Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale

TechCrunch
By Manish SinghJan 17, 2024, 1:40 pm143 pts
ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new age lender. The two firms didn’t disclose the terms of the deals, but a…

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