Zaggle Prepaid Ocean Services Limited has entered into a two-year agreement with HT Media Limited to provide its employee expense management platform, Zaggle Save. The arrangement focuses on streamlining expense tracking and working on employee benefits for HT Media’s workforce.
As of 11:31 AM on January 17, Zaggle Prepaid Ocean Services Ltd’s stock was trading at ₹523.90, down by (0.98%) today, with a 66.11% gain over the past six months and a 151.51% rise in the past year.
Under this domestic customer service contract, Zaggle will deliver its Zaggle Save solution to HT Media over the next two years. The partnership is to simplify how expenses are managed and processed, introducing a more organised approach for the media company.
Zaggle Save is a platform tailored to manage employee-related expenses while offering benefits suited to an organisation’s needs. By adopting this system, HT Media aims to digitise and simplify its processes, for a better approach to managing financial workflows tied to its employees.
The agreement is a professional engagement with no connections to related parties or promoter interests. Both companies aim to focus on achieving the goals outlined in the contract. The terms show a clear two-year timeline, with Zaggle providing the necessary tools and support to implement the platform effectively.
For HT Media, this is part of a broader plan to adopt digital solutions that align with modern workplace demands. The agreement with Zaggle also shows the growing trend among organisations to prioritise efficiency and employee-focused benefits.
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Published on: Jan 17, 2025, 2:44 PM IST
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