The final day of Global FinTech Fest 2025 brought together industry leaders, visionaries, and innovators to discuss the evolving world of payments, partnerships, and customer engagement. For Zaggle, it was a day that perfectly encapsulated the spirit of Imagineering the Future of Spend Management – building connections that drive innovation and scale.
Panel Discussion: Can Co-Branded Cards Win the Next Battle for Consumer Affinity?

The morning opened with a powerful conversation between Dr. Raj P. Narayanam (Founder & Executive Chairman, Zaggle), Mr. Deep Agarwal (VP & Head of Payments, PhonePe), and Mr. Mayank Jain (Director – Credit Products, Amazon Pay), moderated by Ms. Deepti Sanghi (Founder, Kodo).
The panel explored how co-branded card programs are evolving beyond transactional loyalty to deliver integrated digital experiences that strengthen customer trust and engagement. Dr. Raj highlighted Zaggle’s experience in building collaborative payment ecosystems that merge personalization, control, and convenience – helping enterprises and consumers alike benefit from smarter financial products.
Mastercard–NSDL Gift Card Launch

Later in the afternoon, Zaggle, Mastercard, and NSDL came together to unveil their co-created Gift Card solution at the Mastercard booth.
The launch featured:
- Mr. Avinash Godkhindi, MD & CEO, Zaggle
- Ms. Subhashree Mohanty, SVP & Head, Strategic Alliances & Partnerships, Zaggle
- Mr. Gautam Agarwal, Division President – South Asia, Mastercard
- Mr. Abhijit Kamalapurkar, MD & CEO, NSDL
This collaboration marked a significant step in empowering corporates and institutions with secure, compliant, and scalable digital gifting solutions. The partnership embodies the strength of co-creation – a key pillar of Zaggle’s innovation strategy.
Day 3 Takeaway
Day 3 concluded with optimism and forward-looking discussions on how partnerships, data, and innovation will continue to shape the FinTech ecosystem.
For Zaggle, the Global FinTech Fest 2025 wasn’t just an event – it was a reaffirmation of our commitment to building the future of Spend Management through collaboration, technology, and imagination.
Thank you to everyone who joined us at Booth E20–E22, Jio World Convention Centre, Mumbai. Here’s to Imagineering what’s next!