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KreditPE open letter to Zestmoney

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Itachi777

Stealth

9 months ago

Was this on LinkedIn?
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poker

Slice

9 months ago

Yep
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Itachi777

Stealth

9 months ago

They could have mailed the founders or send a LinkedIn message. Post daal ke Aisa lag rha hai flex kar rhe hai. " We are so good at lending, even other major players can't come close. We can save you." This sounds more like they are trying to attract investors for their own startup by showing how awesome they are. Have never seen a serious M&A deal being discussed so openly on LinkedIn before it even starts.
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salt

Gojek

9 months ago

This is some Harvey Specter bullshit move
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spymig

Fintech Startup

9 months ago

Who dat
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SAZ

Consultant

9 months ago

See if there are a lot of skeletons in the closet the erstwhile management would prefer shutting it down rather than sale. The acquirer has also not done their DD so they may not be aware of the potential issues. It is not very common for an operational NBFC to go without buyers except in limited scenarios.
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by Tuka

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ZestMoney layoff scenario

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Fintech India on

by CuriousScroller

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Memes on

by President_Trump

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Wtf is Buy now, pay later?

Why do almost all apps offer 'buy now, pay later' facilities these days? What if the majority of people don't pay later?

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Bangalore on

by Dos

Tactic

Startup Bros are net negative to society.

What has startups done that has added value to a normal Indian's life? Other than a few. Obviously, apart from fellow tech bros.

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Layoffs on

by TenHagsRed

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Indian Startups on

by Ashneer

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What all large startups will shut down (fold) over the next 18 months?

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Layoffs on

by Jack3d

Unicorn

Paytm: AI led job loss

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