Nitin Kumar &Amp; Peerzada Abrar

Stories by Nitin Kumar &Amp; Peerzada Abrar

'India one of the attractive markets for AI-led solutions'

'India one of the attractive markets for AI-led solutions'

Rediff.com   16 Apr 2025

'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Rediff.com   3 Apr 2025

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com   31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com   19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com   13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

'If There Was A Stock Market For Love, This Was The Bull Run'

'If There Was A Stock Market For Love, This Was The Bull Run'

Rediff.com   15 Feb 2025

'We saw 581 chocolate orders per minute and 324 rose orders per minute.'

'This Is Your Chance, India'

'This Is Your Chance, India'

Rediff.com   14 Feb 2025

'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com   13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com   15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com   8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

Can India become a global innovation hub?

Can India become a global innovation hub?

Rediff.com   4 Jan 2025

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India's leading new-age companies.

Nestaway co-founder accuses Tiger Global, Goldman of fraud

Nestaway co-founder accuses Tiger Global, Goldman of fraud

Rediff.com   3 Jan 2025

Bengaluru-based Nestaway's co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal complaint against its investors. The investors have approached the Orissa High Court, seeking to quash the FIR filed in September last year with the Bhubaneswar Police. The next hearing of the matter is scheduled for January 9.

CAIT seeks action against quick commerce firms

CAIT seeks action against quick commerce firms

Rediff.com   30 Dec 2024

The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

Rediff.com   30 Dec 2024

India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).

Amazon, Flipkart Will Need $1 Billion To...

Amazon, Flipkart Will Need $1 Billion To...

Rediff.com   30 Dec 2024

... catch up with Blinkit, Swiggy Instamart and Zepto...

How AI is shaping the future of fashion e-commerce

How AI is shaping the future of fashion e-commerce

Rediff.com   17 Dec 2024

'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'

'Swiggy Is Now Focusing On Overall Growth'

'Swiggy Is Now Focusing On Overall Growth'

Rediff.com   16 Dec 2024

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'

Why clean air remains a pipe dream across India

Why clean air remains a pipe dream across India

Rediff.com   12 Dec 2024

Data from the ministry of environment, forest and climate change reveals that 30 cities recorded an increase in PM10 levels compared to 2017-18 (FY18), indicating deteriorating air quality.

Electric vehicle sales down 12% in November after festival-driven rush

Electric vehicle sales down 12% in November after festival-driven rush

Rediff.com   5 Dec 2024

In the e2W category, which accounts for more than 60 per cent of total EV sales, volumes fell 15 per cent to 118,944 units in November, compared to 139,787 units in the previous month

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

Rediff.com   29 Nov 2024

The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.