Under the agreement, Google (via Redington) will collaborate with Zaggle & co-create an employee benefits solution. The partnership is set to span a period of five years.
Zaggle Prepaid Ocean Services provides financial technology (fintech) products and services along with prepaid cards and has built a portfolio of software as a service (SaaS), including tax and payroll software, and a broad touchpoint reach.
The company’s consolidated net profit surged 29.8% to Rs 19.75 crore in Q3 FY25 as against Rs 15.22 crore posted in the previous corresponding quarter. Revenue from operations zoomed 68.9% YoY to Rs 336.89 core in the quarter ended 31 December 2024.
The scrip slipped 3.45% to Rs 333.95 on the BSE.