ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 ...

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private Limited (ATPL), which offers payment products across banking ...

Non-banking financial company DMI Finance Pvt. Ltd has raised $230 million (Rs 1,600 crore) in equity capital from majority investor New Investment Solutions (NIS) to grow its lending business. NIS, a ...

Burman Family Holdings' investments range from "promising" domestic startups like DMI Finance to global companies such as Yum! Brands Inc.'s Taco Bell and Aviva Plc. Samsung has partnered with New ...

Led by new investor Sumitomo Mitsui Trust Bank (SuMi TRUST Bank) digital financier DMI Finance closes a $47 million equity investment round. This equity raised by DMI Finance takes its total equity ...

DMI Finance to take over ZestMoney in a fire sale deal Non-banking financial company (NBFC) DMI Finance, which was in the fray to acquire beleaguered Buy Now Pay Later startup ZestMoney is likely to ...

Indian shadow bank DMI Finance Pvt said it’s raising fresh funding from Japan’s Mitsubishi UFJ Financial Group Inc. at a valuation of about $3 billion as it seeks to ramp up its lending. MUFG is set ...

To provide prescriptive and predictive analytics on a single unified platform This marks further strengthening of the ACTICO-DMI partnership ACTICO, a global leader in providing software for ...

Mumbai, Maharashtra, New Delhi, Delhi, India: Cyril Amarchand Mangaldas advised DMI Finance Private Limited (DMI Finance), a RBI registered Non-banking Financial Company (NBFC), on its USD 400 million ...

DMI Finance Private Limited has closed a $400-million equity investment round led by Japanese player Mitsubishi UFJ Financial Group through its consolidated subsidiary MUFG Bank. Existing investors ...