Zaggle Expands Fintech Footprint: Inks 3-Year Deal with Honasa Consumer for Zoyer Platform

Zaggle Prepaid Ocean Services Ltd has entered into a strategic agreement with Honasa Consumer, the parent company of popular brands like Mamaearth and The Derma Co. The 36-month contract will see Zaggle providing its Zoyer platform, a SaaS-based business spend management solution, to Honasa. This move aligns with Zaggle's recent growth trajectory, which includes partnerships with companies like Zepto and Indus Towers. The Zoyer platform, contributing to 30% of Zaggle's revenue, is expected to reach 45-50% by FY26-27. This collaboration underscores Zaggle's expanding influence in the fintech sector and its commitment to innovative financial solutions for corporate clients.

 

Sources: NSE, BSE, Business Standard, Inc42