zestmoney

Troubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a failed PhonePe acquisition. This and more in today’s ETtech Morning Dispatch.Also in the letter:■…

The sudden exit of ZestMoney founders after its planned acquisition by PhonePe failed has compounded the challenges for the fintech startup with its already clogged lending taps likely to dry up.ZestMoney is clocking a fraction of the…

Gurgaon-based food-delivery company Zomato has gone live as a third-party Unified Payments Interface (UPI) application for some of its users. Meanwhile, Flipkart is also working on its UPI offering, according to sources. This and more in…

A day after ZestMoney’s three founders announced they would leave the troubled fintech firm, cofounder and CEO Lizzie Chapman announced that the startup’s vice president, finance, Mohit Chhajer, chief banking officer Mandar Satpute, and…

Capping months of twists and turns at the troubled fintech startup ZestMoney, its founders Lizzie Chapman, Priya Sharma and Ashish Anantharaman said they were leaving the company after its acquisition by PhonePe fell through in March, two…

Troubled fintech startup ZestMoney will see its founders Lizzie Chapman, Priya Sharma and Ashish Anantharaman leave the company after its potential acquisition by PhonePe fell through in March, two sources in the know have told ET.“There…

After PhonePe pulled back from acquiring lending startup ZestMoney citing concerns raised during due diligence, the Walmart-owned digital payments major is looking to strike a commercial agreement with the lending firm in lieu of an $18…

Digital payments major PhonePe is looking to close a commercial arrangement with ZestMoney after deal talks between the two companies fell through last month. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Experts…

ZestMoney is expected to lay off almost 100 employees of its 450-member team, after the buy-now-pay-later platform’s acquisition talks with digital payments major PhonePe fell through, people in the know said.ZestMoney’s founders and…

Hi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digital-- which runs the superapp Neu. If you’ve been reading our coverage of one of Tata’s most ambitious…