Zaggle Prepaid Ocean Services has announced the appointment of Venkatesh Ramachandran as Group Chief Financial Officer (Group CFO), with immediate effect.
Ramachandran's appointment underscores the company's commitment to strengthening the financial architecture and governance infrastructure that will support its next phase of growth.
A note by Zaggle said Ramchandran’s deep experience in capital planning, private equity and corporate restructuring will ensure every rupee of capital deployed generates measurable long-term value.
"With extensive experience strengthening compliance frameworks across listed and multinational environments, his appointment reinforces company’s commitment to institutional-grade governance as its investor base broadens."
Ramchandran has also led finance through multiple acquisitions and restructurings, which makes him fit to drive the financial integration of Zaggle’s recent and future acquisitions, including the DICE AI Spend Management platform transaction, the note added.
Raj P Narayanam, Founder & Executive Chairman, Zaggle Prepaid Ocean Services said, "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 calibre 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."
Incorporated in 2011, Zaggle is India’s leading fintech and global spend management platform offering prepaid cards, tax and payroll SaaS and enterprise financial technology products.
