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Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Startups
Published on 8 May 2026
Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Not buying the company says Zaggle — acquiring the engine

Zaggle has revised its DICE acquisition, cutting the deal size to around ₹68 crore from the previously planned ₹123 crore. Instead of purchasing the entire entity, Zaggle’s board approved a strategic acquisition of DICE’s AI-enabled spend management platform, contracts, IP, and about 100 technology professionals, aiming for capital efficiency and tighter integration.

  • Zaggle cuts DICE deal size to about ₹68 crore
  • Deal shifts from full enterprise acquisition to AI platform and IP purchase
  • Includes enterprise contracts, infrastructure, algorithms, and ~100 tech professionals
  • Zaggle frames it as acquiring the engine not the entity
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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