ZPZaggle Prepaid Ocean Services543985Major contract win

Agreement to provide Zaggle Propel platform to AGP City Gas Private Limited

Zaggle has entered into an agreement with AGP City Gas Private Limited on October 27, 2026.

By ScoutQuest · Wed 28 Oct 2026, 4:00 PM IST · 2 min read

Agreement Date

October 27, 2026

Tenure / Validity

1 year, unless terminated earlier as per the agreement

Fee Basis

depends on the number of active users and the number of vouchers redeemed each month

What was announced

• Zaggle Prepaid Ocean Services Limited has entered into an agreement with AGP City Gas Private Limited on October 27, 2026.
• Under the agreement, Zaggle shall provide the Zaggle Propel platform to AGP City Gas Private Limited.
• The awarding entity is described as a domestic entity, and the nature of the arrangement is an agreement.

Tenure of the agreement

• The agreement shall be valid and in force for a period of 1 year, unless terminated earlier in accordance with its provisions.

How the fee is decided

• The update states that the quantum of fee is subject to the number of active users and the number of vouchers getting redeemed for the respective months on the platform.
• On that basis, the update says it would be difficult to ascertain the value or amount of the contract at this stage.

Interest and related-party checks

• No promoter, promoter group or group company has any interest in the entity that awarded the contract.
• The contract does not fall within related party transactions.

How to read this

• This is a platform-services agreement with a defined one-year run, not a fixed-value order.
• Because the fee moves with usage, the revenue from it will depend on how many users are active on the platform and how many vouchers are actually redeemed month to month.
• The tenure is clear; the money is usage-linked, so the announcement tells you who the client is and for how long, rather than how much it is worth.

What to watch

• The two usage measures named in the update, active users and vouchers redeemed, since the fee is tied to both.
• Any later communication that puts a value on the arrangement, which would let you size it against Zaggle's overall business.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev