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.
Peerzada Abrar
Zero-commission model can raise driver incomes, says ONDC white paper
It reveals how open network models such as zero commission boost inclusive growth and strengthen local economies
 "Zero-commission model can raise driver incomes, says ONDC white paper")
Our India centre global innovation hub, not low-cost back office: Jayabalan
Jayabalan said the India GTDC is playing a crucial role for driving global innovations at the firm and the plan is to continue scaling up the centre both in terms of capacity and capabilities
 "Our India centre global innovation hub, not low-cost back office: Jayabalan")
Exotel accelerates AI-led innovations to redefine customer experience
Exotel's expansion into high-growth markets like Saudi Arabia, UAE, and the USA is driving new revenue streams and the company said it is poised for strong growth in FY25
 "Exotel accelerates AI-led innovations to redefine customer experience")
AI firm Krutrim to power Kumbh Sahayak App for Maha Kumbh Mela 2025
The Kumbh Sah'AI'yak app is designed to serve crores of pilgrims and ensures real-time, uninterrupted responses.
 "AI firm Krutrim to power Kumbh Sahayak App for Maha Kumbh Mela 2025")
Small town buyers, Gen Z push Meesho's order growth by 35% in 2024
Despite challenging market conditions, Meesho sustained its growth trajectory, reaching approximately 175 million annual transacting users in 2024
 "Small town buyers, Gen Z push Meesho's order growth by 35% in 2024")
Uber launches women-only bike taxi service 'Moto Women' in Bengaluru
Rolled out first in Bengaluru, Uber has plans to scale it up in other top cities such as Delhi, Mumbai, Kolkata, Chennai, and Hyderabad
 "Uber launches women-only bike taxi service 'Moto Women' in Bengaluru")
As startups expand spacetech innovations for data, funds remain a concern
Spacetech startups are leveraging small satellites, cost-effective launch solutions, and the use of AI to introduce affordable technology that has a wide range of applications
 "As startups expand spacetech innovations for data, funds remain a concern")
Startup reimagines bank lockers with high-tech vaults in gated communities
Aurm, a Bengaluru-based firm brings technology equipped lockers to gated societies, offering 24/7 access, military-grade security, and even insurance coverage
 "Startup reimagines bank lockers with high-tech vaults in gated communities")
Stride Ventures announces surpassing $1 billion in venture debt commitments
The firm said this milestone cements Stride Ventures' leadership as the first Indian fund in this segment to achieve this scale. It has also launched $300 mn Fund IV
 "Stride Ventures announces surpassing $1 billion in venture debt commitments")
Tennis legend Andre Agassi bats for technology in education sector
Agassi, who struggled academically as a young student-athlete, now devotes his life to improving access to education for youth
 "Tennis legend Andre Agassi bats for technology in education sector")
Startup contribution to economy projected to reach $1 trillion by 2030
India's startup ecosystem, valued at over $349 billion, ranks third globally in unicorn count as of May 2024
 "Startup contribution to economy projected to reach $1 trillion by 2030")
Lenskart plans to build largest eyewear manufacturing facility in Telangana
The Gurugram-based eyewear firm has signed a memorandum of understanding (MoU) with the Telangana government to establish the facility at Fab City
 "Lenskart plans to build largest eyewear manufacturing facility in Telangana")
Pixxel raises $24 million, total Series B funding reaches $60 million
Funding will enable Pixxel to speed up the deployment of its Firefly constellation and other upcoming missions
 "Pixxel raises $24 million, total Series B funding reaches $60 million")
Various product categories available via Flipkart Minutes during EOSS sale
Flipkart has announced its 'End of Season Sale' (EOSS) event beginning December 7, 2024
 "Various product categories available via Flipkart Minutes during EOSS sale")
We continue to grow ahead of the market, says Myntra CEO Nandita Sinha
Sinha said Myntra touched 70 million monthly active users during this festive season, and the Gen Z customer base doubled in one year
 "We continue to grow ahead of the market, says Myntra CEO Nandita Sinha")
Flipkart-owned Myntra launches 30-minute order delivery with 'M-Now'
With the launch of M-Now, Myntra is among the first vertical players of scale globally to start delivering fashion at hyper speed
 "Flipkart-owned Myntra launches 30-minute order delivery with 'M-Now'")
PierSight's Varuna satellite set for 24/7 all-weather maritime surveillance
The company has developed Varuna, a maritime surveillance satellite that will aboard the Isro's PSLV launcher as a secondary payload aboard the POEM platform, to help perform in-orbit experiments
 "PierSight's Varuna satellite set for 24/7 all-weather maritime surveillance")
Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr
Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024
 "Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr")
Swiggy expects positive adjusted EBITDA by Q3FY26: Sriharsha Majety
Majety said that he is expecting to see a new wave of opportunities and selection opening for the quick commerce business
 "Swiggy expects positive adjusted EBITDA by Q3FY26: Sriharsha Majety")
Razorpay partners MHA and I4C to boost digital payments security
This collaboration aims to empower businesses and end customers with critical knowledge to protect themselves while promoting widespread awareness about cybersecurity across India
 "Razorpay partners MHA and I4C to boost digital payments security")
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