Zaggle Prepaid Ocean Services Limited

Bank of India Mutual Fund increased its stake in Zaggle Prepaid Ocean Services from 2.46% to 2.49% through a rights issue, acquiring 38,514 shares.

A financial technology company that provides comprehensive expense management solutions for corporates, SMEs, and startups across India. Zaggle builds automated workflows and digital products designed to help businesses manage their operational expenses efficiently and transparently. The company specializes in creating innovative fintech platforms that streamline corporate spending, enhance financial controls, and improve visibility into business expenditures across organizations of varying sizes.

AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.