Zaggle Surges 5% After Tie-Ups With AU Small Finance Bank, Mastercard 

The stock pared some of the gains and was up 1.5% at INR 360.30 on the BSE at 12:45, taking the company’s market capitalisation to $544 Mn 

The rally came after Zaggle announced partnerships with AU Small Finance Bank (AU SFB) for co-branded retail credit card, co-branded prepaid card, and commercial card, and with Mastercard for co-branded domestic prepaid cards

The company’s shares have largely remained in a corrective phase this year, mirroring the Nifty IT index’s 18%…