eNews
Amazon’s Amit Agarwal promoted as SVP in parent company
MUMBAI: Amazon.com has promoted its India country head Amit Agarwal to the level of senior vice-president. Agarwal, who will continue to remain the India head for now, was the vice president at Amazon earlier. The company confirmed the news in an emailed statement.
“This indicates how excited Amazon is about the progress the company is making in India, and the opportunity Amazon sees ahead,” it added.
Amazon CEO and president Jeff Bezos recently included Agarwal in a senior leadership team that reports directly to him.
Amazon entered India in June 2013, years after Flipkart (2007) and Snapdeal (2010) started. It has made more than $3 billion investments in the country and has $2 billion in its plan.
Competition is further heating up as the Chinese e-tailer Alibaba gears up for a stronger play in India through Paytm.
eNews
Paisabazaar launches Credit Premier League 2.0
Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.
MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.
Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.
All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.
Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”
The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.
Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.
In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.
