MAM
Zaggle & EaseMyTrip partner to revolutionise travel and expense management solutions
Mumbai: Zaggle Prepaid Ocean Services Ltd, a SaaS fintech player that provides spend management products and solutions to corporates, has announced a strategic partnership with OTA platform, EaseMyTrip to deliver integrated travel and expense management solutions.
Over 2800 corporate clients of Zaggle will now get seamless access to Zaggle EMS platform that provides end-to-end travel and expense management that includes right from booking flights, hotels, and other travel arrangements to managing the expense process incurred during the travel.
By integrating travel booking functionality with expense reporting capabilities, the partnership offers streamlined workflow, ensures compliance with corporate policies, and provides real-time visibility into travel expenditure. There is a strong connection between corporate travel and the demand for robust expense management solutions because corporate travel is driving demand with increased travel volume, focus on cost control, improved traveller experience with modern expense management solutions offering user-friendly interfaces, mobile apps, and automated processes, streamlining expense reporting, and improving the overall travel experience for employees.
Expense management solutions are also enabling travel with policy compliance, centralized visibility, efficiency and automation and data-driven insights. T&E integration allows seamless data transfer between booking platforms and expense management systems, further streamlining the process. Corporate travel is driving the adoption of expense management solutions and EMS in turn, enable companies to manage travel expenses effectively, optimise travel programs, and improve their bottom line.
As per industry estimates the total expenditure made by Indian travellers will hit $410 billion by 2030 making India the fourth largest global spender. This is a massive 173 per cent rise compared to pre-Covid period (2019). Therefore, Zaggle is strategically positioned to capitalize on this burgeoning market. This partnership with EaseMyTrip highlights the company’s commitment to expanding its footprint in the travel and expense management sector.
This collaboration also marks Zaggle’s second major business partnership in the travel domain. The company intends to further strengthen its position by forging alliances with more travel management companies (TMC) in the near future.
Zaggle MD & CEO Avinash Godkhindi said, “Our partnership with EaseMyTrip underscores our commitment to empowering businesses with cutting-edge solutions that simplify complex processes. By combining our expertise in payment technology with EaseMyTrip’s extensive network on travel, we are poised to deliver unparalleled value to our customers.”
Sharing his thoughts on the partnership, EaseMyTrip co-founder Rikant Pittie stated; “We’re excited about our strategic partnership with Zaggle, a leading SaaS FinTech player. By integrating travel booking with expense reporting, we offer a streamlined workflow, policy compliance, and real-time visibility into travel expenditure. In the rapidly evolving travel industry, this partnership underscores our commitment to innovation and delivering unmatched value to our users.’’
This integrated T&E solution offers several advantages for businesses, including reduced errors, increased savings, and enhanced traveller experience. As India’s travel industry continues to evolve, Zaggle remains committed to launch innovative solutions that empower businesses to thrive in an increasingly dynamic marketplace.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
