Zaggle Secures Five-Year Employee Expense Management Deal with Saurashtra Cement

An update from Zaggle Prepaid Ocean Services Limited ( (IN:ZAGGLE) ) is now available.

Zaggle Prepaid Ocean Services Limited has executed a five-year agreement with Saurashtra Cement Limited to deploy its Zaggle Save platform for employee expense management and benefits. The domestic contract deepens Zaggle’s enterprise footprint in traditional industries, reinforcing its position as a fintech enabler of digital expense and benefits solutions for large Indian corporates while adding a long-term revenue stream from a non-related party client.

Under the agreement, Zaggle will provide end-to-end employee expense management and benefits services to Saurashtra Cement, with no related-party or promoter-group interests involved. The long-duration deal underscores growing demand for digitalized employee spend and benefits tools in the Indian corporate sector and may support Zaggle’s efforts to scale its platform across diversified industrial customers.

More about Zaggle Prepaid Ocean Services Limited

Zaggle Prepaid Ocean Services Limited operates in the financial technology and corporate services space, offering digital solutions for employee expense management and benefits. Its flagship platform, Zaggle Save, focuses on automating expense workflows and optimizing employee benefit programs for enterprise clients in the domestic Indian market.

Average Trading Volume: 59,636

Technical Sentiment Signal: Sell

Current Market Cap: 30.16B INR

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