ZestMoney’s failed buyout is the last nail in BNPL coffin
The concerns flagged by PhonePe owner Walmart for not going ahead with the acquisition are emblematic of all that’s wrong with the buy now pay later business in India.
4 April, 2023•8 min
0
4 April, 2023•8 min
0
More in Internet
Internet
Groww shares fall 10% to hit lower circuit after big post-listing rally
Analysts attribute the crash on Wednesday to short-sellers getting stuck and an overstretched valuation.
You may also like
Internet
There’s more to Paytm’s optimistic results than meets the eye
Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.
Internet
An appreciation of the late-mover advantage
From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.
