Fintech firm Zaggle Prepaid Ocean Services on Friday said its chief financial officer Aditya Kumar has stepped down from his role, effective April 3, 2026.
The company has appointed Rajesh Tummalaganti as interim CFO, it said. Kumar cited personal reasons for his resignation in a letter addressed to the board of directors.
Kumar joined Zaggle in 2022 and served as the vice president of finance and was soon elevated to the CFO position within the next four months. Prior to this, he held roles at Spandana Sphoorty, Noon and The Sanmar Group handling accounting & taxation including the run-up to Spandana's IPO.
Interim appointment
Tummalaganti, who has over two decades of experience, began his career at Ernst & Young (EY) and Kineta Global Limited.
He joined Zaggle as deputy CFO in December last year. Before that, he spent over 13 years at Head Digital Works, the parent company of real-money gaming platform A23, recently serving as the vice president of Finance.
The company reported a net profit of Rs 37.1 crore, up 88% from Rs 19.7 crore from a year earlier. Operating revenue zoomed 56% YoY during the quarter.
The company has appointed Rajesh Tummalaganti as interim CFO, it said. Kumar cited personal reasons for his resignation in a letter addressed to the board of directors.
Kumar joined Zaggle in 2022 and served as the vice president of finance and was soon elevated to the CFO position within the next four months. Prior to this, he held roles at Spandana Sphoorty, Noon and The Sanmar Group handling accounting & taxation including the run-up to Spandana's IPO.
Interim appointment
Tummalaganti, who has over two decades of experience, began his career at Ernst & Young (EY) and Kineta Global Limited.
He joined Zaggle as deputy CFO in December last year. Before that, he spent over 13 years at Head Digital Works, the parent company of real-money gaming platform A23, recently serving as the vice president of Finance.
The company reported a net profit of Rs 37.1 crore, up 88% from Rs 19.7 crore from a year earlier. Operating revenue zoomed 56% YoY during the quarter.