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Zaggle named among top 10 firms in Forbes India DGEMS 2025
Mumbai: Zaggle Prepaid Ocean Services, the spend management and SaaS-led fintech company, has been ranked among the top 10 companies in the Forbes India DGEMS 2025 list. The honour places Zaggle in a select group of 200 Indian firms identified as primed for global scale.
DGEMS, short for Digital Global Expansion of Market-Ready Startups, evaluates Indian companies that show strong potential to grow beyond domestic borders. The programme reviews scalability, innovation, defensibility, technology maturity and international market readiness.
Forbes India said this year’s cohort reflects a rising generation of Indian businesses pushing into new markets and reshaping global industries through digital disruption. In its remarks on Zaggle, the publication noted that the company’s offerings and impact align strongly with its global business potential criteria and expressed confidence that the recognition would help accelerate its international journey.
Zaggle managing director and CEO Avinash Godkhindi, said the selection strengthens the company’s belief in its global ambitions. “We are honoured to be chosen among the top 10 in the DGEMS 2025 programme. This recognition validates our strategy of combining intelligent spend management, deep technology and robust financial products to serve enterprises around the world,” he said.
The accolade further positions Zaggle as a globally competitive SaaS fintech enterprise. With a strong technology base, domain expertise and a track record of executing large enterprise deployments, the company is gearing up to tap new markets, forge cross-border partnerships and scale with confidence.
As it widens its international reach, Zaggle says it remains committed to helping organisations streamline spends, automate workflows and boost efficiency through digital-first, scalable solutions designed for the modern enterprise.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
