logo
Eraaya Lifespaces subsidiary expands business associate centre network across India, targets 100 centres by FY26

Eraaya Lifespaces subsidiary expands business associate centre network across India, targets 100 centres by FY26

Business Upturn17 hours ago

Eraaya Lifespaces Limited announced the continued expansion of its subsidiary, Ebix Travels Private Limited (Via.com), through its Business Associate Centre (BAC) initiative. Introduced in 2024, the BAC model is reshaping B2B travel services in India by establishing localized travel centres that connect regional agents with global travel inventory and technology support.
Via.com has successfully launched over 20 BACs across various states including Delhi, Punjab, Uttar Pradesh, Jammu & Kashmir, Karnataka, Tamil Nadu, Madhya Pradesh, and West Bengal. With plans to scale the network to 100 centres by the end of FY 2025–26, the company is targeting wider geographic reach and deeper market access. Two new centres are expected to open in Himachal Pradesh in June 2025.
Each BAC functions as a support hub, offering integrated tools, technology, and operational assistance to local agents. The initiative focuses on improving access to travel products, enhancing customer service delivery, and expanding the reach of travel services to underserved regions. By enabling agents to operate at par with larger travel companies, the BAC model promotes broader participation in the sector.
The initiative reflects Via.com's intent to establish a more inclusive and tech-enabled travel ecosystem while reinforcing Eraaya Lifespaces' strategy of fostering scalable and regionally diverse business growth.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Kaynes Technologies launches Rs 1,600 crore QIP at upto 4.8% discount: Report
Kaynes Technologies launches Rs 1,600 crore QIP at upto 4.8% discount: Report

Business Upturn

time6 hours ago

  • Business Upturn

Kaynes Technologies launches Rs 1,600 crore QIP at upto 4.8% discount: Report

Kaynes Technology, one of the leading electronics manufacturing services companies, has announced plans to raise up to ₹1,600 crore through a Qualified Institutional Placement (QIP), according to a report by CNBC-TV18 . The QIP issue will be offered in the price band of ₹5,344 to ₹5,612 per share, implying a discount of up to 4.8% from the current market price. The final floor price will be determined in accordance with SEBI guidelines. This capital raise aligns with Kaynes Technology's strategic growth plans, which include capacity expansion, R&D investment, and working capital needs to support its domestic and international contracts. In the meantime, Kaynes Technology shares closed at ₹5,600.00 today, marking a decline from the opening price of ₹5,737.00. The stock touched an intraday high of ₹5,756.00 and a low of ₹5,580.00. Over the past 52 weeks, the stock has seen a high of ₹7,822.00 and a low of ₹3,726.00. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Why Bank of America (BAC) is a Top Stock for the Long-Term
Why Bank of America (BAC) is a Top Stock for the Long-Term

Yahoo

time8 hours ago

  • Yahoo

Why Bank of America (BAC) is a Top Stock for the Long-Term

Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start. Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success. Headquartered in Charlotte, NC, Bank of America Corporation (incorporated in 1874) is one of the largest financial holding companies in the United States. With total assets worth $3.35 trillion as of March 31, 2025, it provides a diverse range of banking and non-banking financial services and products through 3,681 financial centers and 14,866 automated telling machines (ATMs) across the country. Since being added to the Zacks Focus List on January 9, 2017 at $22.68 per share, shares of BAC have increased 98.68% to $45.06. For fiscal 2025, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $3.68. BAC boasts an average earnings surprise of 6.6%. Earnings for Bank of America's are forecasted to see growth of 12.2% for the current fiscal year as well. Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like BAC offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Why DreamFolks shares fell 11% sharply today? Details here
Why DreamFolks shares fell 11% sharply today? Details here

Business Upturn

time13 hours ago

  • Business Upturn

Why DreamFolks shares fell 11% sharply today? Details here

DreamFolks Services Ltd shares plunged 11% following reports that leading Indian banks and card networks may sever ties with the airport service aggregator. As per Rediff Money reports, ICICI Bank, Axis Bank, and Mastercard are considering direct partnerships with airport lounge operators, potentially bypassing DreamFolks entirely. This shift could significantly impact DreamFolks' business model, which relies on aggregating travel and lifestyle services, including lounge access, for banks and financial institutions. The move comes months after a service disruption on September 22, 2023, temporarily halted lounge access for thousands of bank customers. Although the issue was resolved within a day, it reportedly prompted banks and card networks to evaluate more reliable alternatives. As per reports, more institutions may follow the lead of ICICI and Axis in cutting out intermediaries to ensure smoother customer experiences and better cost efficiencies. DreamFolks shares witnessed a volatile trading session, opening at ₹261.75 and, at the time of writing, reached a high of ₹267.00 before slipping to a low of ₹232.10. The stock closed significantly lower, reflecting notable market pressure. Over the past 52 weeks, DreamFolks has seen a high of ₹522.15 and a low of ₹209.08. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store