KreditPE acquisition offer for ZestMoney

ZestMoney announced acquisition proposal with KreditPE on December 17, 2023.

Primary

ZestMoney

Counterparty

KreditPE

Structure

acquisition proposal

Date

December 17, 2023

Sub-sector

BNPL

KreditPE proposes merging ZestMoney BNPL platform with postpaid UPI wallet to target aspirational Indian consumers and prevent platform shutdown.

Primary company

ZestMoney

Counterparty

KreditPE

Amount

—

Event date

December 17, 2023

Sub-sector

BNPL

HQ

—

Structure

acquisition proposal

Source published

December 17, 2023

Publisher

The Hindu BusinessLine

Source: thehindubusinessline.com