Zaggle Partners with Golden Jasraj Music Platforms to Launch Co-Branded Prepaid Card

Zaggle Prepaid Ocean Services (Zaggle), a name that’s making it to the news in the fintech industry, has announced a new collaboration with Golden Jasraj Music Platforms. Together, they’re launching a co-branded prepaid card, targeting corporate clients and their users. This isn’t just another card, it’s part of a cultural and tourism prepaid card program, blending finance with the richness of Indian culture and travel. The project will roll out over the next three years, promising a lot of action in this space.

What’s the Partnership About?

The partnership will create a prepaid card tailored for corporate users, offering convenience while giving importance to the cultural and tourism sectors. With prepaid cards becoming a go-to choice for businesses, this is expected to strengthen and boost corporate expense management while adding a touch of culture.

Growing Fintech Domain

Zaggle isn’t only about prepaid cards. Over the years, it’s built a portfolio of financial technology services, including SaaS-based solutions like tax and payroll software. With a good network and innovative products, the company is carving a niche for itself in the fintech space, mixing technology with financial solutions.

The Numbers 

If you’re wondering how Zaggle is doing financially, here’s some detail: In Q2FY25, the company reported a 167.3% jump in consolidated net profit, coming in at Rs.20.29 crore. Net sales didn’t disappoint either, surging by 64.2% to Rs.302.56 crore compared to Q2FY24. Investors are clearly paying attention, Zaggle’s stock is currently trading over 2% lower today at Rs.467.05 and is up 117.21% year-to-date and 91.87% over the past year.

Conclusion: Zaggle is incorporating fintech with cultural experiences, creating solutions that go beyond transactions. With good financials and a vision for the times ahead, Zaggle seems to be working to reshape how businesses and users interact with money. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.