Zaggle Prepaid Ocean Services has entered a 36-month contract to provide its Zaggle Zoyer Platform to domestic retail giant BIBA Fashion Limited, marking a strategic fintech partnership aimed at enhancing BIBA’s payment operations and customer engagement with advanced technology solutions, strengthening Zaggle’s presence in the retail segment.
Zaggle Prepaid Ocean Services Limited (Zaggle) has announced a significant business development by entering into a contractual agreement with BIBA Fashion Limited. This agreement underscores Zaggle’s expanding footprint in the domestic market, as it will deliver its proprietary Zaggle Zoyer Platform to BIBA Fashion over a three-year tenure.
The partnership centers on Zaggle’s Zoyer Platform—a comprehensive payment and financial technology solution—tailored to enhance BIBA Fashion Limited’s operational efficiency and customer engagement. This long-term contract highlights Zaggle’s growing influence in supporting retail-focused enterprises with cutting-edge fintech solutions domestically.
Key elements of the agreement include the provision and execution of the Zoyer Platform services over a 36-month period, signifying a substantial commitment from both companies to collaborate closely. This contract reinforces Zaggle’s continuous innovation drive and its strategic alliances with prominent Indian brands.
Important Points:
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Zaggle to supply its Zaggle Zoyer Platform to BIBA Fashion Limited
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Contract awarded by domestic entity, strengthening home market ties
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Agreement spans a three-year (36 months) execution period
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Reflects Zaggle’s role in fintech solutions for retail clients
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Collaborative effort aimed at enhancing payment and operational processes
This agreement reflects a strategic growth avenue for Zaggle, while positioning BIBA Fashion to leverage advanced fintech tools for business optimization.
Source: Exchange Disclosure to the Stock Exchanges