Zaggle Prepaid Ocean Services Limited has entered into a customer service agreement with PhysicsWallah Limited, as per its latest regulatory filing with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Key Highlights of the Agreement
- Service Provided: Zaggle will offer PhysicsWallah its Zaggle Zoyer Platform.
- Contract Duration: The agreement is valid for 24 months.
- Nature of the Agreement: It is a domestic customer service contract.
- Financial Considerations: The broad consideration of the contract includes the integration of Zaggle’s fintech solutions with PhysicsWallah’s operations, but specific financial details were not disclosed.
- Promoter Interest: The contract does not fall under related party transactions, and there is no promoter or promoter group interest involved.
This collaboration aligns with Zaggle’s strategic expansion into the edtech sector, leveraging its fintech expertise to provide seamless solutions to one of India’s leading online education platforms.
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