Peerzada Abrar

All stories by Peerzada Abrar

Why PhonePe's fundraising process has hit roadblock

Why PhonePe's fundraising process has hit roadblock

Rediff.com6 days ago

Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.

Microsoft selects 54 startups in India's Tier 2 cities

Microsoft selects 54 startups in India's Tier 2 cities

Rediff.com14 Jan 2020

Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.

India orders 95 biryanis per minute: Swiggy

India orders 95 biryanis per minute: Swiggy

Rediff.com24 Dec 2019

So Swiggy offered 35,056 varieties of biryani to its users, says Peerzada Abrar.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

Tech, service firms gear up for FASTag

Tech, service firms gear up for FASTag

Rediff.com2 Dec 2019

Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.

Ola to launch services in London after Uber ban

Ola to launch services in London after Uber ban

Rediff.com27 Nov 2019

Over 50,000 licenced drivers will now be assured that they can continue to provide mobility services in London. Drivers can initiate their registration on the Ola app.

Data protection bill to be introduced in winter session

Data protection bill to be introduced in winter session

Rediff.com16 Nov 2019

The proposals are mostly based on a report submitted by Justice B N Srikrishna in July 2018. The draft Bill has since gone through at least two updates based on inputs received from industry, report Yuvraj Malik and Peerzada Abrar.

Uber's Rs 1,767 crore investment the biggest in India arm

Uber's Rs 1,767 crore investment the biggest in India arm

Rediff.com13 Nov 2019

The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.

With Rs 4,470 cr war-chest Amazon gets ready to take on Flipkart

With Rs 4,470 cr war-chest Amazon gets ready to take on Flipkart

Rediff.com30 Oct 2019

Amazon's fresh investment in its India entities come at a time when the Seattle-based firm has faced losses in several of its business entities in India, such as seller services, wholesale, transportation services and digital payments, for the 2018-19 financial year.

OnePlus dials into Bharat to beat competition

OnePlus dials into Bharat to beat competition

Rediff.com27 Oct 2019

In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.

Ola spreads wings to 2 more UK cities

Ola spreads wings to 2 more UK cities

Rediff.com2 Oct 2019

Customers in Coventry and Warwick will also enjoy competitive pricing -- with new users receiving 50 per cent off on all rides for the first two weeks, according to the company.

Behind Samsung's India play is its R&D outreach in Bengaluru

Behind Samsung's India play is its R&D outreach in Bengaluru

Rediff.com6 Sep 2019

Samsung Research Institute in Bengaluru is Samsung's biggest research and development (R&D) centre outside its headquarters in Seoul, and one that's driving many key innovations for the firm, says Peerzada Abrar.

Apple clocks double-digit revenue growth in India

Apple clocks double-digit revenue growth in India

Rediff.com1 Aug 2019

Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.

EV start-up SmartE gets Rs 100-crore funding from Mitsui

EV start-up SmartE gets Rs 100-crore funding from Mitsui

Rediff.com22 Jul 2019

With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country.

Ola expands global footprint, gets London licence to take on Uber

Ola expands global footprint, gets London licence to take on Uber

Rediff.com7 Jul 2019

In the UK, Ola is the only app that offers black cabs and private hire vehicles, giving both the driver-partners as well as the users, more choice.

Flipkart to roll out EVs for last-mile deliveries

Flipkart to roll out EVs for last-mile deliveries

Rediff.com28 Jun 2019

The aim is to replace nearly 40 per cent of its existing last mile fleet of delivery vans with EVs by March 2020. o start with, the company is looking at deploying nearly 160 e-vans by the end of 2019.

Entrepreneurs who invested in scooter sharing start-up Vogo

Entrepreneurs who invested in scooter sharing start-up Vogo

Rediff.com19 Jun 2019

Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.

India is blessed - you have lot of talent here: Cisco CEO

India is blessed - you have lot of talent here: Cisco CEO

Rediff.com10 Jun 2019

In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.

Swiggy unveils 'Daily', the first-of-its-kind homestyle meal app

Swiggy unveils 'Daily', the first-of-its-kind homestyle meal app

Rediff.com4 Jun 2019

To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription.

India's gaming industry heats up

India's gaming industry heats up

Rediff.com17 May 2019

'India has over 300 million online sports fans, of which over 60 million use fantasy sports as their primary tool for engagement with their favourite sport.'

Flipkart ups the ante in grocery battle with Amazon

Flipkart ups the ante in grocery battle with Amazon

Rediff.com9 May 2019

Flipkart Supermart is already live in Bengaluru, Chennai, Hyderabad and Delhi

Lessons from Justdial 'data breach'

Lessons from Justdial 'data breach'

Rediff.com26 Apr 2019

At a time when services are rapidly digitising in India, enterprises are witnessing a rise in cases of sensitive data exposure risks and breaches.

Data privacy a major concern in India: Nandan Nilekani

Data privacy a major concern in India: Nandan Nilekani

Rediff.com23 Apr 2019

Data privacy, he said, is a broader argument beyond Aadhaar as it includes everything such as issues related to mobile phones and social media data.

Walmart CEO Doug McMillon in India to take on Amazon

Walmart CEO Doug McMillon in India to take on Amazon

Rediff.com16 Apr 2019

Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.

A peek into PhonePe's mega expansion plan

A peek into PhonePe's mega expansion plan

Rediff.com10 Apr 2019

This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.

Zomato's FY19 revenues jump, so do the expenses

Zomato's FY19 revenues jump, so do the expenses

Rediff.com7 Apr 2019

Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million

3 more UK cities added to Ola's roadmap

3 more UK cities added to Ola's roadmap

Rediff.com30 Mar 2019

Ola, which is now present in seven cities in the UK, said its easy-to-use app would transform commuting experiences in these areas providing the community with greater travel choice as well as quicker and easier access to cabs.

Azim Premji-backed iD Fresh Food shifts focus to organic products

Azim Premji-backed iD Fresh Food shifts focus to organic products

Rediff.com29 Mar 2019

The phase-wise transition of iD Fresh products into organic items has started and will include flagship offerings such as idli and dosa batter and Malabar parotta.

Ola banned in K'taka for 6 months for violating norms

Ola banned in K'taka for 6 months for violating norms

Rediff.com23 Mar 2019

The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.

N/Core to support 30 nonprofit startups

N/Core to support 30 nonprofit startups

Rediff.com22 Mar 2019

The initiative deepens N/Core's multi-year partnership with tech giant Cisco, which has participated in the fund along with Ford Foundation and IRB Infrastructure.

What RCB plans to do with IPL fans

What RCB plans to do with IPL fans

Rediff.com19 Mar 2019

VVirat Kohli's franchise wants to unite fans on an innovative digital community platform.

How WhatsApp signed up 1.5 billion people

How WhatsApp signed up 1.5 billion people

Rediff.com16 Mar 2019

Several of WhatsApp's early features were designed keeping Indian conditions in mind, given the choppy connectivity and existence of devices of different makes. In fact, India was the first country where WhatsApp rolled out in-app video calling services in 2016, ahead of its global launch, underlining the importance of the market for the company.

Azim Premji loosens purse strings further for philanthropy

Azim Premji loosens purse strings further for philanthropy

Rediff.com14 Mar 2019

With the latest action, the value of the philanthropic endowment corpus contributed by Premji is about $21 billion, which includes 67 per cent of the economic ownership of Wipro.

Why Cisco is wooing hi-tech start-ups in India

Why Cisco is wooing hi-tech start-ups in India

Rediff.com11 Mar 2019

It is eyeing the transportation and infrastructure modernisation opportunity in the country, expected to attract $500 billion in investment over the next five years.

20 years later, founders of India's first e-tailer are back 'Again'

20 years later, founders of India's first e-tailer are back 'Again'

Rediff.com8 Mar 2019

Again would offer two variants of double-toned milk with almonds, cashews, dates; and strawberry, chocolate, jaggery - and two variants of double-toned yoghurt - alphonso mango; and carrot, orange, banana.

BEL, Anna Varsity build Patang, a drone with 2-km zoom range

BEL, Anna Varsity build Patang, a drone with 2-km zoom range

Rediff.com27 Feb 2019

The unmanned aerial vehicle has been developed for surveillance and broadcasting and is ready for commercialisation.

Drones steal the show at Aero India 2019

Drones steal the show at Aero India 2019

Rediff.com22 Feb 2019

These unmanned aerial vehicles can fly at high speeds, detect intruders, do aerobatic maneuvers like loops, rolls, spins, and hammerheads effortlessly and communicate with each other intelligently.

Sachin Bansal invests Rs 650 crore in Ola; may join board

Sachin Bansal invests Rs 650 crore in Ola; may join board

Rediff.com20 Feb 2019

With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.

Soon tech maybe the biggest input in your food delivery

Soon tech maybe the biggest input in your food delivery

Rediff.com17 Feb 2019

From using Artificial Learning to Machine Learning to deploying drones food delivery platforms are going all out to reach the extra consumer, says Peerzada Abrar.

Unfazed by legal blocks, Netmeds bets big on digital

Unfazed by legal blocks, Netmeds bets big on digital

Rediff.com8 Feb 2019

Netmeds is looking at using new technologies such as deep learning and data analytics to improve forecasting in terms of the demand of the products for pharma companies, reports Peerzada Abrar.

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