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Zaggle To Raise INR 60 Cr From Times Group, Promoter Entity

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SUMMARY

Fintech SaaS company Zaggle’s board has now approved raising INR 59.99 Cr promoter group entity RAN Ventures Pvt Ltd and Bennett Coleman and Company Ltd

The company didn’t disclose how it plans to use the freshly raised funds, but it is pertinent to mention that Zaggle has been on an acquisition spree of late

In a separate development, Zaggle said yesterday that it has entered into an agreement to extend a loan of INR 15 Cr to Dice Enterprises for working capital requirements of the latter

After raising INR 595 Cr…

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