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.
Page 6 - Peerzada Abrar
Indian startup Healthify closes $45 mn funding round to drive US expansion
Company uses AI to recommend personalised fitness and nutrition plans
 "Indian startup Healthify closes $45 mn funding round to drive US expansion")
More jobs, investment: Space industry welcomes Rs 1K crore VC fund
Industry welcomes move to expand the space economy to $44 billion by 2033
 "More jobs, investment: Space industry welcomes Rs 1K crore VC fund")
How cash-on-delivery makes delivery agents an easy target of violence
A murder has brought into focus the risks agents face during cash-on-delivery orders
 "How cash-on-delivery makes delivery agents an easy target of violence")
Trai's new traceability rules won't disrupt e-commerce OTP services
Trai's new mandate, set to take effect on November 1, would require traceability of messages sent by principal entities, including banks, e-commerce platforms, and financial institutions
 "Trai's new traceability rules won't disrupt e-commerce OTP services")
Supreme Court sets aside NCLAT order halting Byju's insolvency proceedings
With this, Byju Raveendran and his brother Riju Raveendran have again lost control over Think and Learn Pvt Ltd or Byju's
 "Supreme Court sets aside NCLAT order halting Byju's insolvency proceedings")
Blinkit rolls out Seller Hub for easier onboarding of sellers, brands
The programme, on the lines of Fulfilled by Amazon (FBA), has already attracted over 200 brands
 "Blinkit rolls out Seller Hub for easier onboarding of sellers, brands")
India holds immense potential in shaping future of AI: Meta's Yann LeCun
LeCun also said that AI won't take over humans, but will amplify human intelligence
 "India holds immense potential in shaping future of AI: Meta's Yann LeCun")
Humans.ai eyes 'positive' Indian market with its AI Counselor tech
International deep tech company Humans.ai has developed ION, which represents an effort to leverage AI technologies to facilitate communication and decision-making processes within the government
 "Humans.ai eyes 'positive' Indian market with its AI Counselor tech")
Uber Auto and Moto services to drive Rs 36k cr in economic activity in 2024
In 2024, a report compiled by consultancy Public First, estimates that driver-partners earn an additional 60% a year in higher income through Uber, relative to their next best alternative type of work
 "Uber Auto and Moto services to drive Rs 36k cr in economic activity in 2024")
CL Educate plans global expansion after NSEIT's DEX business buy
Post this acquisition, it will enter the digital assessment market, which is projected to touch over Rs 13,000 crore in India by 2028
 "CL Educate plans global expansion after NSEIT's DEX business buy")
Byju Raveendran, Pai planning an 'out-of-court' settlement with US lenders
The dispute revolves around the $1.5 billion Term Loan B (TLB) guaranteed by Think and Learn Pvt Ltd, the parent of Byju's
 "Byju Raveendran, Pai planning an 'out-of-court' settlement with US lenders")
Fashion, premium electronics fuel shopping boom during festive season
E-commerce festive sales in 2024 have shown dynamic growth patterns, building on the momentum from last year, according to an analysis by Redseer Strategy Consultants
 "Fashion, premium electronics fuel shopping boom during festive season")
Byju introspects, says Byju's worth zero now, promises a turnaround
Last month, the Supreme Court reserved its verdict on a plea of a US firm against NCLAT order stopping insolvency proceedings against Byju's
 "Byju introspects, says Byju's worth zero now, promises a turnaround")
upGrad commits Rs 200 cr training programme for PM's internship scheme
The firm has created a specialised course with nine comprehensive modules and virtual classrooms
 "upGrad commits Rs 200 cr training programme for PM's internship scheme")
GenAI start-up landscape witness broad-based growth, crosses 240 in H1 2024
Net funding addition of $152 million since H1 CY2023, cumulative funding grows over $750 million since 2023, according to Nasscom report
 "GenAI start-up landscape witness broad-based growth, crosses 240 in H1 2024")
Licious FY24 loss drops by 44%, 3rd party channel closures impact revenue
This growth is majorly fueled by the launch of 17 native GenAI language models in India, a 4.6 times surge in GenAI services
 "Licious FY24 loss drops by 44%, 3rd party channel closures impact revenue")
Shoe startup Yoho aims to fill the market gap in comfortable footwear
The direct-to-consumer footwear brand aims to enhance customer experience and product offerings following a Rs 27 crore funding boost. It will deploy the funds to drive business growth and innovation
 "Shoe startup Yoho aims to fill the market gap in comfortable footwear")
Neuron7.ai secures $44 million in Series B led by Smith Point Capital
The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024
 "Neuron7.ai secures $44 million in Series B led by Smith Point Capital")
IBM acquires Prescinto for renewable energy asset performance management
Prescinto's APM capabilities help organisations simplify operations and maintenance to maximise ROI
 "IBM acquires Prescinto for renewable energy asset performance management")
Avaada Energy closes Rs 597 crore refinancing for solar projects
The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund dedicated to refinancing operational infrastructure projects
 "Avaada Energy closes Rs 597 crore refinancing for solar projects")
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