Zaggle Prepaid Ocean Services Signs Agreement with HDFC ERGO
Filing Summary
Zaggle Prepaid Ocean Services Limited has entered into a service agreement with HDFC ERGO General Insurance Company Limited. Under this agreement, Zaggle will provide the Zaggle Propel reward platform to HDFC ERGO. The contract is domestic in nature and spans a period of three years. There is no involvement of related party transactions, and the promoter group has no interest in HDFC ERGO. This development was disclosed in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and further details are provided in Annexure-A of the filing.
Zaggle Prepaid Ocean Services Limited has announced the execution of a service agreement with HDFC ERGO General Insurance Company Limited. The agreement was disclosed on January 23, 2026, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Under the terms of the agreement, Zaggle will provide its Zaggle Propel reward platform to HDFC ERGO. The agreement is classified as a domestic service contract and is set to be executed over a period of three years. The filing specifies that there is no involvement of related party transactions, and the promoter or promoter group of Zaggle does not have any interest in HDFC ERGO.
The filing includes necessary details as required under the SEBI regulations, with further specifics outlined in Annexure-A. The agreement does not involve any international entities, and all operations will be conducted within the domestic market.
HDFC ERGO General Insurance Company Limited is a prominent player in the general insurance sector, offering a wide range of insurance products and services. The company focuses on providing innovative insurance solutions to meet the diverse needs of its customers.
Zaggle Prepaid Ocean Services Limited is engaged in providing innovative financial technology solutions, including prepaid cards and reward platforms. The company focuses on enhancing customer engagement through its technology-driven offerings and aims to expand its service portfolio in the financial services sector.