logo
Zaggle X Mesh Payments: Announce Strategic Partnership to Power Global Spend Management

Zaggle X Mesh Payments: Announce Strategic Partnership to Power Global Spend Management

Business Upturn15-05-2025

This collaboration aims to unlock joint value through technology exchange, innovation, and global go-to-market opportunities.
MUMBAI, India and NEW YORK , May 15, 2025 /PRNewswire/ — Zaggle, India's leading Spend Management platform, has advanced its global footprint by partnering with Mesh Payments, a top provider of AI-driven Travel and Expense (T&E) solutions. The partnership marks a significant milestone for both companies as they unite to streamline global and local spend operations for cross-border businesses.
Zaggle's partnership with Mesh enables Indian MNC's to manage global expenses seamlessly across the U.S, Europe , and LATAM using Mesh's capabilities to issue corporate cards in global markets, while Mesh's global clients operating in India , through their GCCs, can leverage Zaggle's vast Spend Management ecosystem spanning Corporate Credit Cards, Prepaid Cards, Forex cards and Travel Solutions.
As per a recent Deloitte report, top 100 companies in India spend more than $2.2 billion on business travel. This is a significant cost that companies incur on their balance sheets and therefore they are looking for solutions that help them in optimizing employee experiences while rationalizing the cost. Zaggle together with Mesh aims to address this through their solutions that helps in driving cost efficiency for the corporates.
As finance teams navigate international growth and increasing complexity, the Mesh–Zaggle partnership offers a trusted, high-value solution designed to support global ambitions with local precision. Together, they empower finance teams with enhanced control, visibility, and efficiency across currencies and continents.
Commenting on the partnership, Dr. Raj P Narayanam, Founder and Executive Chairman, Zaggle, said, 'Our partnership with Mesh is a strategic move to extend our leadership beyond borders, empowering our customers to navigate global markets with robust, integrated global corporate card capabilities to augment our best in class spend management software. As Indian companies scale, Zaggle is proud to be the enabler that ensures their growth is both efficient and well-governed.'
Mr. Avinash Godkhindi, MD & CEO, Zaggle, added, ' India's digital transformation is creating unprecedented demand for intelligent spend solutions, and we are uniquely positioned to meet that need. This collaboration has empowered us to expand our reach and provide Mesh's global customers a seamless footprint in India by leveraging our Integrated Spend Solutions, deep understanding of Indian businesses and navigating India's unique regulatory landscape. Together, we aim to redefine how businesses control and optimize their spending across borders.'
Oded Zehavi , CEO and Co-founder of Mesh Payments, added, 'This partnership with Zaggle marks a key milestone in our international expansion. India is a dynamic and rapidly growing business market, and this collaboration allows us to support our global clients as they enter India with confidence. Together, we're helping companies scale faster—empowered by localized expertise in India and world-class spend management across the globe. At the same time, Zaggle's customers gain access to our cutting-edge platform to manage global operations with agility and control.'
About Zaggle
Founded in 2011, Zaggle (BSE: 543985) (NSE: ZAGGLE) is a leading player in spend management, offering a differentiated value proposition with a diversified user base. Operating within the business-to-business-to-customer (B2B2C) segment, Zaggle stands out as one of the few companies with a comprehensive range of financial technology products and services. Zaggle is one of India's top issuers of prepaid cards, collaborating with banking partners to drive its card offerings. The company also boasts a diverse portfolio of SaaS products and an extensive network of touchpoints. As of December 31, 2024 , Zaggle has issued over 50 million prepaid cards and serves more than 3 million users. With a robust corporate client base spanning various industries, including banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure, and automobiles, Zaggle is well-positioned as a leading player in the spend management sector.
For more information, please visit the company website www.zaggle.in or follow us on LinkedIn www.linkedin.com/company/zaggleapp/
About Mesh
Mesh is the leading all-in-one travel and expense management platform for global enterprises. Mesh integrates corporate cards, expense management, and travel bookings on a single platform, streamlining the entire T&E lifecycle from request to reconciliation. With AI-powered automation, customizable policies, and multi-currency support, Mesh simplifies global spending, reduces costs, and ensures compliance. Over 2,000 enterprises—including Fortune 100 brands—use Mesh to modernize their financial operations.
Learn more at meshpayments.com or follow us on LinkedIn.
View original content:https://www.prnewswire.com/in/news-releases/zaggle-x-mesh-payments-announce-strategic-partnership-to-power-global-spend-management-302456456.html
Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India
Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India

Yahoo

time2 hours ago

  • Yahoo

Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India

(Corrects paragraph 3 to say Maruti will fit all its models with 6 airbags by the end of fiscal 2026, not April) (Reuters) -Maruti Suzuki secured a five-star safety rating for its popular 'Dzire' small car, India's transport minister said on Wednesday, marking a milestone for the country's largest carmaker that has for long lagged its rivals in safety. Its upgraded 'Dzire' model, launched in November, secured the highest rating of five stars under India's local safety standard, Bharat New Car Assessment Program (NCAP), the first such Maruti model to hit the milestone. As part of its efforts to catch up to local rivals, Maruti has said it would fit all its cars with six airbags by the end of fiscal 2026, as Indian buyers seek safer options. Smaller rivals Tata Motors and Mahindra already have several Bharat NCAP five-star rated cars in their lineup. "It's heartening to witness mainstream models setting new benchmarks in vehicle safety," India's Transport Minister Nitin Gadkari said in a post on X. Sign in to access your portfolio

Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India
Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India

Yahoo

time2 hours ago

  • Yahoo

Maruti Suzuki's new 'Dzire' secures 5-star safety rating in India

(Corrects paragraph 3 to say Maruti will fit all its models with 6 airbags by the end of fiscal 2026, not April) (Reuters) -Maruti Suzuki secured a five-star safety rating for its popular 'Dzire' small car, India's transport minister said on Wednesday, marking a milestone for the country's largest carmaker that has for long lagged its rivals in safety. Its upgraded 'Dzire' model, launched in November, secured the highest rating of five stars under India's local safety standard, Bharat New Car Assessment Program (NCAP), the first such Maruti model to hit the milestone. As part of its efforts to catch up to local rivals, Maruti has said it would fit all its cars with six airbags by the end of fiscal 2026, as Indian buyers seek safer options. Smaller rivals Tata Motors and Mahindra already have several Bharat NCAP five-star rated cars in their lineup. "It's heartening to witness mainstream models setting new benchmarks in vehicle safety," India's Transport Minister Nitin Gadkari said in a post on X.

BHASHINI and CRIS to develop AI-driven multilingual solutions for Indian Railways
BHASHINI and CRIS to develop AI-driven multilingual solutions for Indian Railways

Yahoo

time4 hours ago

  • Yahoo

BHASHINI and CRIS to develop AI-driven multilingual solutions for Indian Railways

The Digital India Bhashini Division (DIBD) and the Centre for Railway Information Systems (CRIS) have signed a Memorandum of Understanding (MoU) to develop multilingual artificial intelligence (AI) solutions for Indian Railways. The collaboration is set to enhance the way passengers interact with railway services by providing support in 22 Indian languages. The move is a step towards improving linguistic inclusivity and digital transformation in the Indian Railways. The MoU was signed by BHASHINI CEO Amitabh Nag and CRIS Managing Director G.V.L. Satya Kumar in the country's capital. The initiative will see the integration of BHASHINI's advanced language technology stack, including Automatic Speech Recognition (ASR), Text-to-Text Translation, Text-to-Speech (TTS), and Optical Character Recognition (OCR), into CRIS-managed systems such as the National Train Enquiry System (NTES) and RailMadad. Nag said: 'This collaboration will transform how millions of passengers engage with railway services daily. Through BHASHINI's AI capabilities, we are ensuring that language is no longer a barrier to accessing vital public services.' The partnership's objectives extend to co-developing chatbots and voice assistants for multilingual passenger support, creating multilingual interfaces for railway enquiry setups, and scaling services through both cloud and on-premises infrastructure. These AI capabilities are planned to be deployed across various platforms, including websites, mobile apps, kiosks, and call centres, supporting real-time, speech-based interaction in multiple Indian languages. Joint technical workshops and pilot deployments are scheduled to begin in the coming months. Kumar said: 'CRIS is proud to partner with BHASHINI to implement inclusive, AI-powered solutions across our digital platforms. This will enhance accessibility, transparency, and efficiency in our passenger-facing services.' In a related development, Indian Prime Minister Narendra Modi recently inaugurated the first of 1,200 Siemens Mobility D9-9000 HP electric locomotives, manufactured at the Indian Railways factory in Dahod, Gujarat. The D9 locomotive is touted as the "second most powerful" in Indian Railways, following the 12,000 horsepower WAG-12B. "BHASHINI and CRIS to develop AI-driven multilingual solutions for Indian Railways" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store