
Acquisitions8 May 2026, 02:22 pm
Zaggle to Acquire Dice Enterprises' Assets for ₹67.9 Cr
AI Summary
Zaggle Prepaid Ocean Services Ltd will acquire assets from Dice Enterprises Private Limited, including software, databases, contracts, intellectual property, and domain names in the spend management space, for approximately ₹67.9 Crores plus taxes. This is a modification from the original plan to acquire the entire shareholding of Dice. The acquisition is subject to fulfilling closing actions in the Asset Purchase Agreements. Dice Enterprises achieved a turnover of ₹10.85 Crores for FY 2024-25. The acquisition is expected to be completed within 120 days.
Key Highlights
- Zaggle will acquire assets of Dice Enterprises for ₹67.9 Cr plus taxes.
- The deal structure is modified from acquiring shares to purchasing assets.
- Dice Enterprises reported ₹10.85 Cr turnover for FY 2024-25.
- The acquisition is expected to complete within 120 days.
- The acquisition expands Zaggle's AI-enabled product offerings.