Zaggle Signs 3-Year Agreement with Apollo Health and Lifestyle for Employee Expense Solutions

Zaggle Prepaid Ocean Services Ltd has entered into a strategic 3-year agreement with Apollo Health and Lifestyle Ltd and its subsidiaries to offer its flagship platforms Zaggle Zoyer and Zaggle Save, tailored for employee expense management and benefits. 

Zaggle Zoyer & Save to Power Apollo's Employee Benefits

As disclosed to the exchanges on July 4, 2025, Zaggle will deliver its Zoyer and Save platforms to Apollo Health and Lifestyle Ltd, enhancing employee financial services across Apollo and its subsidiaries. The agreement is domestic in nature and does not involve any related party transactions. The engagement spans a period of 3 years.

Scope of the Agreement and Strategic Impact

Through this agreement, Zaggle will implement solutions focused on streamlining employee expense reporting, reimbursement, and benefits distribution. While the financial consideration has not been disclosed, the deal strengthens Zaggle’s position as a provider of embedded finance and employee-focused fintech solutions in India’s corporate ecosystem.

Domestic Partnership with National Relevance

The contract marks a notable domestic collaboration between two growing organisations in their respective sectors. With Apollo being a major player in healthcare services and wellness, and Zaggle in fintech automation, the partnership aligns well with India’s digital-first enterprise landscape.

Read More: Zaggle Prepaid Ocean Services Share Price in Focus on Signing 5-Year Agreement with DTDC Express!

Zaggle Prepaid Ocean Services Share Price Performance

On July 4, 2025, Zaggle Prepaid Ocean Services share price opened at ₹424.90 on NSE, above the previous close of ₹420.25. During the day, it surged to ₹424.90 and dipped to ₹420.25. The stock is trading at ₹421.60 as of 9:21 AM. The stock registered a marginal change of 0.32%.

Over the past week, it has moved up by 2.11%, over the past month, it has declined by 2.87%, and over the past 3 months, it has moved up by 24.02%.

Conclusion

Zaggle’s 3-year partnership with Apollo Health and Lifestyle reflects its continued push into enterprise fintech solutions, especially in the area of employee expense and benefits management. As the company expands its footprint with large institutional clients, such strategic collaborations are likely to boost recurring revenue and deepen market penetration.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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 securities are subject to market risks. Read all related documents carefully before investing.