After a proposed acquisition deal with PhonePe fell through and its founders moved on, this round could be a lifeline for the pay-later sta...

The funding comes in the wake of payments major PayU writing off its investment in the company. Last fiscal, PayU’s close to 15% stake in Z...

Since January, PhonePe has raised $850 million via five deals, including with private equity firms General Atlantic, Ribbit Capital and Tig...

Walmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm Gener...

With the company in turmoil, its lending partners have turned cautious, given the loans extended through ZestMoney will eventually be sitti...

Gurgaon-based food-delivery company Zomato has gone live with a third-party Unified Payments Interface (UPI) application for some of its us...

Capping months of twists and turns at the troubled fintech startup ZestMoney, its founders Lizzie Chapman, Priya Sharma and Ashish Ananthar...

In a town hall held on Monday, ZestMoney’s founders— Chapman, Priya Sharma and Ashish Ananthataman— informed employees that they would be s...

“There was a town hall held on Monday by the management where the founders informed the rest of the team that they are leaving the company,...

Digital payments major PhonePe is looking to close a commercial arrangement with ZestMoney after deal talks between the two companies fell ...

The Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...

Tata Consultancy Services (TCS) said its net profit for the final quarter of fiscal 2023 rose 15% on-year, but India’s largest software exp...

Private equity, co-investors have infused $450 m in ongoing fundraise, may go up to $600m

ZestMoney’s founders and leadership informed employees about the layoff at a town hall meeting on April 6, they said. The impact is expecte...

PhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple peop...

The fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.

While the primary fundraising is estimated to be $1 billion in size, a secondary share sale will take the total financing to a range of $1....