Zaggle Prepaid Ocean Services Limited has entered into a significant 5-year agreement with IRM Energy Limited to provide its 'Zaggle Fleet Program'. This domestic contract highlights Zaggle's ability to secure long-term partnerships in the corporate expense and fleet management space. While the specific financial value was not disclosed, the multi-year duration provides clear revenue visibility for the company's fleet solutions vertical. This move further strengthens Zaggle's B2B service portfolio within the Indian market.

Zaggle Prepaid Ocean Services Limited has entered into a domestic agreement with IRM Energy Limited to provide its Zaggle Fleet Program. The contract is established for a long-term duration of 5 years, providing steady service visibility. While the specific financial value of the contract was not disclosed, the partnership marks a significant addition to Zaggle's corporate client portfolio. This move demonstrates the company's continued expansion into specialized expense management solutions for the energy sector.

Zaggle Prepaid Ocean Services has entered into a long-term agreement with Forever New Apparels Private Limited for a period of 10 years. Under this contract, Zaggle will facilitate the procurement and leasing of mobile phones for the client's employees through its Employee Purchase Programme. This partnership highlights Zaggle's ability to diversify its B2B offerings and secure long-duration service contracts. While the specific contract value is not disclosed, the decade-long tenure provides significant long-term business visibility.

Zaggle Prepaid Ocean Services Limited has signed a one-year referral agreement with Jio Credit Limited to bolster its Device Leasing Program. Under this domestic contract, Zaggle will refer its corporate clients to Jio Credit for specialized leasing solutions. This partnership allows Zaggle to leverage its existing corporate ecosystem while utilizing Jio Credit's financing infrastructure. While the exact financial consideration is not disclosed, the collaboration signifies Zaggle's intent to expand its value-added service offerings to its corporate base.

Zaggle Prepaid Ocean Services Limited has entered into a domestic agreement with Cubastion Consulting Private Limited to provide mobile phone procurement and leasing services. This service will be delivered through the 'Zaggle Employee Purchase Programme' for Cubastion's workforce. The agreement is effective from January 7, 2026, and remains valid until terminated as per the contract terms. This partnership demonstrates Zaggle's ability to expand its corporate service offerings beyond its core expense management and prepaid card business.

Zaggle Prepaid Ocean Services Limited has entered into a long-term agreement with Visa Worldwide Pte. Ltd. spanning seven years. Under this growth agreement, Visa will provide incentives to Zaggle to launch and promote co-branded domestic prepaid cards on the Visa network. This partnership is designed to scale Zaggle's domestic transaction volume and market presence through strategic collaboration with a global payments leader. The long-term nature of the contract provides significant revenue visibility and growth potential for Zaggle's fintech ecosystem.

Zaggle Prepaid Ocean Services Limited has approved the incorporation of a wholly owned subsidiary, Zaggle Payments IFSC Limited, in GIFT City, Gujarat. The new entity will operate as a SaaS Fintech company, focusing on spend management solutions for corporate users. The proposed authorized share capital for the subsidiary is Rs. 15,00,000, divided into 1,50,000 equity shares of Rs. 10 each. This strategic move allows Zaggle to leverage the regulatory and tax advantages of the International Financial Services Centre (IFSC).

Zaggle Prepaid Ocean Services Limited has received board approval to incorporate a new wholly owned subsidiary, Zaggle Payments IFSC Limited, in GIFT City, Gujarat. The new entity will operate as a SaaS Fintech company, providing spend management solutions to corporate users. The subsidiary will have an initial authorized share capital of ₹15,00,000, divided into 1.5 lakh equity shares. This strategic move aims to leverage the regulatory framework of the International Financial Services Centre (IFSC) for its fintech operations.

Zaggle Prepaid Ocean Services has entered into a Warrant Subscription Agreement with Bennett Coleman and Company Limited (BCCL) to raise approximately Rs 40 crore. The company will issue 7,05,467 warrants at a price of Rs 567 per warrant, which includes a significant premium of Rs 566 per share. Each warrant provides the holder the right to subscribe to one equity share of the company. This move is typically associated with strategic branding and advertisement partnerships often undertaken by BCCL.

Zaggle Prepaid Ocean Services Limited has executed a Warrant Subscription Agreement with Bennett Coleman and Company Limited (BCCL) to raise approximately Rs 40 crore. The company will issue 7,05,467 warrants at a price of Rs 567 per warrant, which includes a premium of Rs 566. Each warrant provides the holder the right to subscribe to one equity share of face value Re 1. This capital infusion from a major media conglomerate is a strategic move, likely aimed at strengthening the company's balance sheet and brand presence.

Zaggle Prepaid Ocean Services has entered into an agreement with Mastercard Asia/ Pacific Pte Ltd. Zaggle will offer Mastercard credit cards and other solutions to its customers. This partnership aims to provide additional spend-linked incentives. The agreement is for a period of 5 years and is expected to expand Zaggle's service offerings and customer base.

Zaggle Prepaid Ocean Services Limited will acquire 100% of Rivpe Technology Private Limited for up to ₹22 Crores, consisting of 81,429 Equity Shares and 16,407 Compulsory Convertible Preference Shares. Additionally, Zaggle plans to invest up to ₹75 Crores in Rivpe in one or more tranches. Rivpe's turnover for FY2025 was ₹0.98 crores. This acquisition will make Rivpe a wholly-owned subsidiary of Zaggle.

Zaggle Prepaid Ocean Services has signed an addendum to its existing agreement with Pernod Ricard India Private Limited, originally dated September 04, 2025. This addendum, executed on December 01, 2025, focuses on enhancing the scope of the original contract. It also introduces additional safeguards to ensure compliance with regulatory and operational requirements. The expansion of scope with a major global brand like Pernod Ricard suggests a deepening of the business relationship and potential for increased revenue from this account.