India's Zaggle Prepaid Ocean Services gains on deal with Daimler India Commercial Vehicles
BUZZ-India's Zaggle Prepaid Ocean Services gains on deal with Daimler India Commercial Vehicles ** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 1.4% to 206.25 rupees
** Financial solutions provider signs 3-year agreement with Daimler India Commercial Vehicles (DICV) to provide Zaggle Zatix platform and Corporate Credit Card Program to automaker's fleet partners
** Says commercial consideration under agreement will depend on number of fleet partners and drivers onboarded, as well as spending at authorised DICV touchpoints; contract value cannot be determined at this stage
** Stock down 40.7% YTD
(Reporting by Payel Das in Bengaluru)
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