Zaggle Partners with AU Small Finance Bank to launch Co-branded Credit Card

Zaggle Prepaid Ocean Services Limited (Zaggle), has entered into an agreement with AU Small Finance Bank Limited (AU SFB).

Details are as follow:

Sr.No.	Particulars	Description
1	Name of the entity awarding the order(s)/contract(s);	AU Small Finance Bank Limited
2	Significant terms and conditions of order(s)/contract(s) awarded in brief;	Zaggle is getting into a strategic partnership with AU SFB to launch: Co-branded Retail Credit Card powered by personalized recommendation engine and TPAP integrationCommercial Card supported by Zaggle’s enterprise presence and powered by Zaggle Zatix analytics platform
3	Whether order(s) / contract(s) have been awarded by domestic/ international entity;	Domestic
4	Nature of order(s) / contract(s);	Agreement
5	Whether domestic or international;	Domestic
6	Time period by which the order(s)/contract(s) is to be executed;	3 Years
7	Broad consideration or size of the order(s)/contract(s);	Zaggle to leverage its existing corporate base to sell co-brand Retail Credit Card and commercial card with AU SFB tightly coupled with Zaggle SaaS solutions and payment expertise.
8	Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof;	No
9	Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arms length”.	No