Zaggle Prepaid Ocean Services Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘Zaggle Prepaid Ocean Services Private Limited’ at Hyderabad as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 2, 2011 issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequently, our Company was converted into a public limited company under the Companies Act, 2013, pursuant to a resolution passed by our Board and a special resolution passed by our Shareholders at the EGM, each held on August 22, 2022 and consequently the name of our Company was changed to ‘Zaggle Prepaid Ocean Services Limited’ and a fresh certificate of incorporation dated September 13, 2022 was issued by the Registrar of Companies, Telangana at Hyderabad.

Major Events
2015
Launched Zaggle app and started focusing on customer loyalty programs

2019
•Launched a prepaid card powered by IndusInd Bank Limited
•Launched a channel incentive and engagement platform, namely, “PROPEL”
•Launched an expense management card platform, namely, “Save”

2020
Partnered with Yes Bank Limited for issuance of cobranded prepaid cards

2021
•Partnered with Razorpay, Tata Securities and Fibe, formerly EarlySalary for offering VAS products including for insurance, investing and tax planning, to enhance User experience and maintain Customer/ User retention
•Partnered with NSDL Payments Bank Limited for issuance of cobranded prepaid cards

2022
•Launched an integrated data-driven business spend management platform with embedded finance capabilities, namely, “Zoyer”
•Launched a wearable contactless payment device, in partnership with one of our Preferred Banking Partners, namely, “Zakey”

2023
•Partnered with Yes Bank Limited for issuance of cobranded corporate credit cards, integrated with “ZatiX”, an analytics platform.