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Zaggle to buy VC-backed spend management platform Dice Enterprises
VCCircle
·
2m ago
Medial
Zaggle Prepaid Ocean Services Ltd is acquiring spend management startup Dice Enterprises for Rs 123 crore ($14.3 million), enhancing its product offerings and expanding its customer base. This strategic acquisition allows Zaggle access to Dice's skilled workforce, boosting future product capabilities. It's part of Zaggle's aggressive acquisition strategy post-IPO, following previous acquisitions in 2024 and 2025. The deal is expected to finalize within 90 days, fueling further growth in the Indian and global markets.
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Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund
Economic Times
·
1y ago
Medial
Enterprise spend management platform Dice has raised $5 million in a Series A funding round led by Dallas Venture Capital. The funds will be used for go-to-market initiatives, including enhancing market penetration, broadening customer outreach, optimizing sales and marketing strategies, and improving artificial intelligence capabilities. Dice leverages AI to automate and improve enterprise processes, and currently serves 75 enterprises, achieving an annual recurring revenue of $1.5 million. The company's major clients include Bajaj Electricals, Piramal Enterprises, and IDFC First Bank.
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Zaggle Forges Partnership With EaseMyTrip For Expense Management Solutions
OutlookIndia
·
1y ago
Medial
Zaggle, a SaaS-fintech platform providing spend management solutions, has partnered with EaseMyTrip to offer integrated travel and expense management solutions. The collaboration aims to streamline workflows, ensure policy compliance, and provide real-time visibility into travel expenditure. With over 2800 corporate clients, Zaggle's EMS platform will now provide end-to-end travel and expense management services. As Indian travellers' total expenditure is expected to reach $410 billion by 2030, Zaggle intends to strengthen its position in the travel domain through further alliances with travel management companies.
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Yes Bank announces partnership with Zaggle to launch next-gen corporate credit card
IndianStartupNews
·
2y ago
Medial
Yes Bank today announced the partnership with spend management platform Zaggle to launch a co-branded Corporate Credit Card that targets corporations that allocate a substantial portion of their company's budget to travel and entertainment expenditures.
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Zaggle Forges Partnership With EaseMyTrip For Expense Management Solutions
OutlookIndia
·
1y ago
Medial
SaaS-fintech platform Zaggle has joined forces with EaseMyTrip to offer integrated travel and expense management solutions. The collaboration combines travel booking functionality with expense reporting capabilities, providing streamlined workflow, policy compliance, and real-time visibility into travel expenditure. This partnership marks Zaggle's second major business alliance in the travel domain, as the company aims to strengthen its position by forging more partnerships in the future. Zaggle is known for its prepaid cards and spend management solutions, with a large and diversified user base.
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Zaggle Forges Partnership With EaseMyTrip For Expense Management Solutions
OutlookIndia
·
1y ago
Medial
Zaggle, a SaaS-fintech platform, has announced a collaboration with EaseMyTrip to provide integrated travel and expense management solutions. The partnership aims to streamline workflows, ensure policy compliance, and offer real-time visibility into travel expenditure. The collaboration allows over 2800 Zaggle corporate clients access to the Zaggle EMS platform, enabling end-to-end management of travel and expenses. With India projected to become the fourth-largest global spender, this collaboration marks Zaggle's second major partnership in the travel domain, with plans to establish more alliances in the future.
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VC-backed RuleZero’s Hissa floats fund to buy ESOPs from startup execs
VCCircle
·
7m ago
Medial
Hissa, an equity management platform by RuleZero Technology Solutions, has launched a $35 million fund to buy ESOPs from startup employees, addressing the issue of holding illiquid stocks in Indian startups. Targeting secondaries transactions, the Hissa Fund I aims to invest in 15-20 growth-stage startups, having already invested in AI-led robotics company Miko. Managed by RuleZero's team, the fund offers employees liquidity for personal investments. RuleZero, backed by various investors, was incubated at IndusLaw.
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Zaggle Partners ONDC To Facilitate Prepaid Payments To Customers
Inc42
·
1y ago
Medial
Fintech startup Zaggle has joined forces with Open Network for Digital Commerce (ONDC) to enable the issuance of prepaid payment instruments to ONDC customers. ONDC aims to integrate banks and fintech platforms and has recently begun credit disbursement pilots. Zaggle has been making inroads in the industry, having recently partnered with Hero MotoCorp to offer their expense management platform Zaggle Save to the auto company's employees.
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Zaggle Partners Hero MotoCorp To Help Streamline And Optimise Management Of Its Staff Expenses
Inc42
·
1y ago
Medial
Fintech SaaS startup Zaggle has entered into an agreement with Hero MotoCorp to provide its employee expense management platform, Zaggle Save. Zaggle Save is a multi-purpose card that can replace food cards, fuel cards, travel vouchers, gift cards, and more. The agreement with Hero MotoCorp will be in effect from July 4, 2024, until the agreement is terminated according to mutually agreed terms.
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Saudi VC Vision Ventures onboards Jordanian LP for second fund
VCCircle
·
9m ago
Medial
Saudi venture capital firm, Vision Ventures, has secured a limited partner commitment from Jordan's Innovative Startups and Small and Medium Enterprises Fund (ISSF) for its second fund, Saqr Fund II. ISSF, backed by the World Bank and the Central Bank of Jordan, has committed $5m to the $90m target fund to invest in Jordanian startups. Vision Ventures has already started deploying capital from Saqr Fund II, with investments including full-stack inventory management platform for the retail industry, Rewaa. Vision Ventures focuses on sectors such as fintech, SaaS, cybersecurity, and infrastructure technologies.
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SaaS firm Zaggle re-appoints Godkhindi as CEO, MD
VCCircle
·
1y ago
Medial
Fintech startup Zaggle has re-appointed Avinash Ramesh Godkhindi as its CEO and MD. Godkhindi, who has been with Zaggle since 2012, played a crucial role in the company's IPO in September 2023. He has over 20 years of experience in the financial industry and has previously worked with institutions like CitiBank, Barclays, and ING Bank. Zaggle offers an expense management platform to businesses and generated INR 553 crore ($74 million) in net sales in FY23.
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