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Leading Indian firm, once valued over Rs 3200 crore, to shut down due to… - Vimarsana News

Leading Indian firm, once valued over Rs 3200 crore, to shut down due to…

Just last year, ZestMoney boasted a vast channel network of 75,000 physical outlets and over 10,000 partners online. The company’s business soared during the Covid-19 pandemic as its transactions increased by 300 percent.

Why is ZestMoney shutting down; reasons behind downfall of homegrown fintech startup - Vimarsana News

Why is ZestMoney shutting down; reasons behind downfall of homegrown fintech startup

ZestMoney was valued at $445 million and raised over $130 million from a range of investors, like Ribbit Capital, Omidyar Network, PayU, Xiaomi and Alteria Capital, among others.

UN Launches Gates-Funded Global Digital ID Program as Experts Warn of 'Totalitarian Nightmare' « nuclear-news - Vimarsana News

UN Launches Gates-Funded Global Digital ID Program as Experts Warn of 'Totalitarian Nightmare' « nuclear-news

“the reality is that these tools have the potential for furthering exclusion of political activists, whistleblowers, and other individuals who hold controversial opinions," With support from the Bill & Melinda Gates Foundation, the United Nations this month launched its “50-in-5” campaign to promote and accelerate the development of a global digital public infrastructure. One critic…

Report: Indian BNPL Startup ZestMoney to Wind Down Operations - Vimarsana News

Report: Indian BNPL Startup ZestMoney to Wind Down Operations

Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the…

Source: biztoc.com
ZestMoney, Once Valued at $445M, Announces Shutdown Amid Investor Woes - Vimarsana News

ZestMoney, Once Valued at $445M, Announces Shutdown Amid Investor Woes

ZestMoney, an Indian buy-now, pay-later startup, has terminated employees as it opted to shut down after unsuccessful attempts to find a buyer.