Zaggle Prepaid Ocean Services Limited has announced that it entered into a formal business agreement with Daimler India Commercial Vehicles Private Limited (DICV) on July 27, 2026.

Under the terms of the agreement, Zaggle will provide its specialized Zaggle Zatix and Corporate Credit Card Program to DICV for their fleet partners. The contract is a domestic agreement set for a time period of 3 years. The commercial consideration under this partnership is directly proportional to the number of fleet partners and drivers onboarded by Zaggle along with the transaction spends at authorized DICV touchpoints over the tenure of the contract.

Zaggle Prepaid Ocean Services Limited is a prominent financial technology company specializing in spend management, prepaid card solutions, corporate gifting, and expense management software. In recent developments, the company has scaled its operational capabilities through strategic acquisitions like Greenedge Enterprises and Rivpe Technology to enhance its consumer fintech ecosystem. Driven by robust AI-led automation and platform growth, the company crossed major revenue milestones, supported by extensive deployment of its API banking and corporate software solutions across multiple domestic banking networks.

During the latest financial results announced for the fiscal year, Zaggle demonstrated substantial financial expansion, crossing annual revenues of ₹1,900 crores with a strong net profit growth of over 50% compared to previous periods. The company’s stellar performance reflects efficient scaling, enhanced operating leverage, and increasing adoption among major enterprise clients. Prominent institutional investors and stakeholders continue to back the firm’s growth momentum in the competitive fintech landscape.

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