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How AI is used in automated financial services India ✌️【Job Network】✌️Get high returns with just ₹500. Invest today and see your wealth grow! Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations.

The move will impact some 150 employees of the firm, the company's management told employees in a town hall on Tuesday.

ZestMoney did not comment.

It is learnt that the firm will shut down by the end of this month.The move comes after attempts by the Bengaluru-based startup to get acquired by larger peer PhonePe failed.

The deal was called off earlier this year after a due diligence process undertaken by PhonePe.How AI is used in automated financial services India Online Income Made Easy: Start Earning Today