Venkatesh Ramachandran, Group Chief Financial Officer, Zaggle
Mumbai, May 19, 2026: Zaggle Prepaid Ocean Services Limited (BSE: 543985 | NSE: ZAGGLE), a leading SaaS FinTech and Global Spend Management platform, announced the appointment of Venkatesh Ramachandran as Group Chief Financial Officer (Group CFO). The appointment takes immediate effect.
This appointment underscores Zaggle’s commitment to strengthening the financial architecture and governance infrastructure that will support its next phase of scale, one defined by profitable growth, disciplined capital allocation and expanding shareholder value. Venkatesh precisely brings the depth and breadth of experience that this phase demands.
Zaggle closed FY26 with its strongest-ever annual performance, revenue of ₹19,076 Mn, PAT of ₹1,388 Mn growing 51.8% YoY and Cash PAT exceeding ₹1,779 Mn. With FY27 consolidated revenue growth guidance of approximately 40%, the company is entering a phase that demands exceptional financial leadership.
“We are delighted to welcome Venkatesh to the Zaggle leadership team. As we accelerate into our next phase of growth, scaling our platform, deepening monetization, pursuing strategic acquisitions and expanding internationally, having a Group CFO of Venkatesh’s caliber is a critical strategic investment.
“His depth of experience across M&A, capital markets, international finance and governance will strengthen the financial architecture that underpins our long-term value creation roadmap. For our investors, this appointment reflects our commitment to building best-in-class leadership that is commensurate with the scale and ambition of the business we are building.” said Dr. Raj P. Narayanam, Founder & Executive Chairman, Zaggle Prepaid Ocean Services Limited.
Incorporated in 2011, Zaggle (BSE: ZAGGLE | NSE: 543985) is India’s leading B2B2C SaaS FinTech and Global Spend Management platform offering prepaid cards, tax and payroll SaaS and enterprise financial technology products. With over 50 million prepaid cards issued and 3.9 million users served as of March 31, 2026, Zaggle serves enterprises across banking, technology, healthcare, manufacturing, FMCG, infrastructure and the automobile sector.
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