The contract includes the launch of a co-branded prepaid card as part of the cultural & tourism prepaid card program for corporate customers and their users.
The domestic contract is set to be executed within 3 years.
Zaggle Prepaid Ocean Services provides financial technology (fintech) products and services along with prepaid cards and has built a portfolio of software as a service (SaaS), including tax and payroll software, and a broad touchpoint reach.
The company's consolidated net profit surged 167.3% to Rs 20.29 crore on 64.2% rise in net sales to Rs 302.56 crore in Q2 FY25 over Q2 FY24.
Shares of Zaggle gained 3.87% to end at Rs 479.05 on Friday, 22 November 2024.
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