Zaggle buys online payments startup Click & Pay

Must Read

Howdy, Modi! : World media reactions on Modi-Trump’ grand Houston Event address

New Delhi, Sep 23: United States President Donald Trump and Indian Prime Minister Narendra Modi on late Sunday shared...

Howdy Modi : Modi-Trump mark history in US-India relationship with great show at Houston

Houston, Sep 22:  Modi, delivering his speech at the historic event, talks about the development underwent over five years...

ECI announces dates of Maharashtra & Haryana elections; Single Phase Election on October 21; Result on 24th

Election Commission of India has announced the dates of much-awaited state elections. According to the Chief Election Commissioner, Sunil...

Digital payments and cashback company Zaggle has acquired online payments startup Click & Pay in a cash and stock deal. The 25-member Click & Pay team is set to join Zaggle’s over 150 member team after the acquisition.

This acquisition will help Zaggle develop an expense management system that will add value to its users leveraging the services provided by Zaggle.

Zaggle was founded in 2011 by Phani N. Raj, a serial entrepreneur, and seed investor. Zaggle helps individuals and corporates to enjoy gifts across multiple channels by giving its users option in various forms like employee rewards and recognition, online shopping cashback, restaurant cashback, and employee benefits.

Since its launch, Zaggle has grown to six offices across India, with over 1,000 clients, over 1,500 merchant relationships, over 6,00,000 gift cards in the market, and more than 2,50,000 downloads on the Zaggle app. Some of its clients include many big names like Infosys, Oracle, Airtel, Vodafone, Legrand, Schneider Electric, among many others.

Click & Pay was founded by Kalyan Karteek in 2015. It provides a platform for secure and flexible online cashless payment. Its platform also helps users to make payments by helping them find the best offers in their locality and provides cashbacks on successful transactions. It also helps the merchants to identify the users spending patterns, which can be used to stimulate spending.

Talking about the partnership, Kalyan Karteek, Founder and CEO, Click & Pay, said, “This partnership would help create a vibrant corporate ecosystem where millions of corporates get the opportunity of consolidating and centralizing all travel, health and entertainment billings that help keep a tab on expenses,”.

There are many other notable players in the expense management and cashback space include Zeta, Finly, Numberz, Happay, Chargebee, Niyo Solutions, among others. Other players in the cashback deals industry making their mark are Nearbuy (bought by Paytm), mydala, CouponDunia, CashKaro, among others.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Modi offers help to typhoon-hit Japan, condoles losses

New Delhi, Oct 14 (IANS) Prime Minister Narendra Modi on Sunday wished Japan early recovery from the damage and...

‘Nirbhaya’s friend took money from channels to recount horror story’

New Delhi, Oct 14 (IANS) Seven years after it shook the nation, the brutal December 16, 2012 gang-rape case is back in the headlines...

Another Telangana RTC employee commits suicide (Lead)

Hyderabad, Oct 13 (IANS) A conductor of Telangana State Road Transport Corporation (TSRTC) committed suicide on Sunday, hours after a driver, who attempted self-immolation...

BJP’s Gandhi Sankalp Yatra to cover 6,500 km in Bengal

Kolkata, Oct 13 (IANS) As part of the nationwide Gandhi Sankalp Yatra on the sesquicentennial of Mahatma Gandhi, the West Bengal unit of the...

Bengal celebrates Lakshmi Puja

Kolkata, Oct 13 (IANS) Households and community pandals across West Bengal celebrated Lakshmi Puja on Sunday with much fanfare and fervour, fasting till late...
- Advertisement -

More Articles Like This