Zaggle To Acquire Greenedge For INR 25 Cr

The deal would see Zaggle buy out 1.3 Lakh equity shares from Greenedge’s existing shareholders for INR 25 Cr

The golf-centric corporate engagement company recorded a turnover of INR 19.8 Cr in FY24, up 45% from INR 13.7 Cr in the previous fiscal year

All of these acquisitions are fuelled by Zaggle’s maiden qualified institutional placement (QIP) which was completed in December and saw the company raise INR 594.8 Cr

Continuing its acquisition spree this year, fintech…