Zaggle Prepaid Ocean Services Limited is pleased to announce a new partnership with Blue Star Ltd., one of India’s leading air conditioning and commercial refrigeration companies. The agreement, formalized on September 4, 2024, involves the provision of Zaggle Save, an advanced employee expense management and benefits platform.

Agreement Highlights:

Parties Involved: Blue Star Ltd. and Zaggle Prepaid Ocean Services Limited.

Nature of the Agreement: Zaggle will supply its Zaggle Save platform for employee expense management and benefits.

Contract Duration: The agreement is set for a period of one year.

Scope of Services: The platform will be used for managing expenses and benefits for Blue Star Ltd.'s employees.

Consideration Size: Specific financial details of the contract are not disclosed but involve the implementation of the Zaggle Save platform.

Comments from Leadership: Avinash Ramesh Godkhindi, Managing Director and CEO of Zaggle Prepaid Ocean Services Limited, expressed enthusiasm about the new partnership. "We are thrilled to collaborate with Blue Star Ltd. for this project. Our Zaggle Save platform is designed to streamline and enhance the management of employee expenses and benefits, and we are confident it will add significant value to Blue Star’s operations."

Details of the Contract:

Awarding Entity: Blue Star Ltd.

Contract Type: Agreement

Domestic/International: Domestic

Interest Disclosure: There is no promoter or group company interest in the awarding entity.

About Zaggle Prepaid Ocean Services Limited: Zaggle Prepaid Ocean Services Limited, formerly known as Zaggle Prepaid Ocean Services Private Limited, is a prominent provider of prepaid and expense management solutions. The company's services include a range of innovative platforms designed to simplify financial management and enhance employee benefits.

For further details about the company and its services, visit Zaggle’s official website.

Disclaimer: Statements in this release related to the company's future plans and expectations are forward-looking and subject to risks and uncertainties. The actual results may differ from those projected based on various factors, including changes in market conditions and regulatory requirements.

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