Mumbai, January 23, 2026: Zaggle Prepaid Ocean Services Limited (NSE: ZAGGLE | BSE: 543985) on Thursday announced the execution of a service agreement with HDFC ERGO General Insurance Company Limited, marking a strategic expansion of its enterprise rewards and engagement business.
Under the agreement, Zaggle will provide its Propel rewards platform to HDFC ERGO, enabling structured reward and incentive solutions for the insurer’s business requirements. The contract has been signed for a period of three years, strengthening Zaggle’s presence in the insurance and financial services ecosystem.
Key Details of the Agreement
| Particulars | Details |
|---|---|
| Partner Company | HDFC ERGO General Insurance Company Limited |
| Nature of Agreement | Service agreement |
| Platform Offered | Zaggle Propel rewards platform |
| Contract Duration | 3 years |
| Geographic Scope | Domestic |
| Related Party Involvement | None |
About the Company
Zaggle Prepaid Ocean Services Limited is a listed fintech company providing spend management, rewards, and incentive solutions to corporates and institutions. Its product suite includes digital expense management tools and reward platforms such as Propel, catering to enterprises across sectors. The company is listed on the NSE and BSE and continues to focus on expanding its enterprise client base through technology-driven offerings.Source:
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