FilingReader Intelligence

Zaggle to acquire Rio.Money for INR 22 crores

July 29, 2025 at 02:09 PM UTCBy FilingReader AI

Zaggle Prepaid Ocean Services announced its agreement to acquire 100% of Rivpe Technology Private Limited (Rio.Money) for INR 22 crores.

Rio.Money is a fintech company incorporated in July 2023, with turnover of INR 0.13 crores for 2023-24. The acquisition will add UPI and consumer credit card expertise to Zaggle's portfolio and is expected to close within 60 days.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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