Peerzada Abrar

All stories by Peerzada Abrar

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com15 Sep 2020

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

This edtech firm is using Covid as springboard for growth

This edtech firm is using Covid as springboard for growth

Rediff.com31 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.com21 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.

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

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

Rediff.com12 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%.

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

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

Rediff.com7 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.com6 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.

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

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

Rediff.com31 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.com27 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.

Robots to the rescue in times of coronavirus

Robots to the rescue in times of coronavirus

Rediff.com19 Jul 2020

From scanning hospital entrants to disinfecting hospital areas and floors, robots are being roped in for tasks considered high-risk, says Peerzada Abrar.

Byju's enters the tuitions classes game

Byju's enters the tuitions classes game

Rediff.com8 Jul 2020

Students may choose between weekday and weekend batches, and attend scheduled online maths and science classes based on their school curriculum.

Chinese app ban: Indian start-ups face a major hurdle

Chinese app ban: Indian start-ups face a major hurdle

Rediff.com2 Jul 2020

According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.

How Myntra plans to run India's biggest fashion sale

How Myntra plans to run India's biggest fashion sale

Rediff.com16 Jun 2020

The 12th edition of EORS will be held from June 19-22. There will be a dedicated central virtual war-room for tactical problem solving across all phases of the event. Shoppers across the country will have access to over 700,000 styles from over 3,000 fashion and lifestyle brands. Myntra is expecting 3 million people to shop from the safety of their homes.

PE/VC investments hit 12-quarter low at $5.1 billion

PE/VC investments hit 12-quarter low at $5.1 billion

Rediff.com28 Apr 2020

The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.

Ecommerce firms ask govt for 6-month curfew passes

Ecommerce firms ask govt for 6-month curfew passes

Rediff.com8 Apr 2020

The companies have asked for digital curfew passes as e-retailers feel if more lockdowns are ordered after April 14, it is extremely difficult and time-consuming process to acquire the passes from local authorities.

Beam me up, Scotty! Indian tech firm helped in Wuhan's Covid-19 fight

Beam me up, Scotty! Indian tech firm helped in Wuhan's Covid-19 fight

Rediff.com30 Mar 2020

Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.

Online shopping sees spurt thanks to coronavirus fears

Online shopping sees spurt thanks to coronavirus fears

Rediff.com15 Mar 2020

E-commerce companies are seeing an increase in demand for products such as fresh fruits and vegetables, milk, flour, rice, and lentils, and personal hygiene items like sanitisers and soaps and household cleaning products. Other products include instant noodles, baby food and Ayurvedic items. "There is even a huge spike in pet food," said a person.

It's official: Ola will go for IPO in next few years

It's official: Ola will go for IPO in next few years

Rediff.com4 Mar 2020

The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.

Nadella 'decodes future', calls to protect AI from bias

Nadella 'decodes future', calls to protect AI from bias

Rediff.com26 Feb 2020

The Hyderabad-born Nadella says it's not the AI engine, but the teams that build it as well as the algorithms to make it intelligent have to be diverse and inclusive, so that the solutions they build do not show up any sort of 'unconscious bias' that they may have.

Amazon, trade bodies' courtroom battle may impact e-commerce policy

Amazon, trade bodies' courtroom battle may impact e-commerce policy

Rediff.com24 Feb 2020

The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.

Post devaluation, Quikr is no longer a unicorn

Post devaluation, Quikr is no longer a unicorn

Rediff.com20 Feb 2020

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now valued at about $577 million.

Why PhonePe's fundraising process has hit roadblock

Why PhonePe's fundraising process has hit roadblock

Rediff.com20 Jan 2020

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.

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.

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.

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.

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

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.

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.

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