Peerzada Abrar &Amp; Samreen Ahmad

Stories by Peerzada Abrar &Amp; Samreen Ahmad

Covid spurs matured-stage start-ups to advance their IPO plans

Covid spurs matured-stage start-ups to advance their IPO plans

Rediff.com   25 Sep 2020

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Rediff.com   15 Sep 2020

The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com   15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

How Covid has triggered wave of innovations in India

How Covid has triggered wave of innovations in India

Rediff.com   14 Sep 2020

Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.

RBI's priority lending norms may not mean quick relief for start-ups

RBI's priority lending norms may not mean quick relief for start-ups

Rediff.com   14 Sep 2020

Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.

IBM's AI push helps Parle, Mother Dairy go digital

IBM's AI push helps Parle, Mother Dairy go digital

Rediff.com   14 Sep 2020

The applications range from disaster recovery to predicting demand and understanding customer choices using artificial intelligence.

Post sale of Future group, Biyani will keep home retailing biz going

Post sale of Future group, Biyani will keep home retailing biz going

Rediff.com   11 Sep 2020

Future's home retailing interests, including furniture and furnishings, are housed under Praxis Home Retail, which was created in FY18 when the group demerged the business from Future Retail.

PUBG Mobile sheds China link to woo Indian gamers

PUBG Mobile sheds China link to woo Indian gamers

Rediff.com   9 Sep 2020

Even though PUBG Corporation is a South Korean company with its headquarters in Seoul, Tencent Gaming, a subsidiary of Chinese investment and technology giant Tencent, holds the global franchise for the mobile version of the game.

Edtech start-up Eruditus gets funding from Zuckerberg duo

Edtech start-up Eruditus gets funding from Zuckerberg duo

Rediff.com   7 Sep 2020

Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.

Can Gondal's FAU-G tackle PUBG's withdrawal pangs?

Can Gondal's FAU-G tackle PUBG's withdrawal pangs?

Rediff.com   5 Sep 2020

According to nCore Games, FAU-G will be based on real scenarios encountered by the Indian security forces to deal with both domestic and foreign threats, with its first level set against the Galwan Valley backdrop. The start-up is planning to monetise the venture through in-game purchase where people will be able to buy better items in the game like better armour for an enhanced gaming experience.

This edtech firm is using Covid as springboard for growth

This edtech firm is using Covid as springboard for growth

Rediff.com   31 Aug 2020

Simplilearn said the pandemic had accelerated demand for skills in areas such as artificial intelligence, cloud computing, data science and cybersecurity.

E-com recovers, grows 17% post-Covid-19

E-com recovers, grows 17% post-Covid-19

Rediff.com   21 Aug 2020

The consumer buying patterns and preferences have changed significantly with categories like health and pharma, FMCG and agriculture seeing a surge and exponential growth along with the rising number of first-time online shoppers.

Despite Covid woes, residential launches back on track

Despite Covid woes, residential launches back on track

Rediff.com   18 Aug 2020

Despite a 56 per cent fall in residential launches in the first half of the year compared to the second half of 2019, Anarock Property Consultants believes that consolidation in residential real estate is expected to gain ground, and that branded players may garner a market share of 75-80 per cent.

India Inc goes slow on increments; hikes pay for select few

India Inc goes slow on increments; hikes pay for select few

Rediff.com   12 Aug 2020

While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%.

E-com giants may see 25% jump in sales

E-com giants may see 25% jump in sales

Rediff.com   10 Aug 2020

Instead of making the sellers bleed, experts say, e-commerce giants Amazon and Flipkart have roped in banks to offer discounts to buyers.

Byju's buys edtech start-up Whitehat Jr for $300 million

Byju's buys edtech start-up Whitehat Jr for $300 million

Rediff.com   7 Aug 2020

Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.

Myntra buys Deepika Padukone's fashion brand 'All About You'

Myntra buys Deepika Padukone's fashion brand 'All About You'

Rediff.com   6 Aug 2020

As part of the next step, Myntra plans to popularise the brand further by making the collection accessible to customers in unexplored markets in India.

How Biocon plans to fight COVID-19

How Biocon plans to fight COVID-19

Rediff.com   4 Aug 2020

'I cannot cope with the demand. It will take us a couple of months to ramp up production.'

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Despite COVID crisis, this fintech is offering 10-12% salary hikes

Rediff.com   31 Jul 2020

Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com   27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.