Mumbai, March 6 -- The agreement, detailed in an exchange filing, will see Tech Mahindra utilize Zaggle's Spend Management Dashboard, Zatix, for improved visibility and control over their corporate and purchase card spending. The cards are issued in collaboration with SBI Cards.

The Zatix Service Agreement is set to be executed within one year. The official announcement was made on 5 March 2025, after market hours.

Zaggle Prepaid Ocean Services provides financial technology (fintech) products and services along with prepaid cards and has built a portfolio of software as a service (SaaS), including tax and payroll software, and a broad touchpoint reach.

The company's consolidated net profit surged 29.8% to Rs 19.75 crore in Q3 FY25 as a...