Why did Zaggle's CFO Aditya Kumar step down?

Aditya Kumar stepped down as CFO of Zaggle Prepaid Ocean Services on April 3, 2026, due to personal reasons.

Who is the new interim CFO at Zaggle?

Rajesh Tummalaganti has been appointed as the interim CFO of Zaggle Prepaid Ocean Services.

What were Zaggle's recent financial results?

Zaggle reported a net profit of Rs 37.1 crore, an 88% increase year-over-year, with operating revenue zooming 56%.

Home / Business and Economy / Zaggle Fintech Sees CFO Exit, Interim CFO Takes Over

Zaggle Fintech Sees CFO Exit, Interim CFO Takes Over

5 Apr

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Summary

Aditya Kumar stepped down as CFO on April 3, 2026, citing personal reasons.
Rajesh Tummalaganti has been appointed as the interim CFO of the company.
Zaggle reported an 88% net profit increase YoY to Rs 37.1 crore.

Zaggle Fintech Sees CFO Exit, Interim CFO Takes Over

Aditya Kumar, the Chief Financial Officer of fintech firm Zaggle Prepaid Ocean Services, has resigned from his position, with his departure effective April 3, 2026. Kumar cited personal reasons for his decision in a letter to the board.

Following Kumar's resignation, the company has appointed Rajesh Tummalaganti as the interim CFO. Tummalaganti brings over two decades of experience, having previously worked at Ernst & Young and Kineta Global Limited before joining Zaggle as deputy CFO in December of the previous year.

Kumar had joined Zaggle in 2022 and was promoted to CFO within four months. His prior experience includes roles at Spandana Sphoorty, Noon, and The Sanmar Group. The company recently announced strong financial results, with net profit soaring by 88% to Rs 37.1 crore compared to the previous year, and operating revenue growing by 56%.

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