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Informative
Zaggle To Acquire Golf-Centric Rewards Platform Greenedge For INR 25 Cr
Update / Judgement Date
29 Sept 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Merger & Acquisition
Zaggle announced plans to acquire Greenedge Enterprises, a golf-centric rewards and loyalty platform, for around INR 25 crore. The acquisition, funded through Zaggle’s QIP proceeds, aims to strengthen its Propel rewards arm and expand its niche offerings. Greenedge has shown steady turnover growth, and this deal aligns with Zaggle’s history of strategic acquisitions (like Rio.Money and Dice) to scale revenues, enhance product depth, and widen customer engagement.
