Zestmoney

SaaS goes to space as some software startups are in a race to survive

Welcome back to Equity. This is our Friday show, and today, Mary Ann Azevedo, Kirsten Korosec and Alex Wilhelm got together to go over the week's biggest tech and startup news.

Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down

ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down

ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds

Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once drew the b

Indian buy now, pay later startup ZestMoney raises $50 million from Australia’s Zip

ZestMoney, a Bangalore-based buy now, pay later platform, said on Wednesday it has raised $50 million in a new financing round from Australia’s Zip as the Indian firm looks to double down on a trend

Indian tech startups raised a record $14.5B in 2019

Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.6 billion last year, according to research firm Tracx

Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

One of America’s largest banks has just poured in some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalor

Xiaomi launches app to offer credit to millennials in India

Xiaomi, the top smartphone vendor in India, today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese elec

India’s ZestMoney raises $20M to grow its digital lending service

Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20 million Series B. The round is led

Lizzie Chapman to talk about building a fintech startup in India at Disrupt Berlin

Fintech startups are growing rapidly in Europe. But it doesn’t mean that the fintech revolution is limited to Europe. That’s why I’m glad to announce that Lizzie Chapman from ZestMoney is coming

Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal

Xiaomi has continued its investment in India after it led a $13.4 million round for fintech startup ZestMoney. The newly-public Chinese firm previously said it would invest up to $1 billion in India