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Search resuls for: "Ankur Jain"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBilt Rewards is the first neighborhood loyalty platform, says General Catalyst chairman Ken ChenaultAnkur Jain, Bilt Rewards founder and CEO, and Ken Chenault, General Catalyst chairman and managing director and Bilt Rewards board chairman, join 'Squawk Box' to discuss the company's rewards program, how Bilt partners with real estate owners and allows its users to earn points when paying their rent, and more.
Persons: Ken Chenault Ankur, Bilt, Ken Chenault Organizations: Catalyst
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing more late payment from renters now than in the past 2-3 years, says Bilt's Ankur JainHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Bilt's, Brian Sullivan, Organizations: CNBC
MUMBAI, Aug 8 (Reuters) - A growing number of Indian alternative investment funds are expanding their private credit business, filling a void left by banks and non-bank lenders and mirroring a pick-up in activity across Asia. Private credit funds typically invest in debt or hybrid securities of unrated and lower-rated companies. Edelweiss Alternatives has invested 359 billion rupees in private credit and is looking to launch its next real estate credit fund. Vivriti Asset aims to add 15 billion rupees to the roughly 35 billion rupees it already manages in private credit, managing director Vineet Sukumar said. Private credit funds lend to these companies at 12%-18%, splitting transactions into tranches.
Persons: Lakshmi Iyer, Vineet Sukumar, Goswami Infratech, Amit Agarwal, Ankur Jain, Bhakti Tambe, Savio D'Souza Organizations: Advisors, Investments, Vivriti, Management, Edelweiss, Thomson Locations: MUMBAI, Asia, Edelweiss
More than 100 million people in the US pay a total of $500 billion in rent each year, per JPMorgan. JPMorgan and many startups are taking the rent check online to get a cut of that pool of money. Historically, America's 44.2 million renters have written checks to their landlords and kissed that cash goodbye. Renters living at one of the 2.5 million "Bilt Alliance" properties, have the ability to report their rent payments to Experian, TransUnion, and Equifax. Once enrolled, renters can earn Pinata Cash that can be spent at retailers like Starbucks, Amazon, and Target, and also have their rent payments reported to TransUnion.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRent taking up close to half of peoples' incomes, says Bilt Rewards CEO Ankur JainBilt Rewards CEO Ankur Jain joins CNBC's 'Squawk Box' to break down how his company allows renters to put their monthly rent bills on credit cards as a way to earn points.
Historically, the US's 44.2 million renters have written checks to their landlords and kissed that cash goodbye. In lieu of a security deposit, Up&Up users "invest" one month's rent into their Up&Up Wallet. Bilt: Building credit is as easy as paying rentAt the rental-rewards startup Bilt, renters are rewarded for paying rent. Piñata: Crack open the rewards while rentingPiñata, too, offers rewards for renters, alongside credit reporting. They can also have their rent payments reported to TransUnion.
An employee carries Bira beer cans to deliver them to a customer at a liquor store in Mumbai, India March 23, 2018. Started in 2015, Bira is one of India's most popular craft beer makers. It competes with international brands such as Carlsberg (CARLb.CO) as well as Heineken-owned (HEIN.AS) United Breweries (UBBW.NS) in India's estimated $5 billion beer market. Kirin owns a stake in New York's Brooklyn Brewery, and its subsidiary owns U.S.-based craft beer makers New Belgium Brewing and Bell's Brewery. With five breweries in India, Bira says its beer is available in 500 towns and cities in 15 countries.
The rising cost of rent has prompted some states like New York, Oregon, and California to retool their rent laws. The high upfront cost of a security deposit can dissuade some renters from moving into a new location. Cincinnati recently passed a "Renter's Choice" law, which required landlords of a certain size to provide alternatives to security deposits. Rental properties typically charge both the first month's rent and a one-month's rent security deposit, which puts many apartments out of reach for a median American. A new slew of "renter's choice" laws have been hitting the desks of local, state, and national politicians, offering renters the choice between a traditional security deposit or security deposit insurance.
Persons: Bernie Sanders, Ankur Jain, Scott Stringer, Stringer, Bill de Blasio, Ben Carson, Mike Rudoy, Rudoy, Reichen Kuhl, he's, Kuhl Organizations: Democratic, Federal, Consumer Finances, Legislators, U.S . Department of Housing, Urban Locations: New York , Oregon, California, Cincinnati, of New York, New York, New York City, Virginia, New Hampshire, Reichen
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