Zaggle Prepaid Partners APAC Financial Services

Zaggle Prepaid Ocean Services Limited has entered into an agreement with APAC Financial Services Private Limited. Under this agreement, Zaggle will provide its Zoyer Platform along with Zaggle Save (Employee expense management & benefits) to APAC Financial Services. The contract is for a period of 5 years. The consideration is based on SaaS/Software fees dependent on active users and program fees from actual spends, making the exact value difficult to ascertain at this stage. The entity awarding the contract is a domestic entity, and there are no promoter interests or related party transactions involved.