Mumbai, June 6 -- Greenedge Enterprises operates as a solution provider for golf travel, experiences, and access-based rewards. Its turnover was Rs 19.82 crore in FY24.

The acquisition will strengthen Zaggle's product offerings in loyalty and rewards segment and travel segment giving a boost to its Propel platform.

The acquisition is expected to be completed within 90 days. The mode of acquisition (cash consideration / shares swap) will be determined by the board at a later stage.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest number of issued ...