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December 9, 2025
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- Sun, 14 December 2025
Fintech firm Zagglen, in a strategic move to enhance its SaaS capabilities and accelerate revenue growth, Prepaid Ocean Services Ltd has acquired spend management startup Dice Enterprises for ₹123 crore.
This acquisition aligns with Zaggle’s ambition to double its revenue by FY26, targeting ₹2,000 crore in gross revenue and ₹150–200 crore in net profit.
The acquisition of Dice Enterprises is a significant step in Zaggle’s strategy to expand its SaaS offerings. By integrating Dice’s spend management solutions, Zaggle aims to provide more comprehensive services to its corporate clients.
This move is expected to enhance Zaggle’s market position and attract a broader client base seeking integrated financial solutions.
Zaggle’s financial performance has been on an upward trajectory.
In FY24, the company reported a 40% increase in operating revenue, reaching ₹775.6 crore, and a 92% rise in net profit to ₹44 crore. The Q4 FY24 results were particularly strong, with net profit more than doubling year-on-year to ₹19.2 crore and operating revenue hitting ₹273.4 crore, a 46.3% increase from the previous year.
The strong numbers reflect how Zaggle’s growth plans are falling into place—and show there’s plenty of room for it to grow even further in the fintech space.
With the acquisition of Dice Enterprises, Zaggle is well-positioned to enhance its SaaS offerings and achieve its ambitious revenue targets.
The company’s focus on strategic acquisitions and robust financial performance indicate a strong foundation for sustained growth in the fintech industry.
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