Zaggle Prepaid Ocean Services Partners with Honasa Consumer

Zaggle Prepaid Ocean Services Limited has entered into a strategic agreement with Honasa Consumer Limited, the parent company of Mamaearth. Under this contract, Zaggle will provide its Zoyer Platform to Honasa Consumer, facilitating improved financial and expense management solutions.

Nature of the Contract

The agreement is classified as a Customer Service Agreement and is purely domestic in nature. The collaboration is expected to enhance operational efficiencies for Honasa Consumer, leveraging Zaggle’s expertise in prepaid solutions and financial technology.

Contract Duration and Execution

The agreement spans 36 months, during which Zaggle will deliver its services as per the agreed terms. This long-term partnership is set to benefit both companies, reinforcing Zaggle’s role in digital payment solutions.

Conclusion

This partnership marks another milestone for Zaggle Prepaid Ocean Services as it continues to expand its offerings in the Indian market, catering to businesses with innovative financial solutions.

On February 25, 2025, Zaggle share price opened at ₹353.90, almost the same as its previous close of ₹353.05. At 11:48 AM, the share price of Zaggle Prepaid Ocean Services was trading at ₹360.35, up by 2.07% on the NSE.

On the other hand, Honasa share price opened at ₹220.00, slightly lower than its previous close of ₹223.32. At 11:50 AM, the share price of Honasa was trading at ₹224.11, up by 0.35% on the NSE.

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