Zaggle Prepaid Ocean Services Limited — Important, 14-08-2025: General Updates

Zaggle has filed a writ petition in the High Court, challenging the T-Wallet project tender award. The company alleges the winning bidder, Purview India Consulting, is ineligible as an LLP, violating tender conditions requiring Private/Public Limited companies. Zaggle also claims arbitrary evaluation and non-disclosure of technical scores, with a higher-priced bidder receiving the contract. Partnered with NSDL Payments Bank, Zaggle is seeking a favorable judgment and anticipates no material financial impact from this legal action. This highlights a dispute over fair competition in public tenders.