About Zaggle
Zaggle is a company based in Hyderabad (India) founded in 2011 by Raj Phani Narayanam. Zaggle has raised $13.75 million across 7 funding rounds from investors including Société Générale, Bank of India and Nuvama. The company has 431 employees as of March 31, 2024. Zaggle has completed 6 acquisitions, including Click&Pay, Dice and EffiaSoft. Zaggle operates in a competitive market with competitors including Razorpay, Sodexo, Karbon, Jeeves and Happay, among others.
- Headquarter Hyderabad, India
- Employees 431 as on 31 Mar, 2024
- Founders Raj Phani Narayanam
- Stage Minicorn
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Sectors
TechnologyTravel & Hospitality Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Zaggle Prepaid Ocean Services Limited
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Annual Revenue
$110.5 M (USD)21.7as on Mar 31, 2025
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Net Profit
$10.29 M (USD)99.73as on Mar 31, 2025
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EBITDA
$13.46 M (USD)61.25as on Mar 31, 2025
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Total Equity Funding
$13.75 M (USD)
in 7 rounds
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Latest Funding Round
$1.65 M (USD), Post-IPO
Dec 16, 2025
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Investors
Société Générale
& 23 more
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Employee Count
431
as on Mar 31, 2024
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Investments & Acquisitions
Click&Pay
& 5 more
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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.
People of Zaggle
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multiple sectors
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Locked | Locked | Locked | |
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Private equity investments in fintech and financial services are targeted.
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Locked | Locked | Locked | |
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Asset management focused on Performing Credit and alternative investment funds in India.
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Locked | Locked | Locked |
Investor details for Zaggle
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Investments & Acquisitions by Zaggle
Zaggle has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Click&Pay, Dice and EffiaSoft.
Investment portfolio details for Zaggle
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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EMIs and credit payments are facilitated via UPI QR codes.
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Locked | Locked | 2023 | Locked | |
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Corporate spend management and payment solutions are provided by Dice.
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Locked | Locked | 2018 | Locked | |
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Card-linked mobile app enables store payments and peer transfers.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Zaggle
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Financial Statements - Zaggle
Detailed financials for Zaggle
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Zaggle Comparisons
Peer comparison for Zaggle
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Competitors of Zaggle
Zaggle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Razorpay, Sodexo, Karbon, Jeeves and Happay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Payment and business banking solutions are provided for enterprises.
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| Locked | Locked | Locked |
Employee benefits payment cards are provided via an online platform.
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| Locked | Locked | Locked |
International payment and corporate expense solutions are offered to businesses.
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| Locked | Locked | Locked |
Payment and corporate financial cards are provided digitally by Jeeves.
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| Locked | Locked | Locked |
Expense management software and corporate cards are offered to businesses.
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Detailed competitors of Zaggle
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Zaggle
Complete news archive for Zaggle
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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 current CEO of Zaggle.
Zaggle is a funded company, having raised a total of $13.75M across 7 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Zaggle is 431.
Annual revenue of Zaggle is $110.5M as on Mar 31, 2025.
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.
Yes, Zaggle is publicly traded on NSE under the ticker symbol ZAGGLE.
Zaggle has 24 investors. Key investors include Société Générale, Bank of India, Nuvama, ICICI Prudential Asset Management Company, and Ventureast.
The ticker symbol of Zaggle is ZAGGLE on NSE.
The valuation of Zaggle is $207.25M as of Aug 2023.