Zaggle signs 5-year expense management deal with Crompton
Zaggle Prepaid Ocean Services entered into a 5-year agreement with Crompton Greaves Consumer Electricals on June 10, 2026, to provide the Zaggle Save platform for employee expense management and benefits. The contract value is variable, depending on active users and actual spends, and is not a related party transaction.

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Zaggle Prepaid Ocean Services has entered into a 5-year agreement with Crompton Greaves Consumer Electricals to provide employee expense management and benefits solutions. The deal, signed on June 10, 2026, expands Zaggle's corporate partnerships within the domestic market. The agreement is subject to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Partnership Details
The agreement designates Zaggle as the provider of its 'Zaggle Save' platform to Crompton Greaves Consumer Electricals. This platform focuses on employee expense management and benefits. The contract is classified as a domestic agreement and is not a related party transaction.
| Parameter | Details |
|---|---|
| Company | Zaggle Prepaid Ocean Services |
| Partner | Crompton Greaves Consumer Electricals |
| Nature of Agreement | Employee expense management & benefits |
| Duration | 5 Years |
| Date of Agreement | June 10, 2026 |
The financial consideration for the order is variable. The quantum of SaaS or software fee depends on the number of active users on the platform for the respective months. Additionally, the program fee is derived from the actual spends conducted by users over the period. Consequently, the total contract value cannot be ascertained at this stage.
Historical Stock Returns for Zaggle Prepaid Ocean Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.24% | +3.65% | -17.17% | -40.37% | -53.33% | +31.86% |
How will this partnership influence Zaggle's revenue growth given the variable fee structure?
What are the potential market impacts on Zaggle's stock price following this announcement?
Could this agreement pave the way for similar partnerships with other large domestic corporations?


































