The transport division of EbixCash has been chosen by KSRTC as the Technology Solution Provider for the supply, commissioning, and maintenance of Smart Electronic Ticketing Machines (ETMs) as part of a comprehensive ticketing solution.
This five-year contract, valued at approximately Rs 33.5 crore, covers all state-run buses. It involves implementing EbixCash's Automatic Fare Collection System (AFCS) on Android-based ticketing devices with digital payment options tailored to KSRTC's business rules. Over 10,000 devices will be deployed across 84 depots, serving a fleet of 8,000 buses, with plans to expand to up to 15,000 devices over the next five years.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content