Zaggle To Acquire 45% Stake In Effiasoft For INR 36.7 Cr

Zaggle said it will acquire the stake from Effiasoft cofounders Koushik Shee and Akula Krishna Rao in an all-cash deal

The company’s board also approved a proposal to acquire an additional 5.67% stake in Effiasoft from Shee and Rao for INR 4.59 Cr

Founded in 2012, Effiasoft offers end-to-end software solutions for PoS devices, inventory management and customer loyalty

Fintech SaaS company Zaggle plans to acquire a 45.33% stake in point of sale (PoS) software solutions provider Effiasoft for INR 36.72 Cr in an…