Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chief

Fintech firm Zaggle Prepaid Ocean Services on Friday said its chief financial officer, Aditya Kumar, has stepped down, 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 as vice president of finance and was soon elevated to CFO. Prior to this, he held roles at Noon, The Sanmar Group, and Spandana Sphoorty in the run-up to its initial public offering (IPO).


Interim appointment

Tummalaganti, who has over two decades of experience, began his career at Ernst & Young, now EY.

Before joining Zaggle, he spent over 13 years at Head Digital Works, the parent company of real-money gaming platform A23, most recently serving as vice president of finance.

The company reported a net profit of Rs 37.1 crore, up 88% from Rs 19.7 crore a year ago. Operating revenue climbed 56% year-on-year (YoY) during the quarter. Adjusted Ebitda jumped 62.9% YoY to Rs 512.6 million.