Zaggle Shares in Focus After Securing 5-Year DTDC Deal for Expense Management Solutions
By Shishta Dutta | Updated at: Oct 20, 2025 02:21 PM IST
Mumbai, July 2, 2025 – Shares of Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE | BSE: 543985) are likely to remain in focus today after the company announced a significant agreement with DTDC Express Limited. Under the deal, Zaggle will deploy its flagship Zoyer and Save platforms to manage DTDC’s employee expenses and benefit programs for a period of five years.
Key Deal Details
The five-year domestic contract marks a significant step in strengthening Zaggle’s presence in the enterprise solutions space. Under the agreement, Zaggle will deploy its proprietary platforms Zaggle Zoyer and Zaggle Save, to streamline DTDC’s employee expense management and benefits administration. The integration of these platforms is expected to improve operational efficiency and enhance workforce satisfaction through smarter expense tracking and tailored employee perks.
| Particulars | Description |
|---|---|
| Client | DTDC Express Limited |
| Nature of Agreement | Long-term service contract |
| Duration | 5 years |
| Scope | Implementation of Zaggle Zoyer and Zaggle Save platforms |
| Segment | Employee expense management & benefits |
| Type | Domestic transaction |
| Related Party Transaction | No |
| Promoter Interest | No |
The transaction is not categorized as a related-party deal, and there is no promoter interest involved. The development was disclosed in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, 2015, as per the circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Market Impact and Strategic Implication
This deal marks a strong validation of Zaggle’s enterprise SaaS offerings in the fintech space. With DTDC being one of India’s leading logistics firms, the partnership is expected to provide Zaggle with scalable deployment opportunities and potential cross-selling across DTDC’s expansive workforce.
Zaggle Prepaid Ocean Services Stock Performance
Zaggle Prepaid Ocean Services shares have gained 0.94% in the early trade on Wednesday, trading at ₹417 in the National Stock Exchange. Zaggle Prepaid Ocean Services shares have gained 43.97% in the last year, dipped 23% in the year-to-date, and 3.97% in the previous month.
About Zaggle Prepaid Ocean Services
Zaggle Prepaid Ocean Services Ltd, headquartered in Hyderabad, is a listed fintech company providing digital payment and employee benefit solutions to corporates. It is known for platforms such as Zoyer (an integrated expense management system) and Save (employee benefit disbursal system).
REF: https://nsearchives.nseindia.com/corporate/ZAGGLE_01072025213014_DTDC.pdf
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