Eraaya Lifespaces Ltd — Updates, 24-07-2025: Company Update

Eraaya Lifespaces' Indian subsidiary, Ebix Technologies, has secured a ₹140 Cr contract with Maharashtra State Road Transport Corporation (MSRTC). This landmark deal initiates India's first statewide rollout of the National Common Mobility Card (NCMC) for concessionaires, aligning with the 'One Nation One Card' vision. The project aims to revolutionize public transit by establishing a seamless, unified digital payment system. This initiative is expected to significantly boost MSRTC's digital transactions, with annual volumes potentially exceeding ₹2000 Cr, enhance passenger convenience, and improve subsidy transparency by curbing ticketing fraud.