Zaggle Prepaid Ocean Services rose 1.54% to Rs 542.60 after the company announced that it has entered into customer service agreement with Kiranakart Technologies to provide Zaggle Zoyer Petty cash & Zaggle Save services.
Under this customer service agreement the company will provide Zaggle Zoyer Petty cash & Zaggle Save (employee expense management & benefits) propositions to Kiranakart Technologies.The contract will be executed within a span of three 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 companys 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.
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