Zaggle_A platform to address pain points for enterprises

Exactly, there is no achievement when a company is growing inorganically. Any entity can start raising debt, doing share swaps and then ultimately become a holding company.

And these holding company eventually trade at a discount.

We should be looking to invest in companies with high organic growth from the core product/service.

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Dice is Zaggles primary competitor for Zoyer (particualarly Brome). So they get the opportunity a consolidate a fledgling industry. In addition they get to cross sell other Zoyer modules to Dice’s custommer base. As for the price they have paid, a quick search reveals that the company recieved 42 cr in funding from a clutch of VCs last year. Valuation for that capital infusion happened is not clear. However, the number helps put the price paid by Zaggle in context.

These are interesting acquisitions. Whether they add value over time will become clearer in due course.

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