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Grapevine: A91, Blue Earth make new bets; ZestMoney founders get Jio backing for new startup

General

10 January, 2024

Grapevine: A91, Blue Earth make new bets; ZestMoney founders get Jio backing for new startup

ChrysCapital-backed school financier Varthana Finance is in the process of raising funds from an offshore investor, in what will be ......

Prosus writes off ZestMoney investment; highlights Swiggy's slowing growth

TMT

28 June, 2023

Prosus writes off ZestMoney investment; highlights Swiggy's slowing growth

Netherlands-based tech investor Prosus, which has pumped close to $9 billion in Indian companies, has marked down its $38 million ......

ZestMoney appoints new senior management after founders quit

TMT

16 May, 2023

ZestMoney appoints new senior management after founders quit

A day after all co-founders of ZestMoney decided to step down, the Bengaluru-based digital lending startup has announced a new ......

Grapevine: Pension funds eye Mahindra Susten InvIT; PhonePe may waive Zestmoney debt

General

26 April, 2023

Grapevine: Pension funds eye Mahindra Susten InvIT; PhonePe may waive Zestmoney debt

Global pension funds British Columbia Investments and APG Asset Management are among investors seeking a stake in Mahindra Susten Pvt ......

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

General

30 March, 2023

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) platform ZestMoney,   after months ......

Kae Capital-backed LoanTap snaps up Unofin to boost healthcare lending play

TMT

29 March, 2023

Kae Capital-backed LoanTap snaps up Unofin to boost healthcare lending play

Pune-based digital lending platform LoanTap Financial Technologies Pvt Ltd on Wednesday said it has bought healthcare-focussed fintech firm Unofin in ......

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PhonePe to acquire BNPL startup ZestMoney

Finance

25 November, 2022

PhonePe to acquire BNPL startup ZestMoney

Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech startup ZestMoney, two people ......

Tortoise raises funds from Swiggy, ZestMoney chiefs

Finance

01 September, 2022

Tortoise raises funds from Swiggy, ZestMoney chiefs

Save-now-buy-later platform, Tortoise has raised an undisclosed amount of funding from Swiggy’s co-founder and chief executive officer (CEO) Sriharsha Majety ......

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Quona Capital's third fund exceeds target of $250 mn, gears for final close

Finance

04 May, 2022

Quona Capital's third fund exceeds target of $250 mn, gears for final close

Venture capital company Quona Capital is set to mark the final close of its third fund in a few months ......

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VCs warm up to savings apps amidst the frenzy for BNPL products

TMT

04 April, 2022

VCs warm up to savings apps amidst the frenzy for BNPL products

Venture capital (VC) firms are starting to back savings apps even as buy now pay later (BNPL) apps are garnering ......