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Shaping The Future Of Spend Management
For The World

Zaggle builds technology-led Spend Management solutions that automate workflows, improve transparency, and enable efficient business operations.

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Zaggle Team

About Us

Who We Are

Your support in smarter and efficient spend management.

We, at Zaggle, simplify spend management for businesses of all sizes. Since 2011, we've been empowering organizations to automate payments, expenses, and rewards. It is aimed at making financial workflows smarter, faster, and more efficient. Offering a range of innovative solutions, we help businesses save time, manage budgets, and boost employee satisfaction.

The Power Of Zaggle

#1

Issuer of Prepaid Cards in India

Top 5

Issuer of Business Credit Cards in India

50 M+

Cards Issued

Our Presence

3600+

Corporate Users

3.5M+

Users

50M+

Cards Issued

19

Bank Partners

Mission, Vision & Values

Office Space

VISION

Our core values lie in uplifting the customer's experience through simple and efficient products.

MISSION

To build state-of-the-art FinTech solutions workflow and products which would help automate and empower businesses to increase efficiency, accuracy, transparency and productivity and which would eventually help India achieve the goal of becoming a digital economy.

VALUES

  • • Innovation
  • • Empathy
  • • Reliability
  • • Customer Centricity
  • • Security
  • • Transparency
  • • Excellence
  • • Sustainability
  • • Continuous Improvement

Our Journey

2011
Zaggle Founded

Zaggle Founded

Zaggle was founded, marking the beginning of an innovative journey in financial technology.

2012
Avinash Godkhindi Joins as CEO

Avinash Godkhindi Joins as CEO

Avinash Godkhindi joined Zaggle as CEO, setting the stage for scale and growth.

2013
Global Recognition

Global Recognition

Zaggle was awarded the Global Prepaid Exchange Award for Startup of the Year and launched the BoMB (Box Office Movie Bonanza) Card.

2014
100,000 Cards Milestone

100,000 Cards Milestone

Zaggle crossed its first major growth milestone by issuing over 100,000 cards in the market.

2015
Launch of the Zaggle App

Launch of the Zaggle App

The Zaggle App was launched, expanding loyalty and cashback solutions in the restaurant sector.

2016
Half a Million Cards Issued

Half a Million Cards Issued

Card issuance crossed 500,000, alongside the introduction of a new logo and expansion into multiple office locations.

2017
Brand Ambassadors Onboarded

Brand Ambassadors Onboarded

Hardik Pandya and Jasprit Bumrah came on board as brand ambassadors, strengthening Zaggle’s brand presence.

2018
Revenue Milestone Achieved

Revenue Milestone Achieved

Annual revenue surpassed ₹650 million. Click & Pay was acquired, corporate website was launched, and partnerships in the blockchain sector began.

2019
New Solutions Introduced

New Solutions Introduced

Zaggle expanded its portfolio with solutions for engagement, expense management, and prepaid gifting.

2020
Industry Recognition

Industry Recognition

Zaggle won the ET BFSI Innovation Award for innovation in financial services.

2021
Entry into Lending

Entry into Lending

Zaggle entered the lending segment with EarlySalary, launched the Payroll Card, and partnered with RazorpayX.

2022
Zoyer Launched

Zoyer Launched

Zoyer was launched, enabling Zaggle to offer fully automated accounts payable solutions and advanced credit card capabilities.

2023
Listed on NSE and BSE

Listed on NSE and BSE

Zaggle delivered record financial performance, was listed on the NSE and BSE, launched the YES Bank Zaggle Corporate Credit Card, and rolled out the Zatix analytics platform.

2024
Multiple Honors Received

Multiple Honors Received

Zaggle received the Pride of Telangana Award and FinTech Brand of the Year recognition, while also seeing strong enterprise adoption of its spend management solutions, expanding BROME across enterprises, and raising ₹595 crore through a QIP.

2025
Strategic Expansion

Strategic Expansion

Zaggle launches the Smart Employee Purchase Program, signs Ayush Mhatre as a brand ambassador, and completes strategic acquisitions of Dice, Greenedge, and Rio Money, strengthening Zaggle’s product suite.

Our Clients

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Our Network Partners

Our Leadership

Dr. Raj P Narayanam

Founder and Executive Chairman

Dr. Raj P Narayanam

Avinash Ramesh Godkhindi

Managing Director and CEO

Avinash Ramesh Godkhindi

Aravamudan Krishna Kumar

Independent Director

Aravamudan Krishna Kumar

Abhay Deshpande Raosaheb

Independent Director

Abhay Deshpande Raosaheb

Prerna Tandon

Independent Director

Prerna Tandon

Arun Vijaykumar Gupta

Non-executive Director

Arun Vijaykumar Gupta

Aditya Kumar

Chief Financial Officer

Aditya Kumar

Hari Priya

Company Secretary & Compliance Officer

Hari Priya

Awards & Recognitions

11th Payments Industry Awards Best Spend Management Award

11th Payments Industry Awards Best Spend Management Award

5th Edition Businessworld Fintech Brand of the Year

5th Edition Businessworld Fintech Brand of the Year

Businessworld Festival of Fintech, Fintech Brand of the Year

Businessworld Festival of Fintech, Fintech Brand of the Year

Global Banking and Finance Review Excellence in Innovation Best Spend Management Software

Global Banking and Finance Review Excellence in Innovation Best Spend Management Software

Greatest Indian Corporate Communication Great Indian B2B Fintech Brand

Greatest Indian Corporate Communication Great Indian B2B Fintech Brand

Startup Category Pride of Telangana 2024

Startup Category Pride of Telangana 2024

Successpreneur Financial Institution of the Year Award

Successpreneur Financial Institution of the Year Award

Transform Your Spend Management System Now

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