Archive · 12 Nov 2025
Zaggle Aims for $1 Billion Revenue in 5-7 Years, Eyes Margin Growth
Zaggle is a company that helps businesses manage their spending.
Their boss, Avinash Godkhindi, said they want to make a lot more money in the next 5 to 7 years, aiming for a huge amount called $1 billion!
He also said they expect to make more profit on the money they earn.
This is because their business is doing well, they are getting new clients like a big energy company, and more businesses are using their tools to handle things like company cards and bills.
They are also using a payment system called UPI in a new way to help companies manage money better.
Even though their stock price has gone down a little recently, the company is feeling optimistic about the future.
Zaggle CEO Avinash Godkhindi projects the company will achieve $1 billion in revenue within 5-7 years.
The company anticipates an increase in profit margins, reaching 14-15% in about seven years.
Growth is driven by strong momentum in existing business lines and new areas like fleet management, with Adani Total Gas cited as a client win.
Zaggle's BROME platform is seeing strong adoption for managing corporate expenses, converting UPI for B2B2C use.
Despite a recent share price decline of over 8%, Zaggle's CEO expressed optimism about future growth and margin expansion.
- Who
- Zaggle Prepaid Ocean Services CEO Avinash Godkhindi
- What
- Announced the company's target to reach $1 billion in revenue within five to seven years and expects margin expansion.
- When
- Within the next five to seven years
- Where
- Hyderabad-based
- Why
- Strong momentum across business lines, growth in fleet management, and increasing adoption of spend management solutions like the BROME platform.
- Company
- Zaggle Prepaid Ocean Services
- CEO
- Avinash Godkhindi
- Revenue Target
- $1 billion within 5-7 years
- Current Market Cap
- ₹5,327 crore
- Recent Share Performance
- Declined over 8% in the past year