Cluster · 1 sources · 1 article

Zaggle Q4 profit ₹41 Cr, up 30%; revenue ₹618 Cr

First reported 13 May, 06:09 pm

Why this matters

Zaggle’s Q4 profit hit ₹41 Cr, a 30% YoY increase, on ₹618 Cr revenue as enterprise spend-management demand surged. The Bengaluru-based fintech firm logged its fourth consecutive profitable quarter, driven by cost efficiencies and wider adoption among large corporates. This growth reflects rising SaaS penetration in India’s B2B fintech space. For Indian founders, it signals pressure to scale profitably while competing for enterprise budgets—watch for consolidation in spend-management tools.

Timeline

01 13 May, 06:09 pm IST

Inc42 · fintech · 3 min

Zaggle Q4 profit ₹40.6 Cr, up 30%; revenue jumps 50% to ₹210 Cr

Bengaluru fintech firm posts ₹210 Cr revenue, 50% YoY growth, as spend-management demand rises

Timeline

Zaggle Q4 profit ₹40.6 Cr, up 30%; revenue jumps 50% to ₹210 Cr