SaaS fintech Zaggle plans at least 2 acquisitions next fiscal to drive growth

New Delhi, Dec 27 ( PTI) SaaS fintech platform Zaggle Prepaid Ocean Services Ltd plans to acquire at least two companies in the next financial year to drive growth, a top company official said on Friday.

The new-age fintech this week raised ₹595 crore through a qualified institutional placement.

“We are evaluating 5 to 6 potential targets in the SaaS FinTech space, including areas like merchant card software, accounts receivables, and FASTag solutions with plans to acquire at least two companies in the upcoming financial year,” Zaggle founder and Executive Chairman Raj Narayanam said.