Nitin Kumar &Amp;Amp; Peerzada Abrar

Stories by Nitin Kumar &Amp;Amp; Peerzada Abrar

Deepinder Goyal's $25 Mn Bet On Longer Life

Deepinder Goyal's $25 Mn Bet On Longer Life

Rediff.com   3 days ago

'Our goal here is to become a small catalyst in humanity's journey of conscious evolution. To lead us into the Post-Darwin era.'

Venture funding slowed in Sep qtr; exit activity at 7-year high

Venture funding slowed in Sep qtr; exit activity at 7-year high

Rediff.com   24 Oct 2025

Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com   15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com   23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

Amazon, Flipkart showcase GST deals as festival shopping begins

Amazon, Flipkart showcase GST deals as festival shopping begins

Rediff.com   23 Sep 2025

Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.

Bengaluru Traffic Test Corporate Patience

Bengaluru Traffic Test Corporate Patience

Rediff.com   20 Sep 2025

'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com   9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Rediff.com   8 Sep 2025

Amazon India is repositioning itself as a comprehensive business partner rather than just an e-commerce platform, slashing seller fees and introducing artificial intelligence-powered tools ahead of the country's crucial festive shopping season that could determine the year's retail performance.

American Tech Caught in Trade Crossfire

American Tech Caught in Trade Crossfire

Rediff.com   3 Sep 2025

'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'

Qatar fund moves HC to recover $235 mn from Byju's

Qatar fund moves HC to recover $235 mn from Byju's

Rediff.com   26 Aug 2025

Qatar's sovereign wealth fund is suing Byju Raveendran in Indian courts to recover $235 million from the embattled educational technology (edtech) entrepreneur, escalating a global legal battle that has ensnared one of India's most high-profile startup founders.

Amazon Gives India $12.7B AI Boost

Amazon Gives India $12.7B AI Boost

Rediff.com   11 Aug 2025

'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'

'AI Can Improve The Lives Of Millions Of Indians'

'AI Can Improve The Lives Of Millions Of Indians'

Rediff.com   7 Aug 2025

'We're already seeing signs of superhuman capability.'

18K orders per min: Amazon India's Prime Day sale hits record high

18K orders per min: Amazon India's Prime Day sale hits record high

Rediff.com   22 Jul 2025

Amazon's latest Prime Day sale event broke records with over 18,000 orders per minute - a 50 per cent jump from 2024. Nearly 70 per cent of new memberships came from Tier-III cities.

Byju's Founders to Sue Investors

Byju's Founders to Sue Investors

Rediff.com   18 Jul 2025

'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.'

Google AI Bets Big On Indian Farms, Languages

Google AI Bets Big On Indian Farms, Languages

Rediff.com   11 Jul 2025

Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.

Ola Electric Scooters Get Smarter with OS Update

Ola Electric Scooters Get Smarter with OS Update

Rediff.com   10 Jul 2025

Ola Electric's latest MoveOS 5 upgrade delivers sharper performance on its Gen 3 platform due to an optimised in-house Motor Control Unit that enhances range and responsiveness.

Bike Taxis Go Off Roads in Karnataka

Bike Taxis Go Off Roads in Karnataka

Rediff.com   27 Jun 2025

Bike-taxi drivers are also left stranded as many depended on the service.

Amazon enters India's $15 bn diagnostics market with At-Home testing

Amazon enters India's $15 bn diagnostics market with At-Home testing

Rediff.com   23 Jun 2025

Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com   20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

Ola Electric Hits Speed Bumps On Road to Future

Ola Electric Hits Speed Bumps On Road to Future

Rediff.com   19 Jun 2025

Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.