ZestMoney has reportedly raised $5-7 Mn from a group of investors, including existing backer Quona Capital
Zip, Omidyar Network India, Flourish VC and Scarlet Digital also participated in the latest funding round
As the BNPL startup has been struggling after the PhonePe deal fell through, this equity infusion may help keep it on track in its efforts to turnaround its business
Troubled fintech startup ZestMoney has reportedly raised $5-7 Mn from a group of investors, including existing backer Quona Capital.
Zip, Omidyar Network India, Flourish VC and Scarlet Digital also participated in the latest funding round, ET reported.