Aurionpro Solutions has secured a multi-year contract valued at INR 150 crore to implement Automated Fare Collection systems for the Bhopal and Indore Metro Rail projects, reinforcing its position in India's smart mobility sector.
Target Information
Aurionpro Solutions Limited (BSE: 532668; NSE: AURIONPRO) is a prominent global enterprise technology firm based in India, specializing in providing innovative solutions across various sectors including Banking, Payments, Mobility, Transit, and Government. The company is particularly known for its AI-driven platforms and comprehensive smart mobility solutions, which enhance operational efficiencies and customer experiences.
Recently, Aurionpro secured a significant order for the implementation of Automated Fare Collection (AFC) systems for the Bhopal and Indore Metro Rail projects through a collaboration with Delhi Metro Rail Corporation Limited (DMRC). This multi-year contract, valued at approximately INR 150 crore, emphasizes Aurionpro's strong presence in the smart mobility sector and aims to streamline fare collection to improve commuter convenience and operational interoperability across metro networks in Madhya Pradesh.
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Industry Overview
The smart mobility sector in India is witnessing rapid growth, driven by increased investments in public transportation infrastructure and a focus on enhancing urban commuting experie
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Disclosed details
Transaction Size: $18M
Enterprise Value: $18M
Equity Value: $18M