazon's apps witness nearly 500 mn cumulative downloads in India
Amazon counts Walmart-owned Flipkart, Reliance's JioMart and Tata among its rivals to tap the booming e-commerce market, which is expected to reach $350 billion by 2030 from $45-50 billion now
 "Amazon's apps witness nearly 500 mn cumulative downloads in India")
Flipkart launches its first grocery fulfilment centre in Northeast
The facility will cater to grocery needs of customers in over 800 pin codes across Guwahati and neighbouring cities and towns
 "Flipkart launches its first grocery fulfilment centre in Northeast")
SoftBank-backed Unacademy lays off 600 employees in cost-cutting drive
That's nearly 10% of the company's workforce and comes in the aftermath of the pandemic; the move follows termination if 100 staffers from PropLadder team in March
 "SoftBank-backed Unacademy lays off 600 employees in cost-cutting drive")
Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz
The firm now aims for a US listing in 2023 instead of this year, say sources. This would be the biggest consumer tech IPO in India
 "Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz")
Employee wellness platform Nova Benefits aims to cover 10 mn lives by 2025
It works with over 250 companies and covers employers with teams as compact as 10 employees.
 "Employee wellness platform Nova Benefits aims to cover 10 mn lives by 2025")
AI-based content firm Instoried raises $200 mn from GEM, seeks to go public
Funding comes in under 6 months after Instoried announced Series A round; firm says this makes it the fastest-growing deep tech startup led by a woman founder
 "AI-based content firm Instoried raises $200 mn from GEM, seeks to go public")
Bounce Infinity starts rolling out electric scooter; deliveries on Apr 18
Firm competes with electric two-wheeler makers such as SoftBank-backed Ola Electric, Ather Energy, Hero Electric, Bajaj's Chetak, TVS Motor Company, and Boom Motors
 "Bounce Infinity starts rolling out electric scooter; deliveries on Apr 18")
Rebel Foods acquires controlling stakes in luxury chocolate brand SMOOR
"This investment gives us further confidence that we have been able to consistently choose outstanding brands," said Raghav Joshi, co-founder, Rebel Foods
 "Rebel Foods acquires controlling stakes in luxury chocolate brand SMOOR")
25% of patients could have caught Covid-19 in all 3 waves: Practo Report
The report 'Understanding Covid-19: Comparing all three waves in India' analyses how Indians accessed healthcare during the three covid waves.
 "25% of patients could have caught Covid-19 in all 3 waves: Practo Report")
Food delivery apps Zomato, Swiggy hit by hour-long technical glitch
Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM
 "Food delivery apps Zomato, Swiggy hit by hour-long technical glitch")
Flipkart taps healthcare sector with brand new 'Flipkart Health+' app
The tech platform Flipkart enables access to genuine medicines and healthcare products, and services for millions of customers across the country.
 "Flipkart taps healthcare sector with brand new 'Flipkart Health+' app")
Google-backed Dunzo launches instant grocery delivery service in Mumbai
In less than a year, 'Dunzo Daily' is growing at a rate of more than 100 per cent month on month and is expected to fulfill more than 200,000 orders per day by June 2022
 "Google-backed Dunzo launches instant grocery delivery service in Mumbai")
Google Maps rolls out toll prices to help people plan their trips better
For those looking to explore alternative routes, Google Maps will continue to provide the option of a toll-free route, where available, alongside options with tolls.
 "Google Maps rolls out toll prices to help people plan their trips better")
Local language tech platform VerSe Innovation's valuation crosses $5 bn
The investment will be focused on strengthening the company's leadership position in the country. VerSe plans to both deepen and broaden its AI and ML (machine learning) and data science capabilities
 "Local language tech platform VerSe Innovation's valuation crosses $5 bn")
Gupshup acquires Active.Ai to strengthen customer experience solutions
Active.Ai serves BFSI customers across 43 countries with conversational banking as a service platform that helps clients engage with millions of consumers every month
 "Gupshup acquires Active.Ai to strengthen customer experience solutions")
PhonePe plans to fill 2800 positions in 12 mths, to hire across functions
The Walmart-owned fintech firm is focused on doubling employee strength to about 5400.
 "PhonePe plans to fill 2800 positions in 12 mths, to hire across functions")
Meesho integrates grocery with core application; rebrands Farmiso
Meesho Superstore currently provides 500 products across categories like fresh fruits, vegetables, groceries, home care, and packaged food.
 "Meesho integrates grocery with core application; rebrands Farmiso")
FRL making a mockery of Indian courts, says Amazon in SC submission
Accuses the Kishore Biyani-led retailer of making false statements before courts, including SC, about its $3.4 billion asset deal with Reliance Industries
 "FRL making a mockery of Indian courts, says Amazon in SC submission")
Edtech unicorns go hybrid to tap India's $180 billion education sector
Innovations and strategies in the works to build offline presence
 "Edtech unicorns go hybrid to tap India's $180 billion education sector")
