Zaggle Prepaid Ocean Services Limited (ZAGGLE) has agreed to acquire 100% of the share capital and voting rights in Dice Enterprises Private Limited from existing shareholders.
A non-binding term sheet was executed on June 5, 2025.
The mode of acquisition (cash consideration/shares swap) will be determined later by the Board of Directors.
Dice Enterprises Private Limited has an authorized share capital of ₹10 Lakhs and a paid-up capital of ₹1,88,890.
Dice achieved a turnover of ₹6.32 Crores for FY 2023-24.
The acquisition will expand Zaggle's product offerings and customer base, providing access to a technically skilled workforce.
Dice Enterprises Pvt Ltd is a spend management platform providing travel & expense management, accounts payable management and procurement management solutions
Dice Enterprises was incorporated on January 12, 2018.
Last three years’ turnover (₹ in Crores):
FY 2021-22: ₹1.39 Crores
FY 2022-23: ₹3.87 Crores
FY 2023-24: ₹6.32 Crores
The acquisition is expected to be completed within 90 days from the date of approval by the Board of Directors for a total consideration of ₹123 Crores.