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Freo announces strategic acquisition of IndiaLends, in a major push for growth

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BANGALORE, India, May 6, 2026 /PRNewswire/ — In a major push for growth, Freo announced a strategic M&A deal under which it takes 100% ownership of IndiaLends, pending final regulatory approvals. The deal brings together Freo’s consumer financial platform and IndiaLends’ marketplace to significantly expand Freo’s scale.

Freo is on a mission to be India’s digital financial platform for 500 million middle income consumers – one they can trust across payments, credit, insurance, and investments. The acquisition brings together Freo’s financial products and regulatory licences with IndiaLends’ marketplace capabilities and distribution, driving sharper execution across products and partners.

Post acquisition, Freo will be able to serve over 50 million users in its ecosystem, with key operating metrics expected to grow significantly as the combined entity scales.

Backed by marquee investors such as Peak XV Partners (formerly Sequoia Capital India), Prime Venture Partners, MegaDelta, and others, the Freo platform operates under a strong regulatory framework, including a TPAP licence for UPI, NBFC licence, and an Insurance CA licence, with a strong discipline in regulatory compliance and corporate governance. Founded by IIT-ISB alumni and serial entrepreneurs, Freo brings over a decade of experience in building and operating consumer financial products at scale, with a proven and profitable business model.

“India’s digital financial services market is maturing, and relevant consolidation is a natural next step. The platforms that win the next decade will combine the right licences, the right distribution, profitable discipline, and AI embedded across the stack. With IndiaLends, Freo now has all four at scale.” – Kunal Varma, Co-Founder & CEO, Freo.

IndiaLends, founded by Gaurav Chopra, a London Business School and London School of Economics alumnus and a seasoned Capital One banker, operates as one of India’s largest digital marketplaces for loans and credit cards. Backed by ACP Partners, DSG Consumer Partners, and American Express Ventures, amongst others, the business has built deep integrations with over 80 banks, NBFCs and financial partners, enabling it to operate at scale across a wide range of credit products and use cases.

Over the years, IndiaLends has assembled a strong execution-focused team with deep experience across partnerships, technology, and operations. This team has played a key role in building a trusted marketplace that enables consumers to discover and access credit, while supporting partners through technology-led distribution, credit underwriting and business operations at scale.

“IndiaLends was started with a strong belief – that every Indian deserves access to the right credit, at the right time, from the right lender. Joining Freo amplifies it. Together we bring a full-stack platform, a vast distribution network, and decades of combined experience to the market.” – Gaurav Chopra, Founder & CEO, IndiaLends.

This deal, which is pending final regulatory approvals, brings together two businesses that operate at scale with complementary business models, full regulatory cover & deep national footprint. The combined platform enables a stronger product focus along with deep AI interventions to accelerate profitable growth. Early signs of mutual synergies are expected to begin reflecting over the next few months as integration across teams, partners and product lines deepens.

This development comes at a time when India’s digital lending ecosystem is undergoing a typical phase of maturity & consolidation, driven by tighter regulatory frameworks and a sharper focus on sustainable, profitable growth. As the market matures, there is a clear shift towards integrated platforms that can combine product, distribution, and underwriting capabilities at scale, enabling better outcomes for both consumers and businesses.

With this move, Freo brings together a powerful and defensible set of capabilities, including supply-side diversification, advanced demand-side analytics for customer profiling, AI-embedded workflows across operations, and a tightly integrated product strategy focused on the fast-growing, mobile-savvy, middle class of India.

The combined entity will soon be looking at a large capital raise to enable its next phase of profitable growth. The deal will be operationalised in a phased manner, wherein both teams would be working deeply with existing partners to further strengthen relationships and create a roadmap for profitable growth.

About Freo

Freo enables Indians to pay, save, borrow and insure, all through 1 platform. Freo serves customers across 1,200+ cities and 19,000 pin codes and is a well-regulated entity with licenses for lending, UPI and insurance sales. By focusing on regulated partnerships and customer-first design, Freo is building a trusted financial brand for the masses. Website: https://freo.money

About IndiaLends

IndiaLends is one of India’s leading digital credit marketplaces, helping individuals discover the right personal loans, credit cards, and credit-building tools tailored to their financial profiles. Powered by proprietary credit analytics and partnerships with India’s most trusted banks and NBFCs, IndiaLends makes borrowing transparent, informed and accessible – empowering consumers to take charge of their financial lives.
Website: https://indialends.com/ 

Media Contact:
Akhila Deshpande
Email: akhila@supernova-brand.com
Mobile: +91 9886173819

Logo: https://mma.prnewswire.com/media/2972671/Freo_IndiaLends_Logo.jpg

 

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SPECTRUM EXPANDS ITS COMMUNITY INVESTMENT AND OFFERS AMAZON PRIME MEMBERSHIP TO QUALIFYING LOW-INCOME SPECTRUM INTERNET CUSTOMERS

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New and existing customers who currently qualify for Spectrum’s low-income Internet Assist can enjoy all the benefits of Prime, included with their Internet subscription, at no additional cost.Prime is now included for legacy Spectrum customers with the benefit coming soon for qualified legacy Cox customers.

STAMFORD, Conn., Aug. 25, 2026 /PRNewswire/ — Today, Spectrum announced it is bringing Amazon Prime benefits to eligible Spectrum Internet customers. Existing and new customers who currently qualify for Spectrum Internet Assist, affordable internet for low-income customers with speeds up to 50 Mbps, can receive Prime membership included with their Internet subscription – at no extra cost.

Qualified Spectrum Internet customers can now enjoy everything Prime has to offer, including exclusive grocery savings and convenience, delivery benefits that saved members an average of $550 in delivery fees last year, award-winning entertainment through Prime Video, and so much more. Valued at $14.99 per month or $139 per year, qualifying Spectrum Internet customers can sign up for Prime through Spectrum’s simplified onboarding experience to get started and enjoy instant savings.

“Our goal at Spectrum is to give customers more value from the services they already count on every day,” said Adam Ray, Executive Vice President, Chief Commercial Officer for Spectrum. “That value already includes the fastest mobile service at the lowest prices, and our inclusion of programming apps in our video services at no extra charge. And that value now extends to including Prime for low-income customers to help make everyday life a little easier while delivering incredible savings and entertainment – reflecting just a part of our ongoing investment to ensure the communities we serve can thrive.”

Qualified Spectrum Internet customers can now enjoy all of Prime’s savings, convenience, and entertainment. That includes everyday low prices and free delivery on 300 million items across 35 categories, tens of millions of which can be delivered the same or next day in eligible areas, including everyday essential grocery items like pantry staples, breakfast items, canned goods, baby foods, and more. Prime members also get free Same-Day Delivery on perishable grocery orders over $25 in most places, and members in more than 2,300 cities and towns can get fresh groceries, alongside electronics, books, pantry staples, snacks, and everyday household essentials like paper towels and toothpaste, delivered within hours. Plus, members enjoy exclusive deals every day and shopping events like Prime Day, fast, free delivery of prescription medications through Amazon Pharmacy, and exclusive savings on restaurant delivery and fuel.

Prime Video serves as an entertainment destination, offering unlimited streaming of movies and shows, plus access to must-see live sports including NBA, WNBA, NASCAR, and Thursday Night Football. Members also enjoy ad-free listening of 100 million songs and millions of podcast episodes with Amazon Music, cloud gaming with Amazon Luna, unlimited photo storage with Amazon Photos, and Alexa+, Amazon’s next-gen AI assistant that enhances the Prime experience, making it easy to shop, discover new entertainment, and manage photo content through natural conversation. With Amazon Family, members can also share a wide range of these benefits with one adult in their household, plus digital content with up to four children in their household.

More information is available at spectrum.com/AmazonPrime.

About Spectrum  
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), the leading broadband and video company in the nation and the fastest growing mobile provider in its footprint, with services available to more than 70 million homes and small to large businesses across 45 states. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.

More information can be found at corporate.charter.com

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SOURCE Charter Communications, Inc.

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Land id® Expands Product and AI Leadership with Senior Executive Hires

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Chris Omland joins as Senior Vice President of Product and Jeff Lutzenberger is named Vice President of AI Platform Strategy

BOZEMAN, Mont. and AUSTIN, Texas, Aug. 25, 2026 /PRNewswire/ — Land id today announced the addition of Chris Omland as Senior Vice President of Product and Jeff Lutzenberger as Vice President of AI Platform Strategy. Omland will lead Land id’s product and engineering organization, while Lutzenberger will oversee the application of AI across Land id’s product and platform.

Two senior executive hires signal Land id’s acceleration into AI-powered property intelligence.

The hires come as Land id continues to expand its real estate and property intelligence platform, combining geospatial visualization, proprietary property data, and AI to help customers not just access information about a property, but understand what it means and act on it.

Lutzenberger brings deep experience in machine learning, large language models, and geospatial technology. He holds a PhD in Electrical Engineering and spent nearly a decade at onX, where he helped build the geospatial pipelines and 3D technologies underpinning the company’s growth to more than 10 million users.

“The combination of geospatial information, proprietary data, and AI creates an entirely new way to understand a property and make decisions around it,” Lutzenberger said. “The foundation is already in place at Land id, and I’m excited to build on it, surfacing relevant insights and automating real estate workflows for every person and every property.”

Omland brings more than two decades of experience building and scaling enterprise software products. He held product leadership roles at Bozeman-based RightNow Technologies, acquired by Oracle in 2011, and more recently led Workiva’s platform product team as the company grew from $220 million to more than $800 million in annual revenue.

“Real estate is the world’s largest asset class, yet the information people need to understand a property and make decisions about it is still incredibly fragmented and difficult to interpret,” Omland said. “Land id has the data, technology, and team to bring that information together in a much more intelligent way. That creates an opportunity for Land id to power workflows across every step of the real estate lifecycle. That’s what made this opportunity so compelling to me.”

“Chris and Jeff bring exactly the kind of experience and leadership we need for Land id’s next stage of growth,” said Chris Hamilton, Chief Operating Officer of Land id. “We’ve built a strong foundation in property data and geospatial technology. Chris brings a proven ability to scale product organizations, and Jeff brings deep technical experience at the intersection of data, geospatial technology, and AI. Together, they significantly expand what we are capable of building.”

Omland and Lutzenberger will work closely across product, engineering, data, and AI as Land id develops its next generation of property intelligence capabilities, while remaining focused on the needs of customers across real estate, land management, agriculture, insurance, appraisal, and other property-driven industries.

ABOUT LAND ID
Land id® combines data, intelligence, and outcomes to underpin every property decision for the world’s largest asset class. The company unifies scattered data sources into a single, intuitive visualization and analysis solution for both web and mobile environments, allowing every category of real estate stakeholder to make better decisions in less time. With case studies ranging from expansive Mountain West ranches to remote recreational lodges, Land id is solving knowledge-based challenges beyond the built world. Land id is based in Bozeman, MT and Austin, TX. Learn more about Land id at https://id.land/about

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SOURCE Land id, Inc.

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3CLogic Releases AI Agent Evaluator to Automate QA and Scoring of Voice AI Agents

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New capability scores 100% of AI interactions with plain-language reasoning, enabling accountability and rich insights into Voice AI engagements and performance.

ROCKVILLE, Md., Aug. 25, 2026 /PRNewswire/ — 3CLogic today announced the release of AI Agent Evaluator, a powerful automated quality assurance (QA) and scoring engine built natively into its Voice AI Hub. The new feature scores 100% of Voice AI agent interactions based on configurable metrics including resolution, goal completion, and quality, while providing plain-language reasoning behind each rating without the need for manual transcript review.

As enterprise service desks and contact centers accelerate the deployment of conversational AI, industry focus has heavily centered on the raw power and scalability of Voice AI agents, while largely ignoring how to continuously validate their performance in the field. While many organizations rely on manual auditing or exporting of bot transcripts into standalone QA tools intended for human agents, 3CLogic recognized the need for a solution purpose-built for AI-based interactions.

“Operational leaders are increasingly asking if the voice AI agents they deployed are doing what they were designed to address,” explains Anshuman Rawat, CTO at 3CLogic. “Deploying Voice AI agents is relatively easy, but knowing if they are actually resolving issues or deflecting a live call to the satisfaction of the caller is the real challenge. AI Agent Evaluator replaces the guesswork and black-box metrics with objective, auditable scores at scale.”

Natively integrated into its Voice AI Hub, 3CLogic’s AI Agent Evaluator allows organizations to hold AI agents to the same rigorous standards as live agents while identifying opportunities for continuous improvement. Designed to eliminate the blind spots of legacy QA processes, the solution delivers immediate business value through the following key features:

Comprehensive QA Coverage: eliminates the inherent scaling limitations of manual sampling by automatically scoring every single Voice AI conversation to quickly identify critical performance issues.

Role-specific agent evaluations: enables administrative users to create custom “yardsticks” for each specialized voice AI agent (e.g.: IT support, billing, etc.) to be scored accurately against what constitutes success for each of their unique roles.

Automated task validations: verifies that required system actions (e.g.: submitting a case, updating a ticket, etc.) are in fact executed rather than relying solely on the transcript for confirmation.

Actionable Insights: delivers visual insights into the performance of Voice AI agents over time with real-time dashboards.

The release marks the latest milestone in 3CLogic’s ongoing mission to transform the Voice AI and contact center landscape, following recent innovations, including Outbound AI agents. From global IT managed services providers to major multi-hospital systems modernizing their service operations, the organization continues to deliver significant competitive advantages for leading enterprises. AI Evaluations is now generally available to all Voice AI Hub customers.

For more information, visit 3CLogic.com.

About 3CLogic
3CLogic transforms customer and employee experiences with its patented and award-winning AI-powered cloud contact center solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative capabilities, such as intelligent self-service, Generative AI, Conversational AI, agent automation & coaching, and AI-powered sentiment analytics — all designed to lower operational costs, maximize ROI, and deliver better, faster, and more personalized interactions for IT, employee, and customer service. For more information, please visit www.3clogic.com.

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SOURCE 3CLogic

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