Zaggle, the company with its headquarters in the city, has been making big moves in the cost and expense management industry as it ends Q1 of FY21 with excellent 85 contracts in hand. The company has grown to 450 crores from April to June, managing expenses for giant companies throughout various domains. The fintech company has managed expenses for giant multinational corporations.
This quarter has been no different asAT&T, Mitsubishi Electric Corp, Philips Carbon, UpGrad, RXIL, Pirelli, Liberty Steel, Motilal Oswal, and Nuvoco Vista are some of their clients this quarter. The company has grown by a good 30% this quarter with global clients. Zaggle is also increasing in helping corporates and SMEs to digitize their expenditure, manage their rewards and expenses, and their pre-paid card business for the small scall companies has undoubtedly been a hit.
The CEO of Zaggle,Avinash Godkhindi , is quite pleased with the company's feats this quarter. The latter exclaims that Zaggle will attract more contracts and grow more than 30% in revenue as the year goes by. In addition, many known organizations have found Zaggle to be the right place because the firm is quite efficient in helping these companies have a hassle-free experience in managing the company expenses.
In addition, Zaggle's cost management has made it easy for corporates to work on employee reimbursements, offer the perks of employee tax benefits, incentives, and rewards. The company moving into Q2 is looking to maintain a similar rhythm and grow in net worth as their reputation among current clients will land them bigger contracts soon.