ZestMoney, the BNPL platform, is in the final stages of being acquired by online-payments giant PhonePe. 

But ZestMoney has been unable to get enough scale online. Even after going offline, it failed to manage risks. It saw its losses shoot up by 3X in the last financial year.

PhonePe, meanwhile, has ambitions to expand by venturing into lending.

Can ZestMoney's loss be PhonePe's gain?

Tune in to find out.