Zaggle Raises Stake In Mobileware With INR 7.25 Cr Investment

, By INC42
FinTech

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SUMMARY

Fintech SaaS company Zaggle said in a statement that it has acquired 4,622 equity shares for INR 7.25 Cr from the promoters of Mobileware, representing a 12.34% stake in the company on a fully diluted basis

With this acquisition, Zaggle’s total shareholding in Mobileware has increased to 38.34% from 26% earlier

Mobileware’s UPI switch solutions will enable Zaggle to develop and co-create new use cases for clients, including solutions for lending, credit, and card management services

Fintech SaaS company Zaggle…



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Zaggle Raises Stake In Mobileware With INR 7.25 Cr Investment

, Published By INC42
FinTech


SUMMARY

Fintech SaaS company Zaggle said in a statement that it has acquired 4,622 equity shares for INR 7.25 Cr from the promoters of Mobileware, representing a 12.34% stake in the company on a fully diluted basis

With this acquisition, Zaggle’s total shareholding in Mobileware has increased to 38.34% from 26% earlier

Mobileware’s UPI switch solutions will enable Zaggle to develop and co-create new use cases for clients, including solutions for lending, credit, and card management services

Fintech SaaS company Zaggle…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Ireland-India Partnership Strengthened as Irish Minister James Lawless Concludes Landmark Trade and Education Visit
Next News
Udyogi Experience Center: A Pan-India Safety Awareness Initiative
INC42

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