Zaggle Prepaid Ocean Services Ltd. has entered into an agreement with Forever New Apparels Pvt. Ltd. to lease mobile phones for its employees. The initiative aims to enhance workforce productivity and streamline communication. The partnership highlights Zaggle’s growing role in employee benefits and technology-driven workplace solutions across India’s corporate ecosystem.
Zaggle Prepaid Ocean Services Ltd., a leading fintech and SaaS-based solutions provider, has announced a strategic agreement with Forever New Apparels Pvt. Ltd. to lease mobile phones for the apparel company’s employees. The move reflects Zaggle’s commitment to offering innovative employee benefit solutions that combine financial convenience with workplace efficiency.
The leasing arrangement is expected to improve employee connectivity, reduce upfront costs for Forever New Apparels, and provide flexibility in managing technology upgrades. By integrating mobile leasing into its portfolio, Zaggle continues to expand beyond prepaid cards and rewards management into broader corporate solutions.
Industry experts view this collaboration as part of a growing trend where companies adopt technology-driven employee benefit models to enhance engagement and productivity.
Key Highlights
-
Agreement: Zaggle Prepaid Ocean Services Ltd. with Forever New Apparels Pvt. Ltd.
-
Scope: Leasing mobile phones for employees.
-
Objective: Improve workforce productivity and communication.
-
Strategic Impact: Expands Zaggle’s role in employee benefits and workplace solutions.
-
Financial Advantage: Reduces upfront costs, offers flexibility in upgrades.
This partnership underscores Zaggle’s diversification strategy and its focus on strengthening corporate relationships through innovative, tech-enabled solutions.
Sources: Business Standard, Moneycontrol, Equity Bulls.