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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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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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