Zaggle Prepaid Ocean Services Ltd has entered into a three-year agreement with Hexalog Technologies Pvt Ltd to provide mobile phone procurement and leasing services under its Employee Purchase Programme. The deal strengthens Zaggle’s presence in employee benefits and expense management, while ensuring structured leasing options for Hexalog’s workforce.
Zaggle Prepaid Ocean Services Ltd announced on 29 January 2026 that it has signed a three-year corporate agreement with Hexalog Technologies Pvt Ltd, marking a significant expansion of its employee benefits portfolio. The partnership was disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, underscoring its strategic importance.
Key highlights of the agreement:
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Employee Purchase Programme: Zaggle will facilitate the procurement and leasing of mobile phones for Hexalog employees through a structured leasing model.
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Workforce empowerment: The initiative enables Hexalog’s staff to access smartphones more affordably, enhancing digital inclusion and productivity.
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Operational transparency: The deal has been executed at arm’s length, with no related-party transactions or promoter interests involved.
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Strategic positioning: The agreement strengthens Zaggle’s foothold in the employee benefits and expense management space, aligning with its broader vision of offering innovative corporate solutions.
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Market impact: Analysts view the deal as a step toward diversifying Zaggle’s offerings, potentially opening doors for similar partnerships across India’s IT and services sector.
By combining technology-driven solutions with employee-centric benefits, Zaggle continues to position itself as a leader in workplace financial innovation.
Sources: Business Upturn, ScanX News, InvestyWise