Zaggle said the deal aligns with its strategy to expand product offerings and strengthen its presence in India's fast-growing expense management sector.
Mobileware Technologies will use the investment to expand its team, drive product innovation, enhance its API banking platform, TransXT, and explore new customer segments and potential international market expansion.
Zaggle Prepaid Ocean Services Limited has announced two major acquisitions as part of its strategic expansion. The company has invested a total of INR 48 crore to acquire stakes in two key players