• About
  • Advertise
  • Contact
  • Login
NRI Affairs
Youtube Channel
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Other
No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Other
No Result
View All Result
NRI Affairs
No Result
View All Result
Home News

Australian firm investing USD 50 million in Indian company

NRI Affairs News Desk by NRI Affairs News Desk
September 23, 2021
in News
Reading Time: 2 mins read
A A
0
Zip Invests in India ZestMoney

Photo by Karolina Grabowska from Pexels

236
SHARES
2.1k
VIEWS
Share on FacebookShare on Twitter
Advertisements

Australian buy-now-pay-later company Zip will invest USD 50 million in India.

Zip Co Ltd said on Wednesday that it would acquire a minority interest in the Indian firm ZestMoney, one of the largest Indian buy-now-pay-later (BNPL) operators, founded in 2015.

Advertisements

Zip Co-founder and Chief Executive Officer Larry Diamond said in a statement, “We are excited to partner with ZestMoney to drive fair and responsible payment solutions in India. While ‘Buy Now Pay Later’ is emerging as a preferred mode of payment globally, in India, it also plays a crucial role in driving access to credit. With more people using digital payments and online shopping ZestMoney can positively impact hundreds of millions of lives in the coming years.”

Read This: Indian Stock Market becomes world’s sixth-largest, overtakes France

Advertisements

Zip is Australia’s second-largest BNPL player. The company is expanding its presence in the growing BNPL sector across Europe and the Middle East. It is already doing business in Canada, Czech Republic, Mexico, New Zealand, the Philippines, Poland, Saudi Arabia, South Africa, UAE, the UK, and the US.

WhatsApp Image 2022 05 05 at 6.19.09 PM WhatsApp Image 2022 05 05 at 6.19.09 PM WhatsApp Image 2022 05 05 at 6.19.09 PM
ADVERTISEMENT

Through its investment in Bengaluru-based ZestMoney, the Australian firm is entering India, a market poised to grow based on a massive young demographic.

Advertisements

Follow NRI Affairs on Twitter and Facebook for regular updates.

Advertisements
Share94Tweet59Send
NRI Affairs News Desk

NRI Affairs News Desk

Related Posts

Indian-appearance man run over during brawl at Sydney’s Bella Vista Metro Carpark
News

Indian-appearance man run over during brawl at Sydney’s Bella Vista Metro Carpark

May 16, 2022
Amar Singh, Founder of Turbans4Australia
News

Hindu organisation issues clarification on comments made against Sikh leader at Scott Morrison event

May 16, 2022
Manjit Kaur Sandhu and her daughter Khushroop
News

Australian-Indian mother daughter duo script history

May 16, 2022
Next Post
Dane Tehan

"We all have a stake in India's success", says Australian Minister for Trade

The Prime Minister, Shri Narendra Modi being greeted by the Indian Community on his arrival in Washington DC on September 22, 2021. (Photo: PIB)

Narendra Modi US Visit: Crowd of Indians welcomes Indian PM in US

PM Narendra Modi meets Kamala Harris, invites her to visit India

PM Narendra Modi meets Kamala Harris, invites her to visit India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

108,000 new immigrants move to Canada in first 3 months of 2022: India tops list of visa recipients

108,000 new immigrants move to Canada in first 3 months of 2022: India tops list of visa recipients

1 month ago
India Australia

Australia announces biggest ever investment package for India, but Free Trade Agreement remains elusive

2 months ago
Yoga teacher sexual assault

“Shameful and abhorrent”: Indian Yoga teacher jailed for sexual assault of a child

9 months ago
visa 3653493 1920

‘Overall decrease in places for many skilled visa streams is evident’: says expert after Australian budget

1 year ago

Categories

  • Literature
  • Multimedia
  • News
  • nriaffairs
  • Other
  • Top Stories
  • Uncategorized
  • Views
  • Visa

Topics

#religion Air India Australia Canada caste certificate covaxin COVID COVID-19 covishield cricket Diwali Europe Geeta genocide Hindu Hindutva Holi Human Rights immigration India Indian Indian Students Khalistan London Melbourne Modi Muslim Neetu New Zealand NRI NSW overseas travel quarantine Singapore trade travel uk Ukraine US USA vaccination Victoria visa women
NRI Affairs

© 2021 NRI Affairs.

Navigate Site

  • About
  • Advertise
  • Contact

Follow Us

No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Other

© 2021 NRI Affairs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT