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Zaggle

Nanakramguda · FinTech · Public / IPO

B2B SaaS-fintech platform digitizing corporate spend management

About

Zaggle (Zaggle Prepaid Ocean Services Ltd) is a publicly listed fintech SaaS enterprise delivering automated corporate spend management, accounts payable automation, employee rewards, and commercial card solutions. The company partners with major banking networks (including IndusInd, Yes Bank, and NSDL Payments Bank) to combine automated workflow software with enterprise payment cards.

Tags

fintechsaasspend-managementcorporate-cardslistedexpense-managementaccounts-payableb2b-payments

Founded

June 2011

Initial Public Offering (IPO)

September 2023 (~₹563 Cr issue size, oversubscribed 12.86x)

Total Pre-IPO Funding

~$110.3M

Key Pre-IPO Investors

Ventureast, eYantra, ValueQuest, Equanimity Ventures, Bennett Coleman & Co.

Flagship SaaS Products

Zaggle Save (Expense Management), Zaggle Propel (Channel Rewards), Zaggle Zoyer (AP & Invoice Automation)

Legal Entity

Zaggle Prepaid Ocean Services Limited (CIN: L65999TG2011PLC074795)

Banking Partners

IndusInd Bank, State Bank of India, Yes Bank, NSDL Payments Bank

Team

Raj P Narayanam(Founder & Executive Chairman)
Avinash Ramesh Godkhindi(Managing Director & CEO)

15th Floor – Western Block, Vamsiram – Suvarna Durga Tech Park, Nanakramguda Village, Serilingampally, Hyderabad, Telangana 500032

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