Lending startup ZestMoney gets â¹94 cr funding led by Xiaomi
Bengaluru-based digital lending platform ZestMoney has raised $13.4 million (about â¹94 crore) in funding led by Chinese smartphone manufacturer Xiaomi. Existing investors including PayU, Ribbit Capital and Omidyar Network also participated in the extension of the Series A round. Founded in 2015, ZestMoney does risk profiling of e-commerce consumers opting for EMI payments and helps them get loans.