Zaggle Raises Stake In Mobileware With INR 7.25 Cr Investment

Fintech SaaS company Zaggle said in a statement that it has acquired 4,622 equity shares for INR 7.25 Cr from the promoters of Mobileware, representing a 12.34% stake in the company on a fully diluted basis

With this acquisition, Zaggle’s total shareholding in Mobileware has increased to 38.34% from 26% earlier

Mobileware’s UPI switch solutions will enable Zaggle to develop and co-create new use cases for clients, including solutions for lending, credit, and card management services

Fintech SaaS company Zaggle…