Zaggle's Chief Technology Officer, Srikanth Gaddam, is stepping down as of May 2026, due to personal matters. His departure will occur on May 27th after work hours, marking the end of his tenure at Prepaid Ocean Services.

RAN Ventures has boosted its ownership in Zaggle by purchasing an additional 1,00,000 shares on May 18, 2026. This increase raises their stake to 44.2%, holding a total of approximately 5.98 crore shares in Zaggle Prepaid Ocean Services Ltd.

Zaggle, a prepaid services provider, has partnered with Bikaji Foods International to manage their employee expenses using a Service-as-a-Service (SaaS) model. The cost of the agreement is based on active users and spending, with specific details yet to be finalized.

Kaynes Tech and Zaggle shares experienced a steep 27% drop over two days due to disappointing Q4 results, weak cash flow, and reduced revenue projections for the fiscal year ending 2026. The decline in Kaynes' shares is attributed to concerns about cash burn and execution risks raised by brokerages, whereas Zaggle maintains an optimistic outlook, focusing on growth through AI-driven strategies.

Zaggle, a prepaid services company, anticipates a substantial 40% growth in consolidated revenue for FY27, with standalone growth projected between 25-30%. Notably, promoters plan to expand their ownership stake following the cooling-off period.

Zaggle announces a 31% year-over-year increase in Q4 profit, reaching INR 41 crore, while revenue surged by 50% to INR 618 crore. The fiscal year 2026 revenue registered a growth of 46.3%, amounting to approximately USD 2.5 billion. The company anticipates a further 40% increase in consolidated revenue for FY27.

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Zaggle's share price plunged by 17%, representing its steepest drop since listing, due to concerns about contracting margins in Q4.

Zaggle Prepaid has announced a significant increase in Q4 net profit, reaching ₹406M, marking a 30% year-on-year growth over the previous year. The revenue for the same quarter also saw an impressive surge, amounting to ₹6.18B compared to ₹4.12B recorded last year.

Zaggle's Q4 earnings show a notable 17.6% increase in revenue compared to the previous quarter, and profits have grown by 11.8%. This suggests a promising growth trajectory for the prepaid solutions provider.

Zaggle Prepaid is aiming for a significant revenue growth of 25-40% by FY27, utilizing artificial intelligence as a key driver. The company's sights are set on global expansion to meet these ambitious goals.

Kamadgiri Exports has offloaded over 1.2 million shares of Zaggle at approximately INR 283 each in a recent stock sale, as per National Stock Exchange data.

Zaggle's board has agreed to modify the terms of the acquisition deal for Dice Enterprises, marking a change in the initial agreement. The specifics of this modification remain unclear at the moment.

Zaggle has purchased Dice Enterprises' assets for approximately INR 68 crore, a move aimed at bolstering its artificial intelligence (AI) products and expanding its customer base.

Zaggle has secured a 3-year deal with Supreme Industries, implementing their Propel rewards platform for internal channel rewards and recognition. This deal marks a new step in reinforcing partnerships within the domestic market.

Zaggle and Federal Bank have formed a strategic partnership, according to the announcement by Zaggle Prepaid Ocean Services. The details of this collaboration are yet to be disclosed, but it's expected that this could lead to innovative solutions in the prepaid services sector.

Zaggle Prepaid has partnered with Federal Bank, aiming to broaden their prepaid and payment services using Federal Bank's extensive customer network. This collaboration is set to enhance distribution capabilities in the payments sector.

Zaggle's Prepaid Ocean secures a two-year partnership with Generali Central Insurance, marking a significant move in digital payment solutions. This collaboration could potentially boost both companies' service offerings.

Generali Central Insurance has entered into a two-year partnership with Zaggle, granting access to the latter's Zaggle Zoyer platform services, ensuring no conflicts of interest are involved in the agreement.

Zaggle Prepaid Ocean Services announces the departure of their CFO, Venkata Aditya Kumar Grandhi, effective April 3, 2026. The company has appointed Rajesh Tummalaganti as interim CFO starting from April 4, 2026, until a permanent replacement is found.

Zaggle has abandoned its plans to acquire a majority stake in Effiasoft, following a reevaluation. This move overturns the initial acquisition announcement made on March 27, 2025.

Zaggle has decided to abandon its plans for acquiring Effiasoft, withdrawing from the proposed deal. This move comes as a change in the company's strategic direction regarding acquisitions.

Zaggle's shares skyrocketed by 15% due to a promising 40% growth forecast for FY27, driven by increased client acquisitions, cross-selling, and AI-driven cost savings. The company has streamlined operations by reducing tech workforce by 25% and shortening product cycles to 3-6 months.

Zaggle's shares saw a significant 16% rise, following the positive response from investors due to an optimistic financial year 2027 growth forecast presented by the company.

Zaggle Prepaid Ocean Services has acquired full ownership of Rivpe Technology as of March 30, 2026, making Rivpe a wholly-owned subsidiary of Zaggle.

Zaggle secures a five-year deal with Fanuc India for handling their employee expense management, ensuring no conflicts of interest or related party transactions are involved in the agreement.