Zaggle said this move will strengthen its position in spend management and the SaaS fintech sector. Last year, Zaggle acquired a 26% stake in Mobileware (now known as 86400) for Rs 15.6 crore.
Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 23 December – 27 December 2024.
Enterprise fintech company Zaggle Prepaid Ocean Services has raised ₹595 crore through a qualified institutional placement, with Bank of India becoming the largest buyer.
The fintech company Zaggle Prepaid Ocean Services announced that ValueQuest Scale Fund has contributed Rs 25 crore to its pre-IPO (initial public offering) round