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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Byju's announced as an official sponsor of FIFA World Cup Qatar 2022
Byju Raveendran, Byju's founder, and CEO, said the company is excited to be sponsoring the FIFA World Cup Qatar 2022, the biggest single-sport event in the world.
 "Byju's announced as an official sponsor of FIFA World Cup Qatar 2022")
Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha
The new entity, which will be a wholly-owned subsidiary of Byju's in Qatar, will introduce Byju's personalised and innovative learning offerings to the region
 "Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha")
udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market
Grocery needs supply chain of fulfillment centres or hubs in an area or region, and several small branches serviced from those centres; it is this challenge udaan is meeting
 "udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market")
Multiples PE leads $111-mn funding round in Kogta Financial
Kogta focuses on the large and underserved used vehicle finance market and MSME loans
 "Multiples PE leads $111-mn funding round in Kogta Financial")
'Rapid digital adoption, more capital flow leading to tech talent crunch'
The findings were made by Scaler, which released annual 'Hiring Trends Report 2022', capturing the current hiring trends and demands of the Indian IT industry
 "'Rapid digital adoption, more capital flow leading to tech talent crunch'")
Microsoft to empower Indian startups from idea to unicorn with new platform
The platform offers over $300,000 worth of benefits and credits, giving startups free access to the technology, tools, and resources they need to build and run their business
 "Microsoft to empower Indian startups from idea to unicorn with new platform")
Edtech firm Vedantu launches platform for immersive live learning
W.A.V.E 2.0 technology measures more than 100 parameters using artificial intelligence and machine learning.
 "Edtech firm Vedantu launches platform for immersive live learning")
D2C business enabler Instamojo reports revenue growth from online stores
Contribution jumped from 2% to 20% in one year after the launch of the beta version, says start-up.
 "D2C business enabler Instamojo reports revenue growth from online stores")
Builder.ai raises $100 mn in Series C round to scale up AI capabilities
Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all
 "Builder.ai raises $100 mn in Series C round to scale up AI capabilities")
SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist
The double gold medallist from IIT Delhi Mukherjee has held leadership roles at ShareChat, Hike and Myntra
 "SoftBank-backed Meesho names Debdoot Mukherjee chief data scientist")
Tech firms translate heartbeats on phones, use AI to boost maternal health
Today one can monitor and blood glucose on smartphones, Using AI, one can address shortage of expertise in reading ultrasounds to allow for healthier pregnancies and better outcomes for moms & babies
 "Tech firms translate heartbeats on phones, use AI to boost maternal health")
LambdaTest closes $45 million in a venture round led by Premji Invest
Firm's platform is used by over 1 mn developers and testers globally. The company has run more than 100 mn tests since inception, has grown its business by 300% in the past year
 "LambdaTest closes $45 million in a venture round led by Premji Invest")
Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad
Qure.ai's advanced technology reads and interprets medical images like X-rays, CTs, and ultrasounds in under a minute, making equitable, quality healthcare a reality across the globe
 "Qure.ai raises $40 mn from healthcare investors Novo Holdings, HealthQuad")
Classplus bags $70 mn in Series D round co-led by Alpha Wave, Tiger Global
The new round values Classplus close to $600 million, a more than 2X jump in the valuation from the previous round.
 "Classplus bags $70 mn in Series D round co-led by Alpha Wave, Tiger Global")
Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report
'E-commerce, consumer platforms, and IT services sectors were favorites among investors, recording 56% of total deal value in 2021,' says 'India Investments Pulse' report by Praxis Global Alliance
 "Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report")
Spacetech startup Pixxel raises $25-mn funding led by Radical Venture
The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
 "Spacetech startup Pixxel raises $25-mn funding led by Radical Venture")
upGrad says study-abroad unit set to become largest player in South Asia
Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.
 "upGrad says study-abroad unit set to become largest player in South Asia")
Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn
Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods started its journey with Faasos in Pune
 "Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth $10 mn")
Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer
Relaxation in rules governing degrees, supply-side capacity gap will be key drivers of this growth, going forward
 "Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer")
BabyChakra acquires Tinystep to build India's largest mother-baby platform
Deal, whose value wasn't disclosed, will allow BabyChakra to expand regional footprint with a platform covering 9 languages
 "BabyChakra acquires Tinystep to build India's largest mother-baby platform")
