Zaggle to open Abu Dhabi holding subsidiary
By Abha Lohia ·
- Zaggle is a listed Indian fintech offering prepaid cards, spend management software and rewards to businesses
- It will form a wholly owned subsidiary in Abu Dhabi Global Market for fintech, SaaS and AI businesses
- The entity will also hold investments in group and outside companies; incorporation still needs regulatory approvals
What happened
- Zaggle plans a 100% owned unit in Abu Dhabi.
- It will cover fintech, SaaS and AI.
- It will act as a holding company for investments.
Why it matters
- It gives Zaggle a base for growth outside India.
- Software-led income is meant to rise in the revenue mix.
The business
- Zaggle sells prepaid and spend tools to companies.
The founders
What happens next
- Incorporation and approvals
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