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Zaggle Prepaid Ocean Services Shares Jumps Over 3%; Signs Agreement with Jio Credit 

Written by: Team Angel OneUpdated on: 16 Jan 2026, 5:27 pm IST
Zaggle signs a 1-year referral agreement with Jio Credit to offer device leasing solutions to corporate clients under its Device Leasing Programme.
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Zaggle Prepaid Ocean Services Limited has entered into a new agreement with Jio Credit Limited to strengthen its device leasing offerings for corporate customers. 

Agreement Overview 

The agreement is structured as a referral arrangement, under which Zaggle will refer its corporate customers to Jio Credit Limited for availing leasing solutions under Zaggle’s Device Leasing Program. The arrangement has been entered into for a duration of 1 year. 

Under the terms of the agreement, Zaggle will facilitate access to leasing solutions by connecting its corporate client base with Jio Credit Limited.  

The size or consideration of the arrangement is linked to customer referrals rather than a predefined contract value.  

About the Company 

Zaggle Prepaid Ocean Services Limited is a fintech-focused company offering spend management and employee benefits solutions to enterprises.  

Its product portfolio includes prepaid cards, expense management platforms and digital payment solutions designed to simplify corporate spending, enhance control, and improve operational efficiency for organisations across sectors.  

The company leverages technology-driven platforms to address evolving corporate payment and benefits needs. 

Read More: Zaggle Prepaid Ocean Services Share Price Surges Over 2%; Enters Agreement with Bennett Coleman! 

Zaggle Prepaid Ocean Services Share Price Performance  

As of January 16, 2026, at 11:00 AM, Zaggle Prepaid Ocean Services share price is trading at ₹312.55 per share, reflecting a surge of 3.36% from the previous closing price. Over the past month, the stock has declined by 13.76%. 

Conclusion  

The agreement expands Zaggle’s service ecosystem by integrating leasing solutions for corporate customers. By partnering with Jio Credit, the company enhances its value proposition without capital deployment, strengthening its position in enterprise spend management while supporting flexible device access for businesses. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 16, 2026, 11:57 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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