Ebix Wins Rs 1.4 Billion Deal for NCMC Rollout in Maharashtra

26 Jul 2025 CW Team

Ebix Technologies had previously been awarded a contract on 30 November 2022 to supply and maintain 38,622 Android-based Electronic Ticketing Machines (ETMs), which have issued around 22 billion tickets over two years across MSRTC’s 16,000-strong bus fleet, serving over 1.3 billion passengers monthly.

The newly signed contract expands this partnership by introducing interoperable smartcard payments, enabling passengers to travel using a single card across various transport modes. Spearheaded by the National Payments Corporation of India (NPCI) in collaboration with the Ministry of Housing and Urban Affairs, the NCMC project represents a transformative step in India’s mobility infrastructure.

Key features of the project include:

Mandatory adoption of NCMC smartcards for all concessional MSRTC passengers, with optional availability for regular users.
A guaranteed sale of 7 million cards in the first year, scaling to over 20 million cards via 3,000 retail outlets set up by Ebix Technologies.
Multiple top-up options—physical outlets, web portals, and mobile apps—to maximise convenience.
Aadhaar-based and Saral API authentication to verify over 50 passenger categories and ensure effective targeting of subsidies.
Projected annual transaction volume of over Rs 20 billion, significantly enhancing MSRTC’s digital revenue ecosystem.

Ebix stated that the rollout will revolutionise public commuting in Maharashtra, offering a scalable and replicable model for other states. The partnership also underscores Eraaya Lifespaces’ and Ebix’s commitment to delivering innovative, technology-led public transport solutions while advancing the national agenda of digital inclusion and transparency.

This development marks a pivotal chapter in Ebix Technologies' growth under Eraaya's leadership, setting the stage for further strategic contracts and strengthening its position in India’s evolving digital mobility landscape.

Eraaya Lifespaces has announced that its flagship Indian subsidiary, Ebix Technologies Limited (formerly EbixCash Limited), has secured a Rs 1.4 billion contract with the Maharashtra State Road Transport Corporation (MSRTC) for the state-wide rollout of the National Common Mobility Card (NCMC) for concessionaires. This landmark initiative aligns with the Government of India’s ‘One Nation One Card’ vision, aiming to establish a seamless and unified digital payment system for public transport.Ebix Technologies had previously been awarded a contract on 30 November 2022 to supply and maintain 38,622 Android-based Electronic Ticketing Machines (ETMs), which have issued around 22 billion tickets over two years across MSRTC’s 16,000-strong bus fleet, serving over 1.3 billion passengers monthly.The newly signed contract expands this partnership by introducing interoperable smartcard payments, enabling passengers to travel using a single card across various transport modes. Spearheaded by the National Payments Corporation of India (NPCI) in collaboration with the Ministry of Housing and Urban Affairs, the NCMC project represents a transformative step in India’s mobility infrastructure.Key features of the project include:Mandatory adoption of NCMC smartcards for all concessional MSRTC passengers, with optional availability for regular users.A guaranteed sale of 7 million cards in the first year, scaling to over 20 million cards via 3,000 retail outlets set up by Ebix Technologies.Multiple top-up options—physical outlets, web portals, and mobile apps—to maximise convenience.Aadhaar-based and Saral API authentication to verify over 50 passenger categories and ensure effective targeting of subsidies.Projected annual transaction volume of over Rs 20 billion, significantly enhancing MSRTC’s digital revenue ecosystem.Ebix stated that the rollout will revolutionise public commuting in Maharashtra, offering a scalable and replicable model for other states. The partnership also underscores Eraaya Lifespaces’ and Ebix’s commitment to delivering innovative, technology-led public transport solutions while advancing the national agenda of digital inclusion and transparency.This development marks a pivotal chapter in Ebix Technologies' growth under Eraaya's leadership, setting the stage for further strategic contracts and strengthening its position in India’s evolving digital mobility landscape.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Infrastructure Urban

13 Oct 2025

Blue Dart Unveils 10-Minute Digital Account Opening

Blue Dart Express has introduced its new Digital Account Opening (DAO) platform, enabling businesses across India to open shipping accounts and begin operations within just 10 minutes. The platform features a five-step digital onboarding process, allowing companies to register, complete KYC verification, sign agreements, and recharge prepaid cards quickly and securely. Through the DAO Journey, users can create a profile, select a suitable plan, complete Aadhaar-enabled digital signing, and immediately start shipping with a Digital Prepaid Card. All account activities are tracked in real time..