Axio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following the successful ...

The deal will give DMI the exclusive right to use all brands of ZestMoney, with its non-banking finance company (NBFC) arm DMI Finance beco...

Overall revenue for the buy-now-pay-later platform grew 72% to Rs 250 crore during the year. Total expenses in FY23 also rose 21% year-on-y...

ZestMoney, which was offering buy-now-pay-later (BNPL) loans to customers at ecommerce and offline checkout points, had around December 5 i...

Indian startups are closing 2023 with a cloud of uncertainty looming large over them.

Large NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...

This move assumes significance at a time when the Reserve Bank of India has instructed banks and NBFCs to slow down on their unsecured lend...

PayU and Goldman Sachs-backed ZestMoney shut down operations, while Paytm decided to scale down its BNPL product Paytm Postpaid. Large NBFC...

Amid the ongoing cash crunch at Byju’s, founder and CEO Byju Raveendran told senior executives that he is aiming to address the crisis over...

ZestMoney employees were informed by CBO Mandar Satpute to start looking for new jobs. Two major NBFCs who were supporting ZestMoney via cr...

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...

After a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...

Troubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a...

Hi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digita...

This comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...

If the transaction goes through, it will be the biggest consolidation in the new-age lending sector, which has of late faced major regulato...

The fintech firm, which informed merchants of its decision on Wednesday, has requested all its merchants to deactivate the service from the...