 "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.
Peerzada Abrar
Coram AI raises $35 million to bring autonomous tech to security
The startup, founded by former Lyft self-driving executives, plans to expand its India engineering team as demand grows for AI-powered physical security solutions
 "Coram AI raises $35 million to bring autonomous tech to security")
The CA who went home and built a Rs 1,176 cr rural e-commerce startup
Prasanna Kumar walked away from the corporate life to solve the supply chain problem he saw as a child and built VilCart - an e-com startup for 100,000 kirana stores across rural South India
 "The CA who went home and built a Rs 1,176 cr rural e-commerce startup")
PhonePe launches AI tool to help merchants build payment pages in minutes
SmartPages enables businesses to generate customised payment pages using simple text prompts, removing the need for coding or design expertise
 "PhonePe launches AI tool to help merchants build payment pages in minutes")
Dark patterns cost Indian online shoppers up to ₹28,000 cr a year: Study
A Datum Intelligence study finds hidden charges and deceptive checkout practices are eroding consumer trust and putting more than Rs 55,000 crore in e-commerce spending at risk
 "Dark patterns cost Indian online shoppers up to ₹28,000 cr a year: Study")
Flipkart joins Meta affiliate programme to expand creator-led shopping
The partnership will allow creators to tag products from Flipkart and Myntra on Meta platforms, helping shoppers move seamlessly from discovery to purchase
 "Flipkart joins Meta affiliate programme to expand creator-led shopping")
We'll definitely win in India: Amazon country manager Samir Kumar
Amazon India Country Manager Samir Kumar on the company's $35 billion bet, the quick-commerce race, and why he believes it's still early innings for e-commerce in India
 "We'll definitely win in India: Amazon country manager Samir Kumar")
Over 75% of Meesho orders now come from AI-powered recommendations
Meesho says its PRISM recommendation engine is reshaping product discovery, with AI-driven personalised feeds powering most orders on the platform
 "Over 75% of Meesho orders now come from AI-powered recommendations")
Kuku files confidentially for ₹3,500 cr IPO, eyes ₹15,000 cr valuation
The company, which operates Indian language audio and short-video apps under the Kuku FM and Kuku TV brands, respectively, seeks a valuation of up to ₹15,000 crore
 "Kuku files confidentially for ₹3,500 cr IPO, eyes ₹15,000 cr valuation")
Reserve Bank of India issues compounding order in Myntra Designs FEMA case
Walmart-owned online fashion retailer paid Rs 2.88 lakh to settle alleged contraventions related to overseas investment reporting and commitments
 "Reserve Bank of India issues compounding order in Myntra Designs FEMA case")
Flipkart bets on payments, biometrics and loyalty ahead of IPO push plans
The Walmart-owned e-commerce giant is expanding into biometrics, credit and loyalty programmes to boost growth, improve margins and strengthen customer engagement
 "Flipkart bets on payments, biometrics and loyalty ahead of IPO push plans")
Ola Electric shares under pressure after QIP bid for fresh funds
The stock opened down 3 per cent at ₹38.50 on the National Stock Exchange and touched a low of ₹38.08 before trimming some losses.
 "Ola Electric shares under pressure after QIP bid for fresh funds")
Cars24 launches AI Labs, commits $20 mn to back AI startups and founders
Auto-tech platform Cars24 launches AI Labs to build AI-first products and support founders through funding, mentorship and partnerships with OpenAI, AWS and ElevenLabs
 "Cars24 launches AI Labs, commits $20 mn to back AI startups and founders")
AI has moved beyond hype into payoff phase, says HPE's Suresh Babu
Babu, who leads HPE's worldwide high-performance computing (HPC) and AI strategy, shares insights on supercomputers, sovereign AI & why India's moment in the global AI race is closer than it appears
 "AI has moved beyond hype into payoff phase, says HPE's Suresh Babu")
Singapore court sentences Byju's founder to six months in jail for contempt
Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case
 "Singapore court sentences Byju's founder to six months in jail for contempt")
From hyperloop to orbit: The IIT alumni who want to see through clouds
GalaxEye founder Suyash Singh and his co-founders spent five years building Drishti, a satellite that sees through clouds even at night, and which was launched earlier this month on a SpaceX rocket
 "From hyperloop to orbit: The IIT alumni who want to see through clouds")
'Pronto's use of customer data early test of DPDP Act implementation'
India's data-protection framework offers some guardrails but leaves wide room for interpretation in how those rules apply to AI training
 "'Pronto's use of customer data early test of DPDP Act implementation'")
Fundamentum spins up AI, deep-tech investing platform with ₹2,000 cr fund
New vehicle, backed by anchor investor Nandan Nilekani, will target frontier technologies across consumer, enterprise and physical AI and oversee up to ₹1,000 crore in co-investments
 "Fundamentum spins up AI, deep-tech investing platform with ₹2,000 cr fund")
As Strait of Hormuz fears grow, Canada makes an energy pitch to India
With conflict in West Asia raising concerns over energy security, Canada's High Commissioner to India, Chris Cooter, says new export infrastructure could help channel oil, LNG & LPG supplies to India
 "As Strait of Hormuz fears grow, Canada makes an energy pitch to India")
Flipkart's Shopsy bets on AI to win India's next 100 million shoppers
The platform is moving beyond offers-led commerce with gamified shopping and personalised discovery aimed at Gen Z and smaller cities
 "Flipkart's Shopsy bets on AI to win India's next 100 million shoppers")
Flipkart taps India Post to expand e-commerce reach across smaller towns
The partnership will begin in Maharashtra and Gujarat, combining India Post's network of over 150,000 post offices with Flipkart's commerce infrastructure