Zaggle Prepaid Ocean Services Limited (Zaggle), has entered into an agreement with Nishi Forex And Leisure Pvt Ltd.(Nishi Forex). Zaggle is contracted to be a Co-brand partner with Nishi Forex who is an Authorised Dealer II for forex card to carry out activities such as Sales and Distribution, Marketing and Campaigning bundled with Zaggle expense management to drive card spends & greater usage of the software. Subject to RBI approval the product launch will be done in due course.

nature of order(s) /contract: Co- Branding Partnership and Marketing Agreement. Time period: 5 Years. Zaggle can leverage existing Corporate base to sell forex cards to employees of the Corporate client, and it can be tightly coupled with Zaggle expense management software.