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ZAGGLE — Zaggle Prepaid Ocean Services News Story

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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)

((Payel.das@thomsonreuters.com))

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