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Zaggle Prepaid Ocean Services Ltd. has teamed up with Google, through Redington (India) Ltd., to roll out the Smart Employee Purchase (EPP+) Program.
The program offers secure, cost-effective, and scalable solutions for businesses to enhance their operational efficiency while empowering employees with access to premium technology at an affordable cost.
Zaggle said that businesses will have a single-vendor solution for device procurement and lifecycle management while the employees can access Google Pixel devices at reduced costs. Employees in the highest tax brackets will be able to save up to 35% compared to market prices, it said.
Building a comprehensive solution
Speaking on the partnership, Avinash Godkhindi, Managing Director and CEO, Zaggle said, “At Zaggle, we are committed to continuously innovating solutions that simplify and enhance the employee experience while enabling organizations to optimize costs and operations."
"Our partnership with Google, through Redington, reflects this commitment and strengthens our mission to deliver greater value to both employers and employees. With the Smart Employee Purchase (EPP+) program, we are offering businesses a comprehensive device management solution that blends cost-efficiency, security, and seamless administration."
Empowering organizations to invest in their workforce
Avinash further said that the program empowers organizations to invest in their workforce, driving engagement and satisfaction, while ensuring they are future-ready.
The partnership is set to last five years and is expected to open a new route for companies looking to enhance their employee benefits programs.
Organizations will benefit from optimized cash flow through predictable lease payments and enjoy tax advantages with structured leasing models. Additionally, robust enterprise-grade security protocols, regular updates, and complete lifecycle management offered by the program will ensure that the risk is effectively managed.
Expansion and acquisitions
Zaggle recently raised fresh capital and is in advanced discussions for several acquisitions. The company said that they could close two or three deals in the coming quarters, focusing on software-as-a-service, payments and merchant card systems.
Zaggle was founded in 2011 and operates in the B2B2C segment. It is one of India’s largest issuers of prepaid cards through its banking partners and also offers a wide range of SaaS solutions, including tax and payroll software. The company claims to have issued more than 50 million prepaid cards and has more than 3 million users. Its corporate clientele spans industries such as banking, finance, technology, healthcare, manufacturing, FMCG, infrastructure and automotive.