Zaggle partners with Standard Chartered Bank for prepaid solutions

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Standard Chartered Bank to serve as a solution provider for its prepaid payment instrument offerings to corporate customers. The agreement, disclosed on August 27, 2025, is a domestic arrangement with an execution period of five years.

Under the referral agreement, Zaggle will make its prepaid payment instrument platform available to corporate customers referred by Standard Chartered Bank. The company clarified that this is a domestic entity arrangement and that the order(s)/contract(s) would not fall within related party transactions.

Avinash Ramesh Godkhindi, managing director and chief executive officer of Zaggle Prepaid Ocean Services Limited, signed the announcement, confirming compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.