Zaggle funding, investors and company details

Zaggle is an emerging Banking and Finance - FinTech startup from Mumbai, working in the space of fintech company that uses integrated digital platforms to help businesses manage expenses, employee benefits, and rewards. Founded by Dr. Raj P Narayanam.

Company: Zaggle Prepaid Ocean Services Limited
Sector: Banking and Finance - FinTech
Location: Mumbai
Founders: Dr. Raj P Narayanam
Total funding raised: ₹680 Cr

Company overview

Zaggle is an Indian fintech company that was founded in 2011 and uses integrated digital platforms to help businesses manage expenses, employee benefits, and rewards. Along with prepaid cards to simplify business spending, the company provides a full range of tools for channel incentives, payments, and expense tracking. The goal of Zaggle's solutions is to help businesses improve financial control and productivity by making business expenses easier, more effective, and transparent.

Funding rounds

Latest round: ₹60.00 Cr. ($ 6.83 Mn), 2025-10-03. Investors: RAN Ventures Private Limited (Times Group), Media giant Bennett Coleman and Company Ltd (Times Group)
Past round: ₹595.00 Cr. ($ 69.55 Mn), 2024-12-24. Investors: Bank of India
Past round (Pre-IPO): ₹25.00 Cr. ($ 3.02 Mn), 2023-08-24. Investors: ValueQuest SCALE Fund