Zaggle Prepaid Share Price Surge 124% YTD; Signs 5-Year Agreement with AGP City Gas

Zaggle Prepaid Ocean Services Limited (Zaggle) continues to attract attention. The company’s shares recorded an intraday high of ₹509.30 on the National Stock Exchange (NSE) on December 4, 2024, before settling 0.97% lower at ₹501.30. 

Strategic Partnership with AGP City Gas

One of the recent highlights in Zaggle’s growth journey is its five-year agreement with AGP City Gas Private Limited. This collaboration is focused on implementing the Zaggle Fleet Program, which aims to streamline and enhance fleet operations for AGP City Gas.

Key Details of the Agreement:

• Nature of Partnership: Domestic agreement
• Duration: 5 years
• Focus Area: Fleet management program for AGP City Gas

This partnership reflects Zaggle’s commitment to leveraging its expertise in fleet management to cater to specialised industry needs.

Additional Collaborations

Zaggle also announced a strategic agreement with Mastercard Technology Private Limited (Mastercard). MasterCard to recommend the Zaggle SaaS platform, Payment and Card Products to Corporate Customers and other ecosystem entities on a referral basis. The term commenced on November 26, 2024, and shall continue for a period of 7 years. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.