Paytm scaled down one of its most popular credit products Paytm Postpaid in December. The impact of this on Paytms business became evident on January 19, when the company reported its December quarter financials.
DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform. Through this acquisition, DMI will have the exclusive right to the use of all Zest brands.
According to sources, the officials of DMI Finance held a meeting with the employees including the ones that received the pink slips from ZestMoney regarding the fire sale and said that most of them will retain their jobs in the startup
ChrysCapital-backed school financier Varthana Finance is in the process of raising funds from an offshore investor, in what will be its second debt outing this ..
FY23 results for Myntra, ZestMoney, Curefoods, Unacademy, Sugar Cosmetics, and Kapiva presented a mixed picture on Wednesday, with surging revenues being mostly offset by wider losses. This and more in today s ETtech Top 5.