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DMI Group acquires troubled ZestMoney in a distressed sale
short by Pratham Nagpal / on Wednesday, 17 January, 2024
Delhi NCR-based DMI Group has acquired troubled fintech startup ZestMoney in what appears to be a distress sale. As part of the deal, the Group will have the exclusive right to use all Zest brands and the company’s NBFC arm, DMI Finance, will be the preferred lender on the BNPL platform.
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