Mr. Raj N, the Founder and Chairman of leading FinTech company, Zaggle has been named among the “Most Promising Business Leaders of Asia” at The Economic Times ‘Asian Business Leaders Conclave 2020’. Announces at the virtual conclave held on the 15th of December 2020, the event showcased business leaders with the potential to drive future of business not only in Asia but Globally.
In its 5th Edition the Economic Times Most Promising Business Leaders of Asia 2020-21brought together business visionaries and leaders behind many of today’s outstanding corporate success stories. Pioneers in their field, these are leaders who stood out during normal times and have expanded their business empire. They have collectively, with their superior intellect and economic prudence steered the continent away from economic depression or at least helped it avoid from sinking to disastrous levels.
The upcoming leaders interacted with industry veterans and their role models taking part in candid interactive sessions in order to understand how enterprises and leaders from across the industries can come together to realize the dream of establishing Asia as a truly global business destination at the conclave. Business leaders that found a place in the prestigious award was divided into categories based on the size of the organizations they represent.
Commenting on the achievement, Mr. Raj N, Founder, Zaggle said “I am pleased and honored to receive this prestigious award. I would like to take this opportunity to thank the jury and The Economic Times for recognizing me as one of the Most Promising Business Leaders of Asia. As Asia’s role in global, social and political landscape becomes increasingly important, it is the leaders who have to navigate the challenges ahead of them in the coming decades. The future of the FinTech industry is extremely bright and promising and it will leave an indelible impact on the global financial system.”
Speaking about Zaggle’s role he added “We at Zaggle are committed to build state-of-the-art financial solutions which would help automate and empower businesses to increase efficiency, transparency and productivity which would eventually help us to achieve the goal of becoming the Global Digital Bank”.
The first category comprised of those companies with a turnover of more than Rs 5,000 crore. Arvind Mehndiratta, MD & CEO, Metro Cash & Carry India, Anand Agarwal, Group CEO, Sterlite Technologies Ltd, Sharvil Patel, MD, Zydus Cadilla, Hardayal Prasad, MD & CEO, PNB Housing Finance Ltd, Abhijit Pati, CEO & Whole time Director, BALCO, Pankaj Vyas, CEO & MD, Siemens Technology & Services, Dr G R Chintala, Chairman NABARD, Mohit Ralhan Managing Partner & CIO, TIW Private Equity, were the chosen ones in this category.
Mr. Raj N, Founder of Zaggle found a prestigious place among promising business leaders in the Rs 1,000 to Rs 5,000 crore category along with Akash Chaudhary, MD, Aakash Educational Services Ltd, Lavdeep Singh, MD – Asia Pacific, Wunderman Thompson LLC, Anshu Budhraja, CEO, Amway India, Moloy Banerjee, Head Gasses – South Asia, Linde South Asia Services Pvt Ltd, Anup Rau, CEO, Future Generali India Insurance Co. Ltd, Girish Kousgi, MD & CEO, Canfin Homes Ltd, Pankaj Bhardwaj, VP and GM, Avery Dennison, Ashok Jaipuria, CMD, Cosmo Films, Rajesh Thakur, CEO, Motherson Sumi Infotech & Designs Ltd among others.
Zaggle was founded in 2011 by Raj N, a Serial Entrepreneur and an Active Angel Investor with a vision to become a Global Digital Bank. We wanted to take Banking to Corporates and Consumers. Today the Banking processes and workflows are broken, which are mostly manual and partly digital, making Banking an extremely difficult process. With our experience and interaction with various business groups, we realized that businesses face lots of problems in managing their financial requirements and expense management. We figured out that payments and accounting in conventional ways are a bit broken, inefficient, and sluggish. Some of the Pain Points which businesses come across are:
• The complex and tedious workflow
• Payments still made in Cash
• No Real-time Control or Visibility over the Business Spends
• Manual Accounting and a Reconciling Stack of Receipts and Spreadsheets
• Lots of man-hours required
• Risk of Frauds and Duplication
All these called for a change – A Revolutionary Change!
We spent months understanding and researching these pain points and wanted to start an innovative financial revolution. We directed all our efforts and worked towards building the products & services that could solve the financial needs of the businesses.
We landed up by completely reinventing the Business Financial Flow and Expense Management. We aspire to create Unique Products and Services that solve the pain points of Businesses and Corporates by deploying World-class Technologies. We endeavour to achieve this through the discipline of Execution, Innovation, and Rapid Product Development. Our major focus has been committed to assisting corporates in creating a productive and efficient organization. The team at Zaggle is extremely passionate and works relentlessly towards the vision, building one layer at a time.
Zaggle has 2,600+ clients, it also has users over 3.5 million users, has offices across 10 Cities with
around 200+ with 70+ Hiring Employees and is geared towards building Network Agnostic Payment
System and Customer Experience.
Vision: To become a Global Digital Bank.
Mission: To build State-of-Art Financial Solutions workflow and products which would help automate and empower businesses to increase Efficiency, Accuracy, Transparency and Productivity and which would eventually help us to achieve the goal of becoming a useful Global Digital Bank.
Zaggle also offers:
Zaggle Propel: An Integrated Platform for Workforce Reward, Recognition, Engagement and state of the art AI powered Performance Management. Zaggle Propel helps organizations align their people to the company goals.
Zaggle Save: An all-in-one business expense management and employee benefits platform that empowers you to save taxes and spend smarter, therefore saving time and money; resulting in happy and satisfied workforce.