SaaS Startup Zaggle has agreed to supply its solutions to Zepto's parent company, KiranaKart Technologies

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Zaggle stated that it will offer Zepto with its cost management platform "Zaggle Zoyer Petty Cash" and employee benefits platform "Zaggle Save"

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Zaggle Zoyer Petty Cash enables organizations to manage little expenses in a streamlined and automated manner

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Software helps businesses with real-time tracking, preventing cash leakage, pre-checking expenditures, and providing great control and transparency

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Zaggle Save is an employee spending management program that allows employees to save money on taxes through flexible benefit plans

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The customer service agreement with Zepto will increase Zaggle's order book and add a prominent domestic player to its client roster

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The development came shortly after Zaggle raised INR 594.84 crore through qualified institutional placement (QIP) last month

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Notably, in September 2024, Zaggle purchased a 26% share in Mobileware Technologies for INR 15.6 crore

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Net profit rose by 167.67% to INR 20.29 Cr in Q2 FY25, up from INR 7.58 Cr in Q2 FY24. Revenue increased by 64.21% to INR 302.55 Cr from INR 184.24 Cr

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The company's shares closed 2.47% lower on the BSE on Wednesday (January 8) at INR 532.25

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