StockWatch
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IT Enabled Services
Deals18 Sept 2026, 02:57 pm

Zaggle inks agreement with Bandhan AMC for Zoyer platform

AI Summary

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Bandhan AMC Limited on September 18, 2026. Under this agreement, Zaggle will provide its 'Zaggle Zoyer platform' to Bandhan AMC Limited. The agreement is with a domestic entity and will remain valid unless terminated. The financial consideration, including SaaS/Software fees, is variable and depends on the number of active users and their actual spending on the platform, making it difficult to determine the exact value of the contract at this stage. The company confirmed there is no promoter or group interest in Bandhan AMC Limited, and the agreement does not fall under related party transactions.

Key Highlights

  • Zaggle signed an agreement with Bandhan AMC Limited.
  • Zaggle will provide its Zoyer platform to Bandhan AMC.
  • The agreement's value depends on active users and spending.
  • It is a domestic deal with no related party involvement.