Entretenimiento

ZestMoney: DMI Group acquires ZestMoney in a firesale

Financial services company, DMI Group has acquired beleaguered buy-now-pay-later (BNPL) startup Zestmoney in a fire sale. Through the acquisition, DMI will have the exclusive right to the use of all Zest brands, with its non-banking finance company (NBFC) arm DMI Finance being the preferred lender on Zest’s platform, it said in a statement on Wednesday.

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Entretenimiento

Financial report card for Myntra, ZestMoney, Unacademy; Union Bank employees slam perks in digital currency

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. Also in this letter:■ Byju’s general counsel Roshan Thomas quits■ Retailers flag concerns over Samsung’s upgrade offer■ Norms for moving used

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