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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.crypto currency price list ✌️【Stock Market】✌️Start with ₹500 and enjoy up to 100% monthly returns. Invest smart, earn big!
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