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, 16:21 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%

13 Nov 2024, 20:43 PM

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

Fintech Hightlights

  1. Travel card fintech Scapia raises $40 million led by Peak XV

  2. Beams Fintech Fund participates in Infinity Fincorp’s $40 millon Series A round

  3. BlackSoil-Caspian Debt merger gets the RBI approval

  4. Plaksha University launches Binny Bansal Institute for Inventing the Future

  5. Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?