Zaggle Prepaid Ocean Services plans to raise ₹950 crore through equity shares and securities to fund strategic growth and operational enhancements, following a 112% revenue growth in Q1FY25 with a 10.7% EBITDA margin. The company also appointed a new Non-Executive Director and saw its shares close 0.3% lower at ₹439.
Open FlipNazara Technologies saw its stock rise 4.2% to intraday high of ₹949.5 on the BSE, buoyed by its subsidiary Datawrkz acquiring 100% of UK growth marketing agency Space & Time. The acquisition, valued at approximately ₹52.3 crore in cash and stock, is expected to strengthen Datawrkz's growth across Europe and North America, positioning it as a significant player in the global digital advertisement.
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