Zaggle Prepaid Ocean Services Limited has informed the Exchange about Bagging/Receiving of orders/contracts
ZAGGLE · price
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Zaggle has signed a 7-year Growth Agreement with Visa Worldwide Pte. Ltd., under which Visa will incentivize Zaggle to launch and promote co-branded domestic prepaid cards on the Visa network. While the counterparty is an international entity, the transactions under this agreement are classified as domestic. No specific monetary value of the contract has been disclosed in the filing. The agreement is not a related-party transaction and the promoters have no interest in Visa. Signed by MD & CEO Avinash Ramesh Godkhindi on December 31, 2025.
This is a long-term strategic partnership with one of the world's largest payments networks, which could boost Zaggle's prepaid card business over the next 7 years, though the absence of a disclosed contract value makes it hard to quantify the financial impact immediately.