Zaggle Share Price Surges; Partners with Daimler India Commercial Vehicles for Fleet Solutions

Zaggle Prepaid Ocean Services Ltd. has entered into a three-year agreement with Daimler India Commercial Vehicles Private Limited (DICV) to provide digital fleet management and payment solutions, as per the exchange filings.   

Under the partnership, Zaggle will deploy its Zaggle Zatix platform along with its Corporate Credit Card Program for DICV's fleet partners.  

Fleet Partners to Access Zaggle Solutions 

The agreement covers the rollout of Zaggle Zatix and the company's Corporate Credit Card Program for businesses associated with Daimler India Commercial Vehicles. 

The solutions are intended for DICV's fleet partner network under the newly signed commercial arrangement.  

Agreement To Run for Three Years 

The partnership will remain in force for a period of three years. 

The commercial consideration will vary based on the number of fleet partners and drivers onboarded by Zaggle, along with spending at authorised DICV touchpoints during the agreement tenure.  

Contract Value Yet to Be Determined 

The company said it is not possible to ascertain the value of the agreement at this stage. 

This is because the commercial consideration is linked to future onboarding activity and transaction volumes generated under the partnership.  

About Zaggle 

Zaggle Prepaid Ocean Services Ltd. is a fintech company that offers spend management, corporate payments and employee benefits solutions.  

Its product portfolio includes prepaid cards, expense management, rewards, fleet and business payment solutions for enterprises across industries. 

Read More: Tata Chemicals Share Price Falls Over 2% After Q1 FY27 Earnings Results: Total Income Up 13% YoY! 

Zaggle Prepaid Ocean Services Share Price Performance  

As of 28 July 2026, at 11:42 AM, Zaggle Prepaid Ocean Services Ltd share price was trading at ₹206.07 per share, reflecting a surge of 1.37% from the previous trading session. 

Conclusion 

The agreement expands Zaggle's presence in the commercial vehicle ecosystem through a three-year partnership with Daimler India Commercial Vehicles. By combining its Zatix platform with corporate payment solutions, the company will support DICV's fleet partner network under a usage-based commercial model.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

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. 

Looking to invest? Open a Demat Account with Angel One and start trading seamlessly.