Spend Smarter, Grow Faster: Zaggle-Grant Thornton Alliance Set to Transform Indian Enterprises

Updated: May 08, 2025 10:10

Image Source: Equity Bulls

Zaggle Prepaid Ocean Services Ltd, a pioneer SaaS fintech company in spend management, has signed a strategic partnership with Grant Thornton Bharat LLP, a leading professional services firm in India. Through this partnership, Grant Thornton will introduce Zaggle's cutting-edge spend management platform to its large network of clients, a move that is a giant leap towards digitization and automation of corporate expense processes across industries.

Key Highlights:

Strategic Alliance: The deal allows Grant Thornton Bharat to incorporate Zaggle's spend management solutions into its consulting services, offering clients an integrated platform for expense tracking, compliance, and financial effectiveness.
Increased Reach: Zaggle's platform, which is already trusted by over 3,300 corporate clients and over 3.16 million users, will now be made available to Grant Thornton's diversified client base, including banking, finance, technology, healthcare, manufacturing, and others.
Established Track Record: Zaggle has shown strong growth, with 54% increases in program fees and 86% increases in propel revenue over the last quarters, highlighting growing demand for automated, technology-led financial solutions.
Industry Impact: This alliance will be likely to drive the acceptance of digital spend management solutions in Indian businesses, enabling companies to have real-time visibility, control, and compliance over their finance operations.
Wider Ecosystem: The partnership comes after Zaggle's recent partnerships with large brands and institutions, cementing its position as a go-to partner for digital transformation of corporate finance.
Growth Expectations: Through this partnership, both companies intend to foster operational excellence and aid India in becoming a more transparent, efficient, and tech-enabled business environment.

This step will revolutionize the way firms control expenses, paving the way for intelligent, flexible financial operations in India's corporate landscape.

Sources: Angel One, Zaggle Investor Release, MarketScreener

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