Zaggle Prepaid Ocean Services has entered into an agreement with Bikaji Foods International Limited to provide its Zaggle Save service, focusing on employee expense management and benefits. The agreement, executed on 15 May 2026, is set to last for one year.
The partnership involves Zaggle offering its Software as a Service (SaaS) platform to Bikaji Foods, which will manage employee expenses and benefits. The financial terms of the contract are not fixed; instead, they will depend on the number of active users and their spending on the platform. This variable nature makes it challenging to determine the exact value of the contract at this stage.
Zaggle confirmed that the agreement with Bikaji Foods is a domestic contract, with no involvement of international entities. Furthermore, there is no interest from the promoter group or related parties in the entity awarding the contract, ensuring no related party transactions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).