Zaggle Prepaid Ocean Services Limited has formalized a strategic partnership agreement with Euronet Services India Private Limited. This Co-branding Partnership Agreement is set for a tenure of 5 years. The collaboration aims to launch co-branded prepaid card solutions for corporate clients, integrating Euronet’s technology with Zaggle’s spend management platform to enhance control and automation. This move is expected to scale Zaggle’s SaaS offering and broaden its market reach within the Prepaid Cards sector.
Strategic Partnership Formalized
Zaggle Prepaid Ocean Services Limited (Zaggle) announced the execution of a significant agreement with Euronet Services India Private Limited. This official filing, dated February 10, 2026, confirms the strategic collaboration between the two entities.
Details of the Agreement
The collaboration is officially categorized as a Co-branding Partnership Agreement. The primary goal is for Zaggle to partner with Euronet Worldwide to introduce co-branded prepaid card solutions specifically targeting corporate clients. This offering is designed to integrate seamlessly with Zaggle’s existing spend management platform, providing users with enhanced control, real-time visibility, and automated expense management.
Key Terms and Duration
- The agreement is with a Domestic Entity.
- The stipulated Time Period for the execution of the contract is 5 years.
- Zaggle views this partnership as a crucial step to scale its SaaS offering and significantly increase market reach in the Prepaid Cards domain.
Transaction Status
The filing confirmed that the order/contract does not fall within the scope of related party transactions, ensuring the deal is executed on an “arms length” basis.
Source: BSE
