Zaggle targets $1 billion revenue within 5-7 years, says CEO Avinash Godkhindi

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Avinash Godkhindi, Managing Director and CEO of Hyderabad-based SaaS fintech firm Zaggle Prepaid Ocean Services, said the company expects to reach $1 billion in revenue within the next five to seven years.

“We’ve already given a guidance of 10–11% margin for this year. In about five years, we expect margins to be at 14–15%, and in about seven years, we will be a billion dollars in revenue,” Godkhindi said. He added that momentum across business lines is strong, with new areas such as fleet management showing “great traction,” citing…



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Zaggle targets $1 billion revenue within 5-7 years, says CEO Avinash Godkhindi


Avinash Godkhindi, Managing Director and CEO of Hyderabad-based SaaS fintech firm Zaggle Prepaid Ocean Services, said the company expects to reach $1 billion in revenue within the next five to seven years.

“We’ve already given a guidance of 10–11% margin for this year. In about five years, we expect margins to be at 14–15%, and in about seven years, we will be a billion dollars in revenue,” Godkhindi said. He added that momentum across business lines is strong, with new areas such as fleet management showing “great traction,” citing…



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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