Zaggle Strengthens Tyger Capital Partnership with Amended Deal 🀝

Published: Jul 17, 2025 12:40

Hey there, finance explorers! πŸ‘‹ Let’s dive into some fresh corporate news from Zaggle Prepaid Ocean Services Limited (ZAGGLE). The company, known for simplifying spends, has just announced an interesting update regarding one of its key customer agreements.

On July 17, 2025, Zaggle informed the exchanges about an amendment to its existing Customer Service Agreement with Tyger Capital Private Limited. You might recall that the original agreement with Tyger Capital was inked back on January 23, 2025. Now, just a few months later, both parties have agreed to tweak various clauses of that initial deal.

So, what does this mean for Zaggle? Essentially, it solidifies and refines their ongoing partnership. Under this agreement, Zaggle continues to provide Tyger Capital Private Limited with its robust Zaggle Zoyer Platform, along with essential utility bill payment services. Think of it as Zaggle powering Tyger Capital’s operations with its digital solutions.

The duration of this service agreement remains consistent at 24 months, as per the original terms. It’s also worth noting that this is a domestic transaction, conducted at arm’s length, meaning it’s a fair deal between independent parties.

This kind of update, while not a brand-new contract from scratch, signals a healthy and evolving business relationship. It shows that Zaggle is actively managing and enhancing its client engagements, which is always a good sign for a growing fintech company.

At the time of this announcement, Zaggle’s stock (ZAGGLE) was trading at β‚Ή424, showing a modest gain of 0.9%. It’s a reminder that even amendments to existing deals can be positive indicators of a company’s operational stability and client retention.

Keep an eye on Zaggle as they continue to expand their digital payment and expense management solutions! ✨

source: Corporate Announcement