eNews
Nyoooz among 10 Indian digital media cos. to get Google funding
NEW DELHI: Noida-based digital news startup Nyoooz is among 10 media outlets from India that have been selected for receiving YouTube innovation funding as part of the Google News Initiative (GNI) to help digital newsrooms and publishers strengthen online video capabilities and experiment with new formats for video journalism.
Apart from Nyoooz, founded and headed by former TV journalist-turned-entrepreneur Alok Verma, the other Indian news organisations are Asianet News Media and Entertainment Pvt Ltd, Bharatiya Digital Party (BhaDiPa), FACTLY, Gaon Connection, India Today Group, Live Data Visualisation Pvt Ltd, NDTV, NYOOOZ, ShepHertz and Video Volunteers.
These companies form a group of 87 media outlets selected from 23 countries, wire news agency IANS reported.
According to a blog spot on Tuesday by Timothy Katz, director of news partnerships, YouTube, the announcement “reinforces our commitment to supporting a strong future for news video”.
As part of the launch of Google News Initiative in March, YouTube committed $25 million funding to support globally the future of news.
“Hailing from 23 countries around the world, they represent a diverse array of broadcasters, traditional and digital publishers, local media, agencies and creators, but all share a commitment to quality journalism and a spirit of innovation,” Katz added.
Many of the projects selected for the innovation funding are focused on expanding newsroom video operations and trying out new ways of reporting news through video — from reaching younger audiences online to exploring live and fact-checking formats.
Other projects look at the sustainability of news organisations, including work on new business models and programmes to support a healthy news ecosystem.
“Over the coming months, we’ll be sharing insights gained from the projects and giving newsrooms the opportunity to benefit from the learnings,” Katz explained.
Nyoooz is a digital news media outlet started by a former journalist in the same way as former NDTV anchor Pankaj Pachauri ventured into GoNews, India’s first mobile app-based news channel. Serial entrepreneur and investor Srikant Sastri too had invested in Nyoooz realizing the potential.
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.
