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 |
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