CMP : 301.35
• Price is Hovering above all KMA
• can see New All time High soon
• QoQ progressive Financial performance adds stars to healthy Financial condition
• after a big rally stock has taken rest and gone sideways
• making VCP & trying to break trendline which can shift the trend of price
Sector : Information Technology
Industry : Fintech
Market Cap : 3,692.85 cr.
Category : Small Cap
PE : 83.89
About Company
The company's core product portfolio include: 'Propel', a corporate SaaS platform for channel rewards and incentives, employee rewards and recognition; 'Save', a SaaS-based platform and a mobile application to offer expense management solution for business spend management facilitating digitised employee reimbursements and tax benefits; 'CEMS', a customer engagement management system that enables merchants to comprehensively manage their customer experiences including rewarding merchants through gift card and loyalty benefits; 'Zaggle Payroll Card", a prepaid payroll card that allows Customers to pay contractors, consultants, seasonal and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments; and 'Zoyer', an integrated data driven, SaaS based business spend management platform with embedded automated finance capabilities in core invoice to pay workflows.
Zaggle Prepaid Ocean Services Ltd.
The company was incorporated as Zaggle Prepaid Ocean Services Private Limited at Hyderabad as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 2, 2011 issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequently, the company was. converted into a public limited company under the Companies Act, 2013, pursuant to a special resolution passed by its Shareholders at the EGM held on August 22, 2022 and consequently, the name of the company was changed to 'Zaggle Prepaid Ocean Services Limited" and a fresh certificate of incorporation dated September 13, 2022 was issued by the Registrar of Companies, Telangana at Hyderabad.
Incorporated in 2011, the company operates in a segment where it interacts and interface with it Customers (ie, businesses) and end Users (ie., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services, having one of the largest number of issued prepaid cards in India in partnership with certain of its banking partners, a diversified portfolio of SaaS, including tax and payroll software, and a wide touchpoint reach. The company is sector-agnostic, and its network of corporate customers covers the banking and finance, technology, healthcare, manufacturing. FMCG, infrastructure and automobile industries, among others, where it has relationships with brands such as TATA Steel, Persistent Systems, Vitech, Inox, Pitney Bowes, Wockhardt, MAZDA, PCBL (RP Sanjiv Goenka Group), Hiranandani group, Cotiviti and Greenply Industries. It is placed at the intersection of the Saas and fintech ecosystems, and its SaaS platform is designed for: (i) business spend management (including expense management and vendor management); (ii) rewards and incentives management for employees and channel partners; and (iii) gift card management for merchants, which it refer to as customer engagement management system (CEMS).
Business area of the company
The company's core product portfolio include: 'Propel', a corporate SaaS platform for channel rewards and incentives, employee rewards and recognition; 'Save', a SaaS-based platform and a mobile application to offer expense management solution for business spend management facilitating digitised employee reimbursements and tax benefits; 'CEMS', a customer engagement management system that enables merchants to comprehensively manage their customer experiences including rewarding merchants through gift card and loyalty benefits; 'Zaggle Payroll Card', a prepaid payroll card that allows Customers to pay contractors, consultants, seasonal and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments, and "Zoyer', an integrated data driven, SaaS based business spend management platform with embedded automated finance capabilities in core invoice to pay workflows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.