Zaggle Prepaid Ocean Services Forms Strategic Deal With Jio Credit Limited
Zaggle Prepaid Ocean Services has formed a strategic partnership with Jio Credit Limited through a one-year referral agreement focused on device leasing services for corporate clients. The domestic partnership allows Zaggle to connect its corporate customer base with Jio Credit's leasing solutions, expanding beyond its core prepaid and expense management services while ensuring arm's length transaction compliance.

*this image is generated using AI for illustrative purposes only.
Zaggle Prepaid Ocean Services Limited has announced the execution of a referral agreement with Jio Credit Limited on January 14, 2026, aimed at enhancing device leasing services for corporate customers. The partnership enables Zaggle to refer its corporate clients to Jio Credit for specialized leasing solutions under its Device Leasing Program.
Agreement Details
The key terms and structure of the partnership are outlined in the following table:
| Parameter: | Details |
|---|---|
| Partner Entity: | Jio Credit Limited |
| Agreement Type: | Referral Agreement |
| Duration: | 1 year |
| Market Scope: | Domestic |
| Service Focus: | Device Leasing Program referral services |
Partnership Structure
Under this arrangement, Zaggle Prepaid Ocean Services will serve as a referral partner, connecting its existing corporate customer base with Jio Credit Limited's leasing solutions. The agreement specifically focuses on device leasing services, allowing corporate clients to access financing options for technology and equipment needs through Jio Credit's platform.
Regulatory Compliance
The company has confirmed that this partnership does not constitute a related party transaction and has been structured at arm's length. Additionally, the promoter group and group companies have no interest in Jio Credit Limited, ensuring complete independence in the business relationship.
Strategic Implications
This collaboration represents Zaggle's continued expansion of its service ecosystem for corporate clients. By partnering with Jio Credit Limited, the company can offer comprehensive financial solutions beyond its core prepaid and expense management services. The one-year agreement provides a structured framework for both companies to evaluate the partnership's effectiveness and potential for future expansion.
The announcement was made in compliance with Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, demonstrating the company's commitment to transparent corporate governance and timely disclosure of material developments.
Historical Stock Returns for Zaggle Prepaid Ocean Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.19% | -10.55% | -13.15% | -26.86% | -40.59% | +90.97% |















































