May 17

ZestMoney Founders Resign as Goldman Sachs-Backed Fintech Struggles to Raise Funds

By Manish Singh

Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once drew the backing of many high-profile investors, including Goldman Sachs.

Lizzie Chapman, Priya Sharma and Ashish Anantharaman, the founders of ZestMoney, informed employees about their decision on Monday.

Photo courtesy of Ashwini Chaudhary.

Source: Tech Crunch (link opens in a new window)

Finance, Investing, Technology
corporations, employment, failure, fintech