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CredAvenue sets up technology development centre in Bengaluru

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CredAvenue sets up technology development centre in Bengaluru

Debt platform CredAvenue stated that it has set up a new technology development center in Bangalore. The center mainly meets the company’s technical needs, and will have 200 employees by the 2022-23 fiscal year, accounting for nearly 30% of CredAvenue’s overall strength in India. The key areas of recruitment within the technical team include engineering, product, design, data science, and data engineering. The company has offices in Chennai, Mumbai and Delhi with a total of 345 employees.

The Bangalore Center will accommodate the marketing, mobile engineering, lending and user platform teams in the short-term content. “CredAvenue is the first of its kind in the world’s debt platforms. Our platform currently serves more than 1,000 issuers and 200 investors, and has so far achieved USD 8 billion in debt flows. Our goal is to create an unparalleled , Scalable, and category creator technology platform. As we move forward to achieve our goals, the Bangalore office will become the nerve center of CredAvenue’s technical work,” said Gaurav Kumar, CredAvenue founder and CEO.

This expansion follows CredAvenue’s $90 million in equity capital raised in a round of financing led by Sequoia Capital, Lightspeed, TVS Capital Funds, Lightrock and other companies. The fund valued the company at approximately US$410 million. CredAvenue plans to develop its platform by deploying cutting-edge technologies such as data science, machine learning, and artificial intelligence in the coming months.

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Consistent with this, the company attaches great importance to acquiring talents in core technology fields that have nothing to do with the field, including data engineering, AI-ML, data science and analysis, data security, product management, deep integration, and platform architecture. Said in a statement. statement. CredAvenue predicts that by the end of fiscal year 22, its total headcount will double to 700.

The company also plans to achieve global expansion and inorganic growth through strategic acquisitions. The company currently has a portfolio of five platforms-term loan corporate solutions, CredLoan; origination platform CredCoLend; bond issuance and investment platform Plutus; trade finance portal CredSCF and securitization and portfolio acquisition solutions CredPool.

News Source : MINT

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YouTube marks 20th anniversary by launching new useful features What’s new

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
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