Mumbai: Zaggle, one of India’s leading B2B SaaS FinTech innovators, today announced two landmark developments that reinforce its growth trajectory and underscore strong shareholder confidence.
In a significant demonstration of conviction, Zaggle’s Promoters have infused an additional INR 20 Cr at INR 567/share. This infusion reflects the Promoters’ unwavering belief in the company’s long-term vision, intrinsic value, and ability to deliver sustained growth. Importantly, this premium investment highlights their strong alignment with shareholders, reinforcing stability, governance, and a continued focus on value creation.
Parallelly, Zaggle also announced a strategic brand-led investment of INR 40 Cr from Brand Capital, the strategic investment arm of The Times Group (BCCL), structured through equity warrants at the same price of INR 567/share.
The Brand Capital partnership provides Zaggle with unparalleled media strength across The Times of India, The Economic Times, Times Internet, nationwide OOH networks, and cinema advertising, enabling the company to scale visibility across Tier-1 and Tier-2 markets in multiple languages.
Dr. Raj P Narayanam, Founder & Executive Chairman, Zaggle, said, “The Promoters’ additional investment at INR 567/share is the strongest testament to our belief in Zaggle’s intrinsic value and future potential. Alongside, the strategic brand-led investment from Brand Capital provides us with unmatched media reach, ensuring deeper brand resonance across India. Together, these investments bring the dual advantage of stability, credibility and acceleration, positioning Zaggle for long-term success.”
These dual reinforcements of promoter-led conviction and brand-led validation not only strengthen governance and alignment but also accelerate market reach, empowering Zaggle to continue its mission of delivering intelligent, AI-led spend management solutions to enterprises across India.
