Zaggle To Raise INR 60 Cr From Times Group, Promoter Entity

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SUMMARY

Fintech SaaS company Zaggle’s board has now approved raising INR 59.99 Cr promoter group entity RAN Ventures Pvt Ltd and Bennett Coleman and Company Ltd

The company didn’t disclose how it plans to use the freshly raised funds, but it is pertinent to mention that Zaggle has been on an acquisition spree of late

In a separate development, Zaggle said yesterday that it has entered into an agreement to extend a loan of INR 15 Cr to Dice Enterprises for working capital requirements of the latter

After raising INR 595 Cr…



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Zaggle To Raise INR 60 Cr From Times Group, Promoter Entity


SUMMARY

Fintech SaaS company Zaggle’s board has now approved raising INR 59.99 Cr promoter group entity RAN Ventures Pvt Ltd and Bennett Coleman and Company Ltd

The company didn’t disclose how it plans to use the freshly raised funds, but it is pertinent to mention that Zaggle has been on an acquisition spree of late

In a separate development, Zaggle said yesterday that it has entered into an agreement to extend a loan of INR 15 Cr to Dice Enterprises for working capital requirements of the latter

After raising INR 595 Cr…



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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