Zaggle To Acquire Greenedge For INR 25 Cr

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SUMMARY

The deal would see Zaggle buy out 1.3 Lakh equity shares from Greenedge’s existing shareholders for INR 25 Cr

The golf-centric corporate engagement company recorded a turnover of INR 19.8 Cr in FY24, up 45% from INR 13.7 Cr in the previous fiscal year

All of these acquisitions are fuelled by Zaggle’s maiden qualified institutional placement (QIP) which was completed in December and saw the company raise INR 594.8 Cr

Continuing its acquisition spree this year, fintech…



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Zaggle To Acquire Greenedge For INR 25 Cr


SUMMARY

The deal would see Zaggle buy out 1.3 Lakh equity shares from Greenedge’s existing shareholders for INR 25 Cr

The golf-centric corporate engagement company recorded a turnover of INR 19.8 Cr in FY24, up 45% from INR 13.7 Cr in the previous fiscal year

All of these acquisitions are fuelled by Zaggle’s maiden qualified institutional placement (QIP) which was completed in December and saw the company raise INR 594.8 Cr

Continuing its acquisition spree this year, fintech…



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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