Zaggle says Zoyer could drive 45%-50% of revenue
In short
Zaggle said its Zoyer platform may make up 45% to 50% of revenue as more businesses use it after the Bandhan AMC partnership.
The company also said it wants to become free cash flow positive in 18 to 24 months. It is not yet clear how much MDR changes will help.
What the reporting says
Zaggle Prepaid Ocean Services said its Zoyer platform could account for 45% to 50% of revenue as enterprise adoption grows after its Bandhan AMC partnership. The view was shared by Founder and Executive Chairman Dr Raj P Narayanam in a publisher-supplied summary. The company also said it aims to turn free cash flow positive in 18 to 24 months, while potential gains from upcoming MDR changes remain uncertain.
Why it matters
Zaggle Prepaid Ocean Services said Zoyer could contribute 45% to 50% of revenue as enterprise adoption rises after the Bandhan AMC partnership. The company also outlined a target to become free cash flow positive in 18 to 24 months. The reporting suggests possible upside from upcoming MDR changes, but the size and timing of any benefit were not stated in the available reporting.