back Back

Zaggle bags 85 new contracts worth 4.5 billion

By Leandra Monteiro

August 13, 2021

  • India
  • Zaggle
Share

Zaggle, Fintech, GMV, billion, new contracts, SMEs, digital fundingFinTech Company Zaggle has announced today that they have successfully bagged 85 new contracts in the first quarter of FY2021-2022.

AT&T, Mitsubishi Electric Corp, Philips Carbon, UpGrad, RXIL, Perelli, Liberty Steel, Motilal Oswal and Nuvoco Vista are some of the top clients that the company has bagged in this quarter. Zaggle has been seeing a stellar performance and has witnessed a 30% growth in the existing quarter as compared to the erstwhile quarter.

Since its inception, Zaggle has been helping corporate and SMEs to digitize their spends and expenses with the help of their bespoke products viz, Expense Management Platform and Rewards and Recognition Platform. Along with that, the pre-paid card business has also been successful for a lot of SME’s.

Commenting on the big win, Mr. Raj N. Founder and Chairman of Zaggle and ZikZuk said, “At Zaggle our main objective is to alleviate the intricacies of expense management that companies face. We are glad we have been successful in helping so many companies to ease their expense management and this has truly augmented the growth of our company each passing year. Our remarkable performance in the existing quarter has bolstered our confidence immensely and we are assertive that our clientele will see a massive boom in the years to come.”

Mr. Avinash Godkhindi, CEO and MD of Zaggle said, “This quarter has been a huge win for us. We have already surpassed 30% growth and it is definitely going to invigorate the further success of the company in the present fiscal year. We are glad to know that we are being able to help so many companies go digital with our SaaS-based Platforms. It is our firm belief that Zaggle will keep evolving and entirely digitize the expense management systems of numerous firms.”

Acknowledging the services of Zaggle, Jatinder Anand, Senior Manager-Planning and Accounts Executive of Mitsubishi Electric Corporation said, “We are delighted to be associated with Zaggle Prepaid Ocean Service Pvt. Ltd. Our employees are very satisfied with Zaggle’s Prepaid Card Solution. Zaggle meal cards are widely accepted and are well supported by their efficient technical platform which gives delight as well as tax benefits to our esteemed employees.”

Marketing & Sales Support Team of Pirelli Tyre (Suisse) SA, Shubham Thakur stated, “Zaggle follows incredible work standards and determination to serve their clients with their top notch services. We primarily associated with Zaggle to assist us with our dealer incentives program and customer e-warranty registration portal. The company’s service team was quite proactive and deployed the projects right on time while maintaining supreme quality in both their products and services.”

Commenting on their long term association with Zaggle, Sib Sagar Shaw Administration Team of PCBL said, “Looking at Zaggle’s product innovations, we decided to migrate from our existing meal card services to the ones offered by Zaggle and there was no looking back after that. The smooth association and ease of business with the company has been very fruitful and we wish to do long-term business with them in the coming years.”

Previous Article

August 13, 2021

Currenxie raises USD 10 million in Series A funding round

Read More
Next Article

August 13, 2021

Zambia’s Ross Breeders partners with Cellulant to digitise payments

Read More








IBSi Daily News Analysis

Fraud

April 25, 2024

India

Multi-layered financial fraud prevention solutions save over $18bn in losses, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Iress brings Nomo Bank’s Sharia mortgages to its platform

Read More

April 25, 2024

4 Green FinTech start-ups offering sustainable financial solutions

Read More

April 25, 2024

Newbury Building Society partners with Sopra Banking Software

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023