Zaggle Prepaid Ocean Services Ltd.

MUMBAI, India, March 5, 2026 /PRNewswire/ -- Zaggle, one of India's leading listed spend management companies, is accelerating its evolution into a scalable, compliance-first fintech infrastructure platform with a series of strategic initiatives spanning enterprise governance, sustainable mobility and leadership engagement. 

Over the past few weeks, the company has announced three distinct yet strategically aligned developments:

• A marquee enterprise partnership with Chennai Super Kings (via Superking Ventures Private Limited)
• A closed-loop CNG fleet solution with Adani Total Gas Limited and Hyundai Motor India
• Its signature leadership platform, ZGolf by Zaggle

Together, these initiatives reinforce Zaggle's broader ambition to build a multi-dimensional, governance-led transaction ecosystem beyond traditional spend management.

At the heart of this evolution is Zaggle's deepening engagement with marquee enterprises that demand scale, transparency and governance-led financial infrastructure. Superking Ventures Private Limited, owner of the Chennai Super Kings, has partnered with Zaggle to deploy its Corporate Expense Cards integrated with Zaggle's Spend Management Platform. The partnership underscores Zaggle's growing traction among professionally managed, high-performance organisations seeking real-time visibility, structured controls and technology-driven compliance architecture. For Zaggle, such engagements are not one-off transactions but recurring, platform-led integrations designed to strengthen enterprise wallet share and drive long-term lifetime value.

Complementing this infrastructure-led expansion, Zaggle is also investing in strategic relationship capital through 'ZGolf by Zaggle,' an invite-only leadership engagement platform hosted at the Classic Golf & Country Club, Gurugram. The curated golf learning session brought together senior corporate leaders for peer interaction, leadership dialogue and experiential networking. Through its acquisition of GreenEdge, which curates premium golf experiences for leading institutions including the National Payments Corporation of India, Zaggle has further strengthened its presence within India's growing golf ecosystem, positioning itself as an end-to-end enabler of premium engagement platforms that combine hospitality, structured execution and measurable outcomes.

The collaboration with Adani Total Gas Limited further strengthens Zaggle's presence in high-frequency, compliance-sensitive sectors, aligning with India's clean mobility transition and regulatory-driven fuel ecosystem. By integrating payment infrastructure with sector-specific regulatory and operational requirements, Zaggle is building scalable, ecosystem-driven models that enhance recurring revenue visibility and long-term enterprise value.

Commenting on the company's evolving strategy, Dr. Raj P. Narayanam, Founder & Executive Chairman, Zaggle, said: "At Zaggle, our vision has always been to build a governance-first, technology-led financial ecosystem that enables enterprises to operate with greater transparency, efficiency and control. Our approach is centred on increasing enterprise wallet share through platform-led integrations rather than standalone solutions. Each initiative whether in sports-led enterprise engagement, clean mobility ecosystems, or curated leadership platforms, strengthens Zaggle's positioning as a trusted, compliance-first fintech infrastructure partner."

Viewed together, these initiatives underscore a coherent strategic direction, delivering enterprise-grade financial governance solutions to marquee organisations.

Operating in the B2B2C segment, Zaggle is among India's leading prepaid card issuers, collaborating with 19 banking partners. As of December 31, 2025, the company has issued more than 50 million prepaid cards and serves over 3.7 million users across banking, financial services, technology, healthcare, manufacturing, FMCG, infrastructure and automobiles.

About Zaggle Prepaid Ocean Services Limited (Zaggle)

Founded in 2011, Zaggle (NSE: ZAGGLE) (BSE: 543985) is a category-leading spend management company with a strong technology-led value proposition and a diversified user base. Operating in the business-to-business-to-customer (B2B2C) segment, Zaggle is among a select group of players with a comprehensive suite of financial technology products and services. Zaggle is one of India's top issuers of prepaid cards, collaborating with 19 banking partners to drive its card offerings. The company also boasts a diverse portfolio of SaaS products and an extensive network of touchpoints.

As of December 31, 2025, the company has issued more than 50 million prepaid cards, serving more than 3.7 million users across industries. Zaggle's enterprise network spans banking and financial services, technology, healthcare, manufacturing, FMCG, infrastructure, and automobiles.

For more information, please visit: https://www.zaggle.in/

Media Contact:

Haarmeet Arrora

Vice President - Corporate Communication | Public Relations | Events

+91-9820183489 | haarmeet.arrora@zaggle.in

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HYDERABAD, India, June 10, 2025 /PRNewswire/ -- Dr. Raj P. Narayanam, Founder and Executive Chairman of Zaggle, has been honoured with the prestigious Entrepreneur of the Year Award 2024–2025 by the Hyderabad Management Association (HMA). This esteemed recognition celebrates Dr. Raj's exceptional entrepreneurial vision, leadership, and his impactful contributions to the industry, reaffirming his role as a driving force in India's business and fintech landscape.

The Entrepreneur of the Year Award was conferred upon Dr. Raj P. Narayanam at the 52^nd HMA Annual Awards ceremony, held at the Marigold Hotel, Hyderabad. The award selection followed a rigorous evaluation process conducted by an independent and distinguished jury comprising Mrs. K. Vijaya Lakshmi (Retired Judge), Prof. S. Sreenivasa Murthy (Director, IPE), Mr. V. N. Vishnu (IAS, Retd.) and Mr. Prakash Chandra Baror (General Manager, SBI). After a thorough assessment of the nominees, the jury unanimously recommended Dr. Raj P. Narayanam for this honour in recognition of his outstanding entrepreneurial achievements and industry contributions.

Expressing his gratitude on the recognition, Dr. Raj, said, "I am deeply honoured and humbled to receive the 'Entrepreneur of the Year Award' from HMA. This recognition is a reflection of the collective dedication, innovation and hard work of the entire team at Zaggle. The award celebrates impactful business leadership in the region, and I am proud to be among those acknowledged. This recognition inspires us to keep pushing the boundaries of innovation and to continue contributing meaningfully to India's ever-evolving business landscape."

Conceptualized in 1964, HMA has a legacy of fostering managerial excellence and professionalism. The 'Entrepreneur of the Year Award' category recognizes outstanding leadership and significant growth in the entrepreneurial landscape. Past recipients of this award include notable figures such as Dr. Manne Satyanarayana Reddy, Founder & Chairman of MSN Group, Mr. V. Venkatram, MD & CEO, SeedWorks International and A. Sridhar Reddy Managing Director, Esennar Transformers.

With over two decades of experience in global finance and technology, Dr. Raj has been a trailblazer in developing innovative solutions that drive efficiency and ensure compliance within the SaaS and FinTech sector. His visionary leadership has earned him multiple prestigious accolades, including the 2024 Hurun Industry Achievement Award for Financial Solutions. He was also recently named 'FinTech Leader of the Year' at both the Bharat FinTech Summit and by Business World, further cementing his reputation as a leading force in the fintech landscape.

About Hyderabad Management Association

The Hyderabad Management Association (HMA), established in 1964, is a prominent professional organization dedicated to fostering managerial excellence and spreading professionalism among executives, academia, and students in Hyderabad and Secunderabad. Affiliated with the All India Management Association (AIMA), HMA provides a vital platform for knowledge sharing, skill development through various programs, and recognizing outstanding contributions to the management and entrepreneurial landscape. The 'Entrepreneur of the Year Award' is one of its most distinguished accolades, celebrating leaders who demonstrate exceptional performance and drive significant growth in their respective fields.

For more information, visit their website https://www.hmaindia.net/.

About Zaggle

Founded in 2011, Zaggle (BSE: 543985) (NSE: ZAGGLE) is a leading player in spend management, offering a differentiated value proposition with a diversified user base. Operating within the business-to-business-to-customer (B2B2C) segment, Zaggle stands out as one of the few companies with a comprehensive range of financial technology products and services. Zaggle is one of India's top issuers of prepaid cards, collaborating with banking partners to drive its card offerings. The company also boasts a diverse portfolio of SaaS products and an extensive network of touchpoints. As of March 31, 2025, Zaggle has issued over 50 million prepaid cards, serves more than 3,400 corporate enterprise clients and supports a user base exceeding 3.2 million. With a robust corporate client base spanning various industries, including banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure and automobiles, Zaggle is well-positioned as a leading player in the spend management sector.

For more information, please visit the company website www.zaggle.in or follow us on LinkedIn www.linkedin.com/company/zaggleapp/

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