Prepaid

Zaggle to acquire 45.33% in PoS firm Effiasoft for Rs 36.72 crore

Zaggle to acquire 45.33% in PoS firm Effiasoft for Rs 36.72 crore

28 Mar 2025, 20:51 PM

Zaggle said it received the approval from its board to acquire the stake from Effiasoft cofounders Koushik Shee and Akula Krishna Rao.

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

14 Nov 2024, 01:13 AM

The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.

Fintech Highlights

  1. Digital lender KreditBee converts into public entity ahead of IPO

  2. IPO-bound digital lender Ring (Kissht) sees FY25 profit dip, disbursements halved

  3. Madhur Deora to step down from Paytm's board but continue as President, group CEO

  4. PayPal partners with India's NPCI, others to launch global payments platform

  5. Anup Kumar Saha steps down as MD from Bajaj Finance
  6. Read more news...

AI/Emerging Tech

  1. AI supremacy: Taiwan follows US with mega global hub plan

  2. Trump government unveils artificial intelligence policy

  3. Intuit updates enterprise suite with AI agents to drive mid-market growth

  4. AI agent enablr Composio raises $25 million in Series A

  5. Perplexity AI in talks with phone makers to pre-install Comet browser
  6. Read more news...

Editor's Pick

  1. PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained