Zaggle Prepaid Ocean Services Ltd to Acquire Dice Enterprises Private Limited for Rs. 123 Crores

Zaggle Prepaid Ocean Services Ltd has agreed to acquire 100% shares capital and voting rights in Dice Enterprises Private Limited. The proposed acquisition will be for a total aggregate consideration of Rs. 123 Crores. The acquisition is expected to expand Zaggle's product offerings, provide access to a large customer base, and enhance future product capabilities with a skilled workforce. Dice Enterprises Pvt Ltd is a spend management platform providing travel & expense management, accounts payable management and procurement management solutions. The entity has its presence only in India and has achieved a turnover of Rs. 6.32 Crores for the Financial year 2023-24.