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BNPL startup ZestMoney raises $50 Mn in Series C round

Shortpedia

Content Team
Image Credit: zest money

Buy-now-pay-later (BNPL) startup ZestMoney said it has raised $50 million from leading BNPL firm Zip Co Limited. This is part of a larger Series C fundraise which will see participation from existing investors. The transaction marks Zip’s entry into the Indian market as the company will acquire a minority stake in ZestMoney and a board seat.