India, Sept. 29 -- Continuing its acquisition spree this year, fintech SaaS company Zaggle has now announced plans to acquire Greenedge Enterprises, a solution provider for golf travel, experiences and access-based rewards.

The deal would see Zaggle buy out 1.3 Lakh equity shares from Greenedge's existing shareholders for INR 25 Cr. Further, the SaaS company would invest INR 25 Cr the startup in one or more tranches.

Mumbai-based Zaggle said it would look to strengthen its product offerings in loyalty and rewards segment and travel segment giving a boost to its employee rewards platform "Propel" offering.

The golf-centric corporate engagement company recorded a turnover of INR 19.8 Cr in FY24, up 45% from INR 13.7 Cr in the previous fi...