Zaggle Prepaid Ocean Services has entered into loan agreement with Dice Enterprises (borrower). The size of the loan agreement is upto Rs 15 crore. The loan will be used for the working capital requirement. The loan is provided for a period of 12 months at an interest rate of 12% p.a. in one or more tranches, repayable on demand.
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.
