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About the company
Zaggle Prepaid Ocean Services Limited is an India-based spend management solutions provider. The Company offers a diversified portfolio of Software-as-a-Service (SaaS), including tax and payroll software. Its product portfolio includes Propel, Save, and Zoyer. The Propel is a corporate SaaS platform for channel rewards and incentives and employee rewards and recognition. The Save is a SaaS-based platform and a mobile application to offer expense management solutions for businesses, facilitating digitized employee reimbursements and tax benefits. The Zoyer is an integrated data-driven, SaaS invoice-to-pay platform with embedded automated finance capabilities. Its products also include Expense Management System (EMS) and ZatiX. It caters to solutions for all types of businesses such as startups, SMEs, and corporates across industries including banking and finance, technology, healthcare, manufacturing, infrastructure, fast moving consumer goods (FMCG), and automobile.
- Revenue in INR (TTM)17.02bn
- Net income in INR1.29bn
- Incorporated2011
- Employees425.00
- LocationZaggle Prepaid Ocean Services LtdBoomerang BuildingGround Floor, B-1004,, Yadav Nagar, ChanMUMBAI 400072IndiaIND
- Phone+91 2 248794879
- Websitehttps://www.zaggle.in
Mergers & acquisitions
| Acquired company | ZAGGLE:NSI since announced | Transaction value |
|---|---|---|
| Rivpe Technology Pvt Ltd | -30.75% | 2.54m |
| Dice Enterprises Pvt Ltd | -42.17% | -- |
| Greenedge Enterprises Pvt Ltd | -42.17% | 3.15m |
| Effiasoft Pvt Ltd | -22.14% | 536.00k |
| Holder | Shares | % Held |
|---|---|---|
| Bank of India Investment Managers Pvt Ltd.as of 31 Jan 2026 | 3.30m | 2.46% |
| The Vanguard Group, Inc.as of 04 Feb 2026 | 2.52m | 1.87% |
| Motilal Oswal Asset Management Co. Ltd.as of 31 Dec 2025 | 821.22k | 0.61% |
| Matthews International Capital Management LLCas of 31 Dec 2025 | 618.32k | 0.46% |
| ITI Asset Management Ltd. (India)as of 31 Jan 2026 | 450.01k | 0.34% |
| Ashoka Whiteoak Capital Pte Ltd.as of 30 Jun 2025 | 420.41k | 0.31% |
| DSP Asset Managers Pvt. Ltd.as of 31 Jan 2026 | 360.62k | 0.27% |
| BlackRock Advisors (UK) Ltd.as of 06 Feb 2026 | 332.65k | 0.25% |
| BlackRock Fund Advisorsas of 05 Feb 2026 | 126.17k | 0.09% |
| SSgA Funds Management, Inc.as of 05 Feb 2026 | 78.99k | 0.06% |
