Zaggle

Hyderabad, India Founded: 2011 • Age: 15 yrs Listed
Business spends, payments, and rewards are streamlined by automated workflows.
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About Zaggle

Zaggle is a publicly listed company based in Hyderabad (India) founded in 2011 by Raj Phani Narayanam. Business spends, payments, and rewards are streamlined by automated workflows. It operates in the Technology, Travel & Hospitality, and Financial Services sectors. Zaggle has raised $13.75 million across 7 funding rounds from investors including Société Générale, Bank of India and Nuvama. The company has 425 employees. Zaggle has completed 6 acquisitions, including Click&Pay, Dice and EffiaSoft. Zaggle was last valued at $207.25 million in August 2023. Its chief executive, as recorded, is Avinash Godkhindi. Its website zaggle.in draws about 30 thousand monthly visits. Its Indian entity Zaggle Prepaid Ocean Services Limited reported revenue of ₹1,950 Cr. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its competitors include Razorpay, Karbon and Happay; 3 of its 3 listed competitors have raised funding.

Company details

Zaggle was founded in 2011 in Hyderabad, India, as a platform focused on spend management and payments in the fintech sector. Automated workflows are utilized to handle employee benefits, expenses, allowances, and channel partner incentives. Prepaid cards, digital rewards, and recognition tools are provided to support operations across various industries. Services are extended to enterprises seeking practical solutions for financial processes.

  • Headquarters Hyderabad, India
  • Employees 425
  • Founders Raj Phani Narayanam
  • Stage Public
  • Sectors
    Technology
    Travel & Hospitality Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website zaggle.in
  • Social LinkedIn X Facebook
  • Legal Name Zaggle Prepaid Ocean Services Limited
Operational Areas
Technology → HR & Workforce Technology
Travel & Hospitality → Online Travel
Technology → Finance & Accounting Applications
Financial Services → Payments & Remittance Platforms
Key Metrics
  • Market Cap
    ₹2,281 Cr

    ZAGGLE · NSE

  • Share Price
    ₹167.06

    -1.54% today

  • Revenue
    ₹1,908 Cr

    FY 2025-26 · +46.3% YoY

  • EBITDA
    ₹185 Cr

    Margin 9.7%

  • Net Profit
    ₹138 Cr

    FY 2025-26 · +60.2% YoY

  • P/E (TTM)
    17.2x

    P/B 1.6x

  • Total Equity Funding
    $13.75M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.65M (USD), Post-IPO

    Dec 2025

  • Investors
    Société Générale

    & 23 more

  • Employee Count
    425
  • Investments & Acquisitions
    Click&Pay

    & 5 more

Funding Insights of Zaggle

Zaggle has successfully raised a total of $13.75M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.65 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $13.75M
  • Total Rounds 7
  • Last Round Post-IPO — $1.65M
  • First Round $49,490

    (Nov 2017)

  • Investors Count 24

All 7 funding rounds of Zaggle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2025$1.65MPost-IPO––
Bennett, Coleman & Co
Oct 2025$4.51MPost-IPO––
Brand Capital
Dec 2024$69.58MPost-IPO––
Societe Generale, ICICI Prudential Asset Management Company
Aug 2023$11.76MSeries A$207.25MBengal Finance and Investment
ValueQuest, VIKASA India EIF Fund
Mar 2023$6.1MDebt – Conventional––
Vivriti Asset Management
May 2022$1.94MSeries A$425.81MMavericks
Saji Desouza, Vishal Kumar Gupta
Nov 2017$49,490Seed–Ventureast
–
Valuation history
DateValuationStage
Aug 2023$207.25M••••••••
May 2022$425.81M••••••••

Last known valuation $207.25M (Aug 2023). 24 investors in total: 14 institutional and 10 angel.

Investors in Zaggle

Zaggle has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Société Générale, Bank of India and Nuvama.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Bengal Finance and Investment
Private equity firm focused on multiple sectors
Mumbai, India
Vikasa India EIF Fund
Private equity investments in fintech and financial services are targeted.
Mumbai, India
Vivriti Asset Management
Asset management focused on Performing Credit and alternative investment funds in India.
2017vivritiamc.comChennai, India
Mavericks
Early-stage startups are funded by Mavericks venture capital fund.
Ventureast
Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
1997ventureast.netBengaluru, India
Brand Capital
brandcapital.co.in
Société Générale
Full-service corporate advisory is provided to global clients.
1864societegenerale.comParis, France
ICICI Prudential Asset Management Company
Real estate funds are managed through multiple investment strategies.
1993icicipruamc.comMumbai, India
Nuvama
An integrated wealth management platform is operated by Nuvama.
2008nuvama.comMumbai, India
Bank of India
Financial services are provided to retail, corporate, and rural clients.
1906bankofindia.co.inMumbai, India
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Investor details for Zaggle

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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Board of directors of Zaggle Prepaid Ocean Services Limited (Zaggle)

Zaggle Prepaid Ocean Services Limited is the primary company behind Zaggle. The board of Zaggle Prepaid Ocean Services Limited currently have 6 directors; the longest-serving is Raj P Narayanam, appointed in 2012. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raj P Narayanam
DIN 00410032
Whole-time director30 Apr 201214 yrs 6 moZaggle Prepaid Ocean Services Limited
Avinash Ramesh Godkhindi
DIN 05250791
Managing Director07 May 201214 yrs 6 moZaggle Prepaid Ocean Services Limited
Abhay Deshpande Raosaheb
DIN 00427314
Director22 Aug 20224 yrs 2 moZaggle Prepaid Ocean Services Limited
Prerna Tandon
DIN 09652432
Director26 Sep 20224 yrs 1 moZaggle Prepaid Ocean Services Limited
Arun Vijaykumar Gupta
DIN 05131228
Director26 Sep 20224 yrs 1 moZaggle Prepaid Ocean Services Limited
Aravamudan Krishna Kumar
DIN 00871792
Director26 Sep 20224 yrs 1 moZaggle Prepaid Ocean Services Limited

People of Zaggle

64 people are tracked at Zaggle (18 in leadership, 1 in board & advisors, 45 in team); the tracked headcount is 425.

NameRoleGroup
Raj Phani Narayanam
FounderLeadership
Avinash Godkhindi
CEO & Managing DirectorLeadership
Anjali Desai
Vp, Business HeadLeadership
Vidyaniwas Khetawat
Chief Investor Relations OfficerLeadership
Aditya Kumar
CFOLeadership
Ravi Katakam
Assistant Vice President Finance & AccountsLeadership
Ayra Khan
Head Business Development & Customer SuccessLeadership
Arati Parashar
Vice President & Business HeadLeadership
Saurabh Puri
Chief Business Officer - Credit Cards And Lending ProductsLeadership
Srikanth Gaddam
Chief Technology OfficerLeadership
Ravindra Reddy
Director Of EngineeringLeadership
Harmeet Singh Arora
Vice President - Corp Comm, PR & EventsLeadership
Subhashree Mohanty
Senior Vice President - Head Strategic Partnerships & AlliancesLeadership
Pawan Tripathi
Asst. Director- Commercial PaymentsLeadership
Ammar Sayed
Associate DirectorLeadership
Anshul Aggarwal
Assistant DirectorLeadership
Latha Iyer
Chief Human Resources OfficerLeadership
Himanshu Desai
Associate Director & Head - Talent Acquisition & HR Business PartnerLeadership
Raj P Narayanam
Executive ChairmanBoard & advisors
Sayed Husain
Senior Business Development OfficerTeam

44 more people are available in the full profile.

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Complete people profiles for Zaggle

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Zaggle

Zaggle is a publicly listed company on the NSE with ticker symbol ZAGGLE in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date22 Sep 2023
  • Listed onNSE: ZAGGLE · BSE: 543985
  • Listed entityZaggle Prepaid Ocean Services Limited
  • Exchange sectorTechnology services
  • ISININE07K301024
  • Share price₹170.96 (+1.93% on the day) · 2026-10-14
  • Market capitalisation₹2,256 Cr
  • Price to earnings17.8
  • EPS (diluted, trailing year)₹9.63
  • Volume (last session)506,681

Financials of Zaggle

Exchange-reported figures of Zaggle Prepaid Ocean Services Limited, the listed company behind Zaggle (NSE: ZAGGLE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,908 Cr
+46.3% YoY
EBITDA
₹185 Cr
+62.2% YoY
Profit After Tax
₹138 Cr
+60.2% YoY
Net Worth
₹1,404 Cr
+12.5% YoY
Total Assets
₹1,465 Cr
+15.3% YoY
Total Debt
₹54.63 Cr
+174.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue1,9081,304776553
Revenue growth+46.3%+68.1%+40.1%-
EBITDA18511470.6548.14
EBITDA margin+9.7%+8.8%+9.1%+8.7%
Profit before tax18511859.7831.64
Net profit13886.2343.9722.87
Net profit margin+7.2%+6.6%+5.7%+4.1%
EPS (₹)10.266.553.592.48
Balance sheet
Total assets1,4651,271664191
Net worth1,4041,24857548.75
Total debt54.6319.8886.63141
Cash & bank54665327922.60
Net working capital1,1181,009553131
Cash flow
Cash from operations(51.47)19.70(82.75)(15.62)
Cash from investing75.13(486)(332)(24.31)
Cash from financing44.1449640358.81
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue423618526432332412337303
Revenue growth (YoY)+27.5%+49.9%+56.0%+42.9%+31.6%---
Other income8.9310.278.7011.0912.3512.753.536.05
EBITDA30.9158.3452.1643.9730.5035.9228.9626.71
EBITDA margin+7.3%+9.4%+9.9%+10.2%+9.2%+8.7%+8.6%+8.8%
Depreciation12.6912.549.857.477.026.263.962.44
Interest1.661.601.281.371.081.132.252.21
Profit before tax25.4954.4749.7346.2234.7541.2826.2828.11
Tax7.9613.8612.6811.228.6410.156.527.80
Net profit17.5340.6137.0535.0026.1131.1319.7620.31
EPS (₹)1.303.022.752.601.942.311.601.65
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,8531,30377655337124068.33
Revenue growth+42.2%+68.0%+40.1%+49.1%+54.7%+251.2%-
EBITDA18111570.6648.1459.9527.6311.25
EBITDA margin+9.8%+8.9%+9.1%+8.7%+16.2%+11.5%+16.5%
Profit before tax17811759.7931.6451.1918.204.77
Net profit13387.4744.0322.8741.9319.333.72
Net profit margin+7.2%+6.7%+5.7%+4.1%+11.3%+8.1%+5.4%
EPS (₹)9.876.523.592.482,328.941,073.89206.61
Balance sheet
Total assets1,4571,26666419167.4828.076.56
Net worth1,4001,24857548.75(3.56)(45.55)(64.96)
Total debt53.1316.4386.6314170.3173.0671.03
Cash & bank53565327922.603.613.296.28
Net working capital1,0321,01155313136.372.18(15.82)
Cash flow
Cash from operations(6.32)19.85(82.75)(15.62)20.083.41(20.41)
Cash from investing18.12(486)(332)(18.15)(9.87)(1.01)(3.74)
Cash from financing47.1749640352.64(12.29)(5.68)26.79
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue390593498431331411336303
Revenue growth (YoY)+17.7%+44.1%+47.9%+42.4%+31.4%---
Other income6.737.758.509.3011.7112.733.533.74
Total expenses361538447387301375307276
EBITDA29.1554.8350.8943.9530.9036.6529.4526.71
EBITDA margin+7.5%+9.3%+10.2%+10.2%+9.3%+8.9%+8.8%+8.8%
Depreciation10.8010.419.787.426.976.163.962.44
Interest1.661.491.391.371.081.112.252.21
Profit before tax23.4250.6848.2244.4634.5642.1126.7725.80
Tax6.0012.9212.2511.228.6810.156.527.23

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue423618526432332412337303
Revenue growth (YoY)+27.5%+49.9%+56.0%+42.9%+31.6%---
Other income8.9310.278.7011.0912.3512.753.536.05
EBITDA30.9158.3452.1643.9730.5035.9228.9626.71
EBITDA margin+7.3%+9.4%+9.9%+10.2%+9.2%+8.7%+8.6%+8.8%
Depreciation12.6912.549.857.477.026.263.962.44
Interest1.661.601.281.371.081.132.252.21
Profit before tax25.4954.4749.7346.2234.7541.2826.2828.11
Tax7.9613.8612.6811.228.6410.156.527.80
Net profit17.5340.6137.0535.0026.1131.1319.7620.31
EPS (₹)1.303.022.752.601.942.311.601.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue1,9081,304776553
Revenue growth+46.3%+68.1%+40.1%-
Other income42.4226.8611.271.12
Total expenses1,7231,190705505
Employee cost0.0066.7451.2843.58
EBITDA18511470.6548.14
EBITDA margin+9.7%+8.8%+9.1%+8.7%
Depreciation36.8814.798.366.20
Interest5.337.7113.7811.42
Profit before tax18511859.7831.64
Tax46.4030.5215.768.74
Net profit13886.2343.9722.87
Net profit margin+7.2%+6.6%+5.7%+4.1%
EPS (₹)10.266.553.592.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital13.4513.4212.259.22
Reserves & surplus1,3761,23556339.53
Shareholders' funds (net worth)1,4041,24857548.75
Minority interest2.580.990.000.00
Secured loans43.905.0973.6090.03
Unsecured loans10.7314.7913.0351.32
Total debt54.6319.8886.63141
Total liabilities1,4651,271664191
Assets
Gross block29518140.8542.00
Net block21914222.6028.92
Capital work in progress66.5848.0649.8610.87
Investments32.1824.7926.501.72
Inventories0.840.330.360.10
Sundry debtors361215175103
Cash & bank balances54665327922.60
Loans & advances29918413249.25
Total current assets1,2071,053586175
Total current liabilities88.4643.8832.4943.52
Net working capital1,1181,009553131
Total assets1,4651,271664191
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash38.187.9419.590.71
Net cash from operating activities(51.47)19.70(82.75)(15.62)
Net cash from investing activities75.13(486)(332)(24.31)
Net cash from financing activities44.1449640358.81
Net change in cash67.8030.24(11.65)18.88
Closing cash54665327922.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+46.3%+68.1%+40.1%-
EBITDA growth+62.2%+61.4%+46.8%-
PBT growth+56.4%+98.1%+88.9%+9997.0%
Net income growth+60.2%+96.1%+92.3%-
Revenue CAGR (3Y)+51.1%---
EBITDA CAGR (3Y)+56.6%---
Profitability & leverage
Net income margin+7.3%+6.7%+5.7%+4.1%
Return on capital employed-+13.0%+17.2%+22.5%
Return on net worth-+9.6%+14.1%+47.0%
Debt / equity-0.060.372.90
Long-term debt / equity-0.030.222.07
Interest cover3.607.7722.1227.23
Efficiency & per share
Fixed asset turnover-11.7818.7213.18
Inventory turnover-3,779.013,372.175,534.60
Debtors turnover-6.695.595.39
EPS (₹)10.266.553.592.48
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)0.0092.9946.975.29
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue390593498431331411336303
Revenue growth (YoY)+17.7%+44.1%+47.9%+42.4%+31.4%---
Other income6.737.758.509.3011.7112.733.533.74
Total expenses361538447387301375307276
EBITDA29.1554.8350.8943.9530.9036.6529.4526.71
EBITDA margin+7.5%+9.3%+10.2%+10.2%+9.3%+8.9%+8.8%+8.8%
Depreciation10.8010.419.787.426.976.163.962.44
Interest1.661.491.391.371.081.112.252.21
Profit before tax23.4250.6848.2244.4634.5642.1126.7725.80
Tax6.0012.9212.2511.228.6810.156.527.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,8531,30377655337124068.33
Revenue growth+42.2%+68.0%+40.1%+49.1%+54.7%+251.2%-
Other income37.2624.5111.271.120.410.330.03
Total expenses1,6721,18770550531121257.08
Employee cost0.0065.6051.2843.5815.4312.4610.55
EBITDA18111570.6648.1459.9527.6311.25
EBITDA margin+9.8%+8.9%+9.1%+8.7%+16.2%+11.5%+16.5%
Depreciation34.5814.698.366.202.102.051.88
Interest5.337.6913.7811.427.077.714.63
Profit before tax17811759.7931.6451.1918.204.77
Tax45.0729.9415.768.749.26(1.13)1.05
Net profit13387.4744.0322.8741.9319.333.72
Net profit margin+7.2%+6.7%+5.7%+4.1%+11.3%+8.1%+5.4%
EPS (₹)9.876.523.592.482,328.941,073.89206.61
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.4513.4212.259.220.180.180.18
Reserves & surplus1,3721,23456339.53(3.74)(45.73)(65.14)
Shareholders' funds (net worth)1,4001,24857548.75(3.56)(45.55)(64.96)
Secured loans43.905.0973.6090.0326.0528.6928.00
Unsecured loans9.2311.3413.0351.3244.2644.3743.03
Total debt53.1316.4386.6314170.3173.0671.03
Total liabilities1,4571,26666419167.4828.076.56
Assets
Gross block20113743.1539.7918.8112.1112.02
Net block13410422.6028.9111.927.328.39
Capital work in progress66.5822.0249.8610.871.500.000.00
Investments19281.5826.501.720.000.000.00
Inventories0.840.330.360.100.110.270.02
Sundry debtors33421517510342.9522.6815.92
Cash & bank balances53565327922.603.613.296.28
Loans & advances22618413249.2514.879.954.41
Total current assets1,0961,05358617561.5436.1926.63
Total current liabilities63.1442.1832.4943.5225.1734.0142.45
Net working capital1,0321,01155313136.372.18(15.82)
Total assets1,4571,26666419167.4828.076.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash37.997.9419.590.712.796.063.43
Net cash from operating activities(6.32)19.85(82.75)(15.62)20.083.41(20.41)
Net cash from investing activities18.12(486)(332)(18.15)(9.87)(1.01)(3.74)
Net cash from financing activities47.1749640352.64(12.29)(5.68)26.79
Net change in cash58.9830.05(11.65)18.88(2.08)(3.28)2.64
Closing cash53565327922.603.613.296.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+42.2%+68.0%+40.1%+49.1%+54.7%+251.2%-
EBITDA growth+56.6%+63.2%+46.8%-19.7%+117.0%+145.6%-
PBT growth+51.5%+96.4%+89.0%-38.2%+181.3%+281.6%+9997.0%
Net income growth+51.9%+98.7%+92.5%-45.5%+116.9%+419.6%-
Revenue CAGR (3Y)+49.6%+52.0%+47.9%+100.8%---
EBITDA CAGR (3Y)+55.4%+24.4%+36.8%+62.4%---
Profitability & leverage
Net income margin+7.2%+6.7%+5.7%+4.1%+11.3%+8.1%+5.4%
Return on capital employed-+13.0%+17.2%+31.4%+73.3%+34.6%+12.7%
Return on net worth-+9.6%+14.1%+75.5%+585.5%+805.4%+157.6%
Debt / equity-0.060.374.680.000.000.00
Long-term debt / equity-0.020.152.670.000.000.00
Interest cover3.657.6422.1227.2312.2230.1449.41
Efficiency & per share
Fixed asset turnover-14.4618.7018.8924.0119.895.68
Inventory turnover-3,775.803,372.175,271.051,954.001,654.973,416.50
Debtors turnover-6.695.597.6011.3112.434.29
EPS (₹)9.876.523.592.482,328.941,073.89206.61
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0092.9646.975.29(197.67)(2,530.61)(3,608.72)

Investments & Acquisitions by Zaggle

Zaggle has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Click&Pay, Dice and EffiaSoft.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Rio
EMIs and credit payments are facilitated via UPI QR codes.
rio.moneyBengaluru, India2023Jul 2025$2.5M
Golftripz
Custom golfing holiday packages are booked via an online platform.
golftripz.comHyderabad, India2009Jun 2025$3.15M
Dice
Corporate spend management and payment solutions are provided by Dice.
dice.techPune, India2018Jun 2025$14.32M
EffiaSoft
Cloud-based ERP solutions are provided for small and medium businesses.
effiasoft.comHyderabad, India2012Mar 2025$4.76M
Click&Pay
Card-linked mobile app enables store payments and peer transfers.
clickandpay.co.inHyderabad, India2015Jul 2018••••
Pennyful.com
Cash Back platform for online shopping
pennyful.comBengaluru, India2010Apr 2017••••
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Timeline of Zaggle

11 dated milestones of Zaggle across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zaggle is founded.
  2. Acquisition Acquires Pennyful.com.
  3. Funding First funding round of $49K.
  4. Acquisition Acquires Click&Pay.
  5. Milestone Reaches Minicorn status.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires EffiaSoft.
  8. Acquisition Acquires Dice.
  9. Acquisition Acquires Golftripz.
  10. Acquisition Acquires Rio.
  11. Funding Latest funding round, Post-IPO, of $1.7M.

Competitors of Zaggle

Zaggle has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Karbon and Happay.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Razorpay
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
Karbon
karboncard.com2019Bengaluru, India$30.2M142
International payment and corporate expense solutions are offered to businesses.
Happay
happay.com2012Bengaluru, India$22.35M225
Expense management software and corporate cards are offered to businesses.
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Detailed competitors of Zaggle

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Web traffic of Zaggle

The website of Zaggle (zaggle.in) receives about 29.6K visits a month.

  • Monthly visits
    29.6K

    ▲ 8.1% vs previous month

Similar websites

Websites whose visitors overlap most with Zaggle. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
giftxoxo.com
giftxoxo.com
100%
–
zazzle.fr
zazzle.fr
76%
#245,257–
Myntra
myntra.com
57%
113.8M#236View details
Jabong
jabong.com
57%
32.6K#1,162,178View details
YouTube
youtube.com
28%
30.4B#2View details
••••••••••••••••.com••%•.•M#•••••–
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  • Audience overlap
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Related news about Zaggle

Zaggle Prepaid Ocean Services: Co Wins Two Gold Awards at Finixx Summit & Awards 2026 for Best Campaign in Financial Dailies and Best Newspaper Jacket Innovation.
Exchange Update • 10 days ago
Zaggle Prepaid Ocean Services: Signs One-Year Deal With AGP City Gas To Offer Zaggle Propel Platform.
Exchange Update • 13 days ago
Zaggle gets approval to set up subsidiary in Abu Dhabi Global Market
Udaipur Kiran • 1 month ago
Zaggle expects Zoyer platform to contribute up to 50% of revenue as Bandhan AMC deal expands SaaS business - CNBC TV18
CNBCTV18 • 1 month ago
Zaggle Prepaid Ocean Services: Enters Agreement With Bandhan AMC Limited For Zaggle Zoyer Platform, Valid Until Termination.
Exchange Update • 1 month ago
Vijay Kedia's fresh bet on a fintech stock
Mint • 2 months ago
Zaggle Prepaid shares rally 17% in three sessions after Vijay Kedia buys stake
Moneycontrol • 2 months ago
Vijay Kedia bets on this stock after 45% YTD crash; IT shares rebound 18%
ZEE Business • 2 months ago
Vijay Kedia's Kedia Securities acquires stake in AI-led SaaS fintech Zaggle Prepaid, stock surges more than 17% on NSE
Mint • 2 months ago
YC Holdings sells Rs 1,435 crore Groww stake; Vijay Kedia firm buys 1.48% in Zaggle Prepaid
Moneycontrol • 2 months ago
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Articles about Zaggle on our blog

Frequently Asked Questions about Zaggle

Zaggle was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Zaggle is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Avinash Godkhindi is the CEO of Zaggle, as recorded in our data.

Zaggle is a funded company, having raised a total of $13.75M across 7 funding rounds to date. The company's 1st funding round was a Seed of $49.49K, raised on Nov 2017.

Zaggle has 425 employees.

The primary company behind Zaggle, Zaggle Prepaid Ocean Services Limited, reported revenue of ₹1,950 Cr for FY 2026, up 46% year on year.

Zaggle was founded in 2011 in Hyderabad, India, as a platform focused on spend management and payments in the fintech sector. Automated workflows are utilized to handle employee benefits, expenses, allowances, and channel partner incentives. Prepaid cards, digital rewards, and recognition tools are provided to support operations across various industries. Services are extended to enterprises seeking practical solutions for financial processes.

Zaggle's top competitors include Razorpay, Happay and Karbon.

Yes, Zaggle is publicly traded on NSE under the ticker symbol ZAGGLE.

Zaggle has made 6 acquisitions, including Click&Pay, Dice, and EffiaSoft.

Zaggle has 24 investors. Key investors include Société Générale, Bank of India, Nuvama, ICICI Prudential Asset Management Company, and Ventureast.

The valuation of Zaggle is $207.25M as of Aug 2023.

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