Zaggle Prepaid Ocean Services Limited
Spend Management Solutions To Power Your Business Growth
2011
Founded
4500+ Cr
Valuation
FinTech
Sector
IPO
Funding Stage
About Zaggle Prepaid Ocean Services Limited
A SaaS based Fintech organization operating In India currently since 2011. We offer State-of -the-art financial & technology solutions, workflows & products for businesses (across sectors) to help automate and manage business spends effectively. Our
solutions empower our clients to enhance efficiency, accuracy, transparency, and improve productivity. We build financial solutions / products around SaaS + Payment +Credit for each segment.
A leading player in Spend Management space that is now listed on the NSE. we are at the intersection of SaaS and Fintech and One of the largest numbers of issuer of prepaid cards in India, which constitutes16 .0% of India’s total prepaid transaction volume (as of March31, 2023). Operates in a B2B2C segment and we are industry agnostic, and we work across small, mid to large
players
Develop &deploy innovative and customized solutions for enterprises, SME’s & Startups along: SaaS + Payment + Credit.
Company Information
Key Facts & Metrics
Corporate Customers: 3300+
Users: 3 Million+
Prepaid Cards Issued since Inceptio: 50 Million+
Team Size: 450+ Employees
Offices: 07
Network Partners: 03
Key Milestones
Company Founded
Kickstart of an Idea whose time has come
Joining of Our CEO
Avinash Godkhindi joins as CEO of Zaggle
Award Winning
Won the Global Prepaid Exchange Award for the Start-Up of the year Launch of BoMB (Box Office Movie Bonanza) Card
1st Milestone
Reached the first milestone of crossing 1 lakh cards in the market
Zaggle App Launch
Launched Zaggle app and began Loyalty & Cashback in restaurant space.
Growing Bigger
Crossed 5 lakh cards and unveiled its new logo and grew to multiple offices
Signed Up Brand Ambassadors
Zaggle acquired multiple companies in the Cashback, Tech, and Payment space. Signed up Jasprit Bumrah, Hardik Pandya, and Md. Siraj as Brand Ambassadors
Revenue and other Launches
Zaggle hits 650cr. in revenue, acquries tech startup Click & Pay, Launches the Zaggle corporate website, Employee Benefits, Expense Management Platform, Partners with Zagg Protocol, and ventured into the blockchain space.
Launch - PROPEL, SAVE, EDGE
Launched PROPEL - Channel Incentive& Engagement Platform.
Launch of ZikZuk
Launched sister company ZikZuk with founderscards as its product, a Business Infinite Credit Card for SME's. Zaggle wins the best FinTech Corporate Innovation Program Award at the Economic Times BFSI Innovation Tribe 2020
Partnerships
After a decade of success, Zaggle entered into lending space in partnerships with EarlySalary, Launched Zaggle Payroll Card, Partnered with RazorpayX
Launched - ZOYER
Launched Zoyer, Successfully foraying into the accounts payable automation and credit card market to accelerate growth
IPO
Zaggle's IPO bells rang triumphantly at NSE Mumbai. Zaggle files IPO for 750 Crores. YES BANK and Zaggle partners to launch Next-Gen Corporate Credit Card, with Zaggle's ZatiX, a spend analytics platform