New Delhi: Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer, media reported on Wednesday. ZestMoney was valued at $445 million and raised over $130 million from a range of investors, like Ribbit Capital, Omidyar Network, PayU, Xiaomi and Alteria Capital, among others. According to a report in TechCrunch, the startup’s new leadership informed the employees about the decision to shut down on Tuesday. “The startup will fully wind down by the end of the month, the leadership said,” according to the report. There was no official word from ZestMoney on winding up its operations. The buy now
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