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Zaggle incorporates wholly owned subsidiary in Gujarat

The Certificate of Incorporation was received from Ministry of Corporate Affairs on February 25, 2026

Zaggle Prepaid Ocean Services has incorporated a wholly owned subsidiary (WOS) by name ‘Zaggle Payments IFSC’ in GIFT City, Gujarat. The Certificate of Incorporation was received from Ministry of Corporate Affairs on February 25, 2026. The WOS will be a Saas Fintech Company, inter-alia, engaged in providing spend management solutions to corporates and their users through their online platform and solutions. 

Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with its customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.