Zaggle Prepaid Signs Agreement with Aster DM Healthcare for Employee Expense Management

Zaggle Prepaid Ocean Services Limited has signed a 1-year agreement with Aster DM Healthcare Limited to offer its “Zggle Save” to Aster DM Healthcare Ltd. which can be used for managing employee expenses.

Nature and Terms of the Contract

Under the agreement, Zaggle will offer its product “Zaggle Save” to Aster DM Healthcare. This service includes tools for managing employee expenses and providing benefits. The deal is valid for one year and is domestic in nature.

The exact size or financial value of the contract is not mentioned. However, it is confirmed that the deal is not a related party transaction and no promoter or group company has any interest in Aster DM Healthcare.

About the Companies

Zaggle Prepaid Ocean Services Limited is a fintech company that offers digital payment solutions, including tools for managing employee expenses and rewards. One of its key products, “Zaggle Save,” helps businesses track and control employee spending while offering benefits and incentives. 

Aster DM Healthcare Limited is a leading healthcare provider in India and abroad, running a network of hospitals, clinics and pharmacies. Known for delivering quality medical services, Aster DM focuses on affordable and accessible healthcare across its locations.

Read More: Zaggle Prepaid Ocean Services Signs Agreement with Truecaller International

Share Performance 

As of May 02, 2025, at 12:20 PM, with a market capitalisation of ₹43.40 billion, Zaggle Prepaid Ocean Services Ltd share price is trading at ₹322.80 per share, reflecting a surge of 0.39% from the previous closing price. Over the past month, the stock has declined by 9.06%. The stock’s 52-week high stands at ₹591.90 per share, while its low is ₹234.50 per share.

Conclusion

This partnership marks a step forward for Zaggle in expanding its employee expense management services. The agreement strengthens Zaggle’s business portfolio without involving any conflict of interest or related party issues.

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