Zaggle Prepaid share jumped more than 24% this week after the company announced a deal with HDFC Ergo General Insurance Company.
In the exchange filing, the company shared, “This is to inform you that Zaggle Prepaid Ocean Services Limited (“Zaggle”), has entered into an agreement with HDFC Ergo General Insurance Company Limited.”
According to the terms of the deal, Zaggle will provide HDFC Ergo with its Zaggle Propel reward platform (Channel rewards and recognition).
According to the firm, the Zaggle Propel reward platform is for channel partners of HDFC Ergo General Insurance Company Limited. However, the arrangement will remain until August 31, 2025, unless terminated in terms provided thereunder, it added.
Stock Performance on Friday
– Open: ₹443.55
– High: ₹446.20
– Low: ₹423.00
