 "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 their 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, where he covered the entrepreneurship ecosystem, start-ups, 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 their 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, where he covered the entrepreneurship ecosystem, start-ups, 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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Jeh Aerospace opens next-gen manufacturing hub as global orders surge
Jeh Aerospace has launched its next-generation Mach 2 manufacturing hub in Hyderabad, expanding capacity nearly fourfold and embedding AI, autonomous machining and digital-twin systems
 "Jeh Aerospace opens next-gen manufacturing hub as global orders surge")
Pulse secures 100 mn euros funding from Castlelake to expand SME lending
The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending
 "Pulse secures 100 mn euros funding from Castlelake to expand SME lending")
Luma AI secures $900 mn to accelerate multimodal AGI frontier push
This Series C is a milestone in the company's mission to build multimodal general intelligence: AI that can generate, understand and operate in the physical world
 "Luma AI secures $900 mn to accelerate multimodal AGI frontier push")
India may lose tech edge unless big firms scale up AI spending: MeitY
MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge
 "India may lose tech edge unless big firms scale up AI spending: MeitY")
Meesho emerges as India's top free-cash-flow generator ahead of IPO
IPO-bound Meesho has swung to positive free cash flow in FY25, with analysts crediting its no-inventory, no-logistics, asset-light model for driving margins, capital efficiency and rapid scale
 "Meesho emerges as India's top free-cash-flow generator ahead of IPO")
$533 million 'roundtripped' to Byju Raveendran, affiliates: US court filing
Founder, other affiliates reject allegations made in the Delaware court
 "$533 million 'roundtripped' to Byju Raveendran, affiliates: US court filing")
We need to brace up because of unpredictable US policy: Priyank Kharge
The state's IT and biotechnology minister outlines strategies to attract investment, foster DeepTech and AI, and develop specialised talent amid global trade and visa challenges
 "We need to brace up because of unpredictable US policy: Priyank Kharge")
Karnataka launches KEO, a low-cost AI-ready PC to bridge the digital divide
Karnataka has introduced KEO, a RISC-V-based, AI-ready personal computer designed to offer affordable, locally built computing to students, households and small businesses, aiming to narrow the state'
 "Karnataka launches KEO, a low-cost AI-ready PC to bridge the digital divide")
Karnataka bets on quantum push to build a deep-tech hub beyond Bengaluru
New Centres of Excellence at IIIT and IIT Dharwad aim to expand high-end research, talent pipelines and industry partnerships beyond Bengaluru
 "Karnataka bets on quantum push to build a deep-tech hub beyond Bengaluru")
Eternal founder Deepinder Goyal pushes theory that gravity ages the brain
Eternal founder Deepinder Goyal says upright posture reduces blood flow over decades, proposes inversions as countermeasure
 "Eternal founder Deepinder Goyal pushes theory that gravity ages the brain")
Lenskart debuts Meller in India as it ramps up premium eyewear push
Launch of the Barcelona-born label strengthens the company's house-of-brands strategy amid rising demand for fashion-forward eyewear
 "Lenskart debuts Meller in India as it ramps up premium eyewear push")
Flipkart adopts zero commission on sub-₹1,000 goods to boost value commerce
Flipkart has removed commissions for products priced below ₹1,000 and extended the model across Shopsy, aiming to attract MSME sellers
 "Flipkart adopts zero commission on sub-₹1,000 goods to boost value commerce")
Ecom logistics sector seeks clarity on GST rules for delivery, GTA services
MSME-focused e-commerce platforms have warned that ambiguity over GST treatment of local delivery and GTA services is creating compliance risks, potential double taxation, and operational disruptions
 "Ecom logistics sector seeks clarity on GST rules for delivery, GTA services")
Meesho leads India's value-commerce market with asset-light model: BofA
The IPO-bound e-commerce firm is expanding its low-cost platform as India's online retail sector heads for 20% annual growth
Billionaire Ranjan Pai's Manipal Group eyes Byju's parent in insolvency bid
The education and healthcare major has filed an EOI to join the resolution process for Think & Learn
 "Billionaire Ranjan Pai's Manipal Group eyes Byju's parent in insolvency bid")
BoAt posts fivefold revenue growth to ₹3,100 cr, returns to profit in FY25
IPO-bound boAt has emerged as a top digital-first consumer tech brand, recording rapid revenue expansion, a return to profitability, and stronger EBITDA margins as it deepens presence across audio
 "BoAt posts fivefold revenue growth to ₹3,100 cr, returns to profit in FY25")
Tetr College secures $18 mn to widen campuses, launch new programmes
Tetr has witnessed strong growth in its second year, with applications rising by more than 50 per cent. Buoyed by the global response, the college increased intake to 200 students from 50 countries
 "Tetr College secures $18 mn to widen campuses, launch new programmes")
Priyank Kharge: Govt-industry ties vital for India's deeptech growth
Karnataka IT Minister Priyank Kharge said the State aims to lead globally in deeptech innovation, emphasising collaboration between government and industry to boost entrepreneurship and talent
 "Priyank Kharge: Govt-industry ties vital for India's deeptech growth")
Bombay Shaving Company raises ₹136 cr ahead of IPO, hits ₹550 cr run-rate
The grooming brand raised Rs 136 crore from Sixth Sense Ventures, founder Shantanu Deshpande, Rahul Dravid, and others as it plans an IPO after achieving profitability and Rs 550 crore run-rate
 "Bombay Shaving Company raises ₹136 cr ahead of IPO, hits ₹550 cr run-rate")
Ensono bets $250 mn on AI to modernise IT services, expand in India
The US-based IT services firm will invest $250 million in AI over five years and launch a dedicated AI and Innovation Division, with more than half its 3,800 global employees based in India
 "Ensono bets $250 mn on AI to modernise IT services, expand in India")