 "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
Myntra creates 26,000 seasonal jobs ahead of Big Fashion Festival
Online fashion retailer more than doubles its seasonal workforce from last year as it expands fulfilment, delivery and customer-service capacity for the festive event
 "Myntra creates 26,000 seasonal jobs ahead of Big Fashion Festival")
Ultraviolette raises $85 mn to expand EV production, enter US market
Yali Capital and TDK Ventures led the funding round as the Indian electric two-wheeler maker prepares to enter the US in 2027 and expand across Latin America and Southeast Asia
 "Ultraviolette raises $85 mn to expand EV production, enter US market")
On AI, we are Navy SEALs, never the army: Publicis Sapient CEO Nigel Vaz
Publicis Sapient CEO Nigel Vaz on why his company skipped the low-cost, headcount-driven model that built India's IT industry, and bet on AI instead
 "On AI, we are Navy SEALs, never the army: Publicis Sapient CEO Nigel Vaz")
Indian founders account for $560 billion of company value abroad
Founders who grew up in India account for $560 billion of founder-share-attributed value across 205 current and former unicorns abroad, Prosus and Dealroom find
 "Indian founders account for $560 billion of company value abroad")
For India's ecomm players, the new race is to deliver iPhones in minutes
Bigbasket delivered more than five iPhone 18 Pro and Pro Max devices a minute after sales opened as quick-commerce firms expand beyond everyday essentials
 "For India's ecomm players, the new race is to deliver iPhones in minutes")
Meesho's Valmo helps 10,000 delivery partners file income tax returns
The programme has helped partners claim Rs 2 crore in refunds, with nearly 70 per cent of those who initiated income tax return filing being first-time tax filers.
 "Meesho's Valmo helps 10,000 delivery partners file income tax returns")
Practo names Jagnoor Singh CEO, Shashank ND Singh executive chairman
The leadership reshuffle comes as Practo grows 40 per cent year-on-year and remains profitable, while expanding in the UAE and US and investing in artificial intelligence.
 "Practo names Jagnoor Singh CEO, Shashank ND Singh executive chairman")
An 11-year bet on rented sofas pays off for Accel as RentoMojo lists
RentoMojo shares jumped nearly 19% on debut as Accel, the platform's earliest institutional backer, sold about ₹317 crore of stock, the single largest stake in the IPO
 "An 11-year bet on rented sofas pays off for Accel as RentoMojo lists")
Quick commerce becomes the new battleground as festive season approaches
E-commerce giants bank on speed as they expand beyond metros ahead of Big Billion Days, Great Indian Festival sale event.
 "Quick commerce becomes the new battleground as festive season approaches")
Flipkart creates over 250,000 festive jobs as ecommerce demand rises
Nearly 75,000 opportunities are for first-time workers, as the Walmart-owned company expands its delivery network with 900 new hubs
 "Flipkart creates over 250,000 festive jobs as ecommerce demand rises")
Amazon Now hits $1 bn annualised gross sales as quick-commerce battle grows
Amazon's instant-delivery service has expanded to more than 60 cities in less than 10 weeks and is on track to reach 100 cities by Diwali, intensifying competition
 "Amazon Now hits $1 bn annualised gross sales as quick-commerce battle grows")
Amazon announces operations network expansion ahead of festive season
Amazon has opened 20 fulfilment centres, six sort centres and 150 delivery stations, expanding storage capacity by 50 per cent and strengthening its reach beyond metros.
 "Amazon announces operations network expansion ahead of festive season")
Brics bets on AI, startups as India pushes innovation-led growth agenda
Brics summit commits to AI governance, a proposed startup fund, and highlights India's AI Impact Summit and financial-hub initiatives as the bloc courts founders and investors across the Global South
 "Brics bets on AI, startups as India pushes innovation-led growth agenda")
Ecom firms may face higher compliance burden under new consumer rules
Amended rules require greater disclosure on pricing, search results, dark patterns and product information, with companies given until January 2027 to comply
 "Ecom firms may face higher compliance burden under new consumer rules")
Flipkart Minutes quadruples business as quick-commerce battle intensifies
Flipkart's quick-commerce arm has expanded to nearly 1,200 micro-fulfilment centres across more than 150 cities as competition in instant delivery intensifies
 "Flipkart Minutes quadruples business as quick-commerce battle intensifies")
OfBusiness deepens manufacturing across metals, chemicals and apparel
Tapping value-added production opportunities may boost supply-chain control and margins; owned capacity now spans over 40 products and direct headcount has crossed 35,000
QNu Labs raises ₹200 crore as demand for quantum-safe security builds
The funding will support technology development and global expansion as governments and enterprises prepare for a shift towards quantum-safe cybersecurity infrastructure
 "QNu Labs raises ₹200 crore as demand for quantum-safe security builds")
Kuku Technologies plans 1,000 hires for AI-powered content production
The mobile-content company is building an AI-native production unit to cut costs and accelerate the creation of micro-dramas for India and global markets
 "Kuku Technologies plans 1,000 hires for AI-powered content production")
India's ecommerce market looks at AI to drive next leg of growth
Executives says customer relevance, responsive supply chains are key
 "India's ecommerce market looks at AI to drive next leg of growth")
Amazon India seller base tops 2 million ahead of festive season
More than 300,000 sellers joined the marketplace in the 15-18 months as Amazon lowers fees and expands AI tools and fulfillment services
 "Amazon India seller base tops 2 million ahead of festive season")