Zaggle to acquire Dice Enterprises for $14.7m, eyes SaaS expansion

By Puja Sharma

Zaggle Prepaid Ocean Services Ltd., a FinTech firm listed on the Mumbai stock exchange, plans to acquire Dice Enterprises Pvt. Ltd. for approximately $14.7 million (₹123 crore). Dice is a spend management company that provides solutions for business travel, procurement, and accounts payable, catering to enterprise clients across sectors.

The acquisition aligns with Zaggle’s strategic goal to broaden its software-as-a-service (SaaS) capabilities and deepen its enterprise offering. By integrating Dice’s skilled tech talent, Zaggle aims to accelerate innovation and enhance the feature set of its platform. The deal is expected to be finalised within 90 days. The board will determine the final acquisition structure—whether a cash transaction or share swap—at a later stage.

This move reinforces Zaggle’s ambitions to become a leading provider of end-to-end digital finance tools for corporates. The company has been actively expanding its ecosystem through acquisitions and partnerships to meet the evolving needs of modern businesses.

In a parallel development, Zaggle has recently joined hands with digital lending platform EarlySalary to deliver affordable credit solutions to more than 4,500 corporates and their employees. The partnership focuses on boosting financial wellbeing by offering services such as salary advances, medical loans, and personal credit facilities. This initiative complements Zaggle’s broader vision of positioning itself as a global digital bank.

By acquiring Dice and collaborating with lending players like EarlySalary, Zaggle is making strong strides in the FinTech space, blending spend management, credit access, and digital innovation to serve both enterprise and individual users more holistically.