Eraaya Lifespaces Ltd won ₹140 crore MSRTC deal
Eraaya Lifespaces' subsidiary, Ebix Technologies, secured a ₹140 crore contract with MSRTC for India's first statewide National Common Mobility Card (NCMC) rollout. This "One Nation One Card" initiative, leveraging Aadhaar-based authentication, aims to unify digital payments, prevent subsidy misuse, and handle over ₹2,000 crore in annual transactions. Ebix expects to issue over 2 crore cards.