Under the agreement, Zaggle will provide its Zaggle Zoyer platform to Rebel Foods for a period of one year. The contract has been awarded by a domestic entity and is in the nature of an agreement.
Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest numbers of issued prepaid cards in India in partnership with its banking partners. Additionally, the company has a diversified portfolio of software as a service (SaaS) products, including tax and payroll software, and a wide touchpoint reach.
The company’s standalone net profit surged 79.1% to Rs 33.24 crore on a 42.4% rise in revenue from operations to Rs 430.98 crore in Q2 FY26 over Q2 FY25.
Shares of Zaggle Prepaid Ocean Services fell 1.16% to Rs 293.75 on the BSE.