ZestMoney to Cease Operations, Impacting 150 Employees
ZestMoney set to shut operations this month

NEW DELHI: Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations. The move will impact some 150 employees of the firm, the company's management told employees in a town hall on Tuesday. ZestMoney did not comment. It is learnt that the firm will shut down by the end of this month.

The move comes after attempts by the Bengaluru-based startup to get acquired by larger peer PhonePe failed. The deal was called off earlier this year after a due diligence process undertaken by PhonePe, while evaluating the potential acquisition failed to meet its bar. The Walmart-owned fintech major had, however, hired some 130 of ZestMoney's employees.

watch Watch AD
Unlock More
Can Vijay be the Next MGR in Tamil Nadu Elections?
Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money — anywhere from Rs 12.5 lakh to Rs 19 lakh — and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
logo Trending News
Indian Stock Market Update: Nifty50 and BSE Sensex Trade Flat After RBI Announcement
Indian Stock Market Update: Nifty50 and BSE Sensex Trade Flat After RBI Announcement
Market experts anticipate sideways trading, with attention focused on the Reserve Bank of India's monetary policy. (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex traded flat on Wednesday, following the RBI’s monetary policy announcement and continued foreign fund outflows. As of 10:14 AM, the Nifty50 was down 46.50 points or 0.19%, trading at 24,603.05. While the 30-share BSE Sensex slipped 81
Gold and Silver Price Prediction Today
Gold and Silver Price Prediction Today
Gold price prediction: MCX Gold prices have been trading significantly above the ₹1,00,000 mark, indicating strong bullish momentum in the domestic market. (AI image) Gold and silver price prediction today: Gold rates have been exhibiting bullish momentum in the domestic market. What levels of gold and silver prices should investors watch out for? Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group shares his views: MCX Gold MCX Gold prices have
Stock Market Today: Impact of US Tariffs on Indian Markets
Stock Market Today: Impact of US Tariffs on Indian Markets
Thursday's trading will be influenced by the US President's implementation of additional 25% tariffs. (AI image) Stock market today: Indian stock markets opened in the red on Thursday after US President Donald Trump announced a sharp hike in tariffs on Indian goods, doubling them to 50%, weighing on overall market sentiment. As of 11:42 AM, the Nifty50 was down 138.05 points (0.56%) at 24,436.15. The BSE Sensex also fell by 409.02 points (0.51%) to 80,134.97. Earlier in the day at 9:1
National Securities Depository Ltd (NSDL) Soars on Debut, Shares List 15% Higher
National Securities Depository Ltd (NSDL) Soars on Debut, Shares List 15% Higher
National Securities Depository Ltd (NSDL) shares had a robust start on Wednesday, opening 15% above the issue price of Rs 800. NSDL shares debuted at Rs 880 on the BSE, marking a 10% premium over the issue price. The stock surged further by 15% to reach Rs 920, propelling the company's market valuation to Rs 18,249 crore on the BSE. NSDL's Initial Public Offering (IPO) of Rs 4,011 crore garnered a subscription of 41 times on the closing day of bidding on Friday. Despite N
TCS Announces Salary Hikes for 80% of Employees Amidst Layoff Plans
TCS Announces Salary Hikes for 80% of Employees Amidst Layoff Plans
Tata Consultancy Services (TCS), India's largest IT services firm, has announced salary hikes for approximately 80% of its staff members. The salary hikes will mainly cover the IT giant's junior and mid-level employees. The salary hike comes at a time when TCS has announced that it will lay off around 12,000 employees in the course of this year.
Asian Stock Markets Rise on US Rate Cut Hopes
Asian Stock Markets Rise on US Rate Cut Hopes
Asian stock markets climbed on Thursday, buoyed by a tech rally on Wall Street, upbeat earnings, and hopes of US rate cuts. Investor confidence followed after Trump's 100% chip tariff threat came with exemptions for several companies.
Warren Buffett's Circle of Competence: An Investing Philosophy
Warren Buffett's Circle of Competence: An Investing Philosophy
Warren Buffett, the billionaire investor behind the success of Berkshire Hathaway, is widely admired not just for his wealth, but for his simple, time-tested investment philosophy. One of his most powerful ideas is the “circle of competence” — the concept that you don’t need to understand everything about every business to be a great investor. Instead, staying within your intellectual comfort zone is the key to making rational, long-term decisions. As Buffett once wrote, understanding your limits is more important than having a vast amount of knowledge. This principle still offers a practical framework for anyone looking to invest wisely in today’s fast-paced market.
T&T Group to Launch Rs 700 Crore Residential Project in Raj Nagar Extension
T&T Group to Launch Rs 700 Crore Residential Project in Raj Nagar Extension
T&T Raj Nagar Extension, known for its affordability, may soon see a shift in its residential landscape. T&T Group is preparing to launch a premium housing project in the area, with an estimated worth of Rs 700 crore, which is expected to significantly expand its market share in the luxury housing market.Spread across 3.25 acres, the upcoming project will feature over one million square feet of built-up area and offer 3 and 4 BHK apartments across Ground + 16-storey towers. The design reportedly