5 Must-Know Indian Spend Management Platforms for 2025

By Gloria Mathias

India’s spend management landscape is undergoing a rapid transformation, revolutionising how businesses handle payments, track expenses, and optimise costs. These platforms have become essential for organisations aiming to enhance financial efficiency and operational performance. By automating processes, offering real-time visibility, and delivering data-driven insights, spend management solutions empower businesses to control spending, make smarter decisions, and maximise ROI. In a world where cost optimisation is key, these tools are setting new benchmarks for efficiency and resource allocation.

Listed are 5 spend management platforms making a significant impact in 2025:

• Omnicard

Omnicard is India’s first and only bank-independent UPI-enabled omnichannel payment platform. Launched in 2021, it combines cutting-edge technology and strategic collaborations to deliver faster, simpler, and more secure financial transactions. Designed to bridge the gap between fintech innovation and traditional banking, OmniCard provides seamless expense control and tracking for both businesses and individuals.

• Happay

Happay offers a fully integrated suite of travel, expense, and payment solutions designed to create a seamless pre-trip, on-trip, and post-trip experience for businesses. With real-time visibility and control over travel spending, Happay empowers enterprises by integrating with existing systems such as ERP, HRMS, and project management software. Trusted by over 6,500 customers worldwide, including leading names like PWC, the Tata Group, and Maruti Suzuki, Happay is a partner of choice for managing corporate expenses at scale.

• Zaggle

Founded in 2011, Zaggle has established itself as a prominent player in the FinTech industry. With over 50 million prepaid cards issued in collaboration with banking partners, Zaggle serves more than 3 million users. Its SaaS-based portfolio includes expense management, payments, and rewards management solutions catering to various corporate needs. Initially focused on corporate customers, Zaggle has expanded its expertise to offer advanced financial tools and insights.

• EnKash

EnKash, founded in 2018 by industry veterans, has quickly become a leader in India’s corporate card space. The platform provides digital B2B payment solutions and improves credit accessibility for SMEs and startups. With its smart Corporate Cards and Spend Management Platform, EnKash has enabled over 100,000 businesses to digitise and automate their payment processes. Supported by USD 23 million in funding, EnKash continues to innovate in the FinTech space.

• Kodo

Kodo is an all-in-one spend management and procurement platform built for fast-growing companies. Trusted by over 2,000 businesses, including Cars24, Mensa Brands, and Zetwerk, Kodo simplifies corporate expenses with flexible cards, automated vendor payments, and streamlined procurement processes. Backed by Y Combinator and global investors like Brex, Kodo integrates seamlessly with ERP systems to deliver real-time financial insights.