Aurionpro Solutions Limited, a leading enterprise technology company, has announced a significant partnership with DFCC Bank PLC, a prominent Sri Lankan banking institution, to spearhead artificial intelligence (AI) initiatives in the banking sector. This collaboration marks a pivotal step in revolutionizing digital banking experiences through the implementation of cutting-edge AI technologies.

Strategic AI Collaboration

The partnership focuses on the development and implementation of Predictive AI and Generative AI (Gen AI) use cases. This strategic alliance aims to enhance DFCC Bank's digital capabilities and strengthen its competitive edge in the rapidly evolving financial services landscape.

Transforming Banking Operations

Aurionpro's expertise in advanced technologies will be leveraged to develop scalable and customized AI-driven solutions for DFCC Bank. The collaboration is set to reshape banking operations, elevate customer engagement, and enable data-driven decision-making processes.

Leadership Perspectives

Deekshith Marla, Co-founder of Arya.ai – an Aurionpro Company, expressed enthusiasm about the partnership, stating, "We are delighted to partner with DFCC Bank as they embark on an AI-led transformation. Our combined strengths will enable the delivery of intelligent and impactful solutions that align with the Bank's vision for the future of financial services."

Thimal Perera, CEO of DFCC Bank PLC, emphasized the customer-centric approach of this initiative, saying, "We see artificial intelligence as a means to bring us closer to our customers. As we integrate AI across our operations, the purpose is clear - to reduce friction, sharpen our service delivery, and create banking experiences that feel intuitive, relevant, and human in an increasingly digital world."

Long-term Commitment to Innovation

This partnership underscores Aurionpro's position as a trusted innovation partner in the global Banking, Financial Services, and Insurance (BFSI) sector. It demonstrates the company's commitment to expanding its AI-led innovation capabilities and leveraging its growing portfolio of enterprise AI solutions.

About the Companies

Aurionpro Solutions Ltd. is a global enterprise technology leader known for its intuitive-tech and deep-tech IPs. With a strong presence across various sectors including Banking, Payments, Mobility, and Insurance, Aurionpro continues to set new benchmarks in AI innovation and impact.

DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange, is a leading financial institution in Sri Lanka. Rated A (lka) by Fitch Ratings, the bank offers a comprehensive range of banking services and is committed to sustainable finance and renewable energy initiatives.

This strategic collaboration between Aurionpro Solutions and DFCC Bank represents a significant step towards the future of AI-driven banking, promising to deliver enhanced digital experiences and operational efficiencies in the financial sector.

Aurionpro Solutions has secured a landmark urban mobility project for the Mumbai Metro, marking a significant milestone in its Smart Transit and Urban Mobility business. The company has won a major contract from the Mumbai Metropolitan Region Development Authority (MMRDA) to implement advanced Smart Transit solutions for two key metro lines.

Project Details

The project, valued at nearly INR 250.00 crores, involves designing, supplying, implementing, and maintaining the Automatic Fare Collection (AFC) system for Mumbai Metro Lines 4 and 4A. This multi-year contract encompasses:

• Delivery and implementation of a complete solution
• Central clearing house software (CCHS)
• All ticketing and payment hardware
• Five years of maintenance and support

Strategic Significance

This deal represents one of the largest contracts signed by Aurionpro in the Urban Mobility space, adding significant momentum to the company's growing mobility portfolio within its Tech Innovation Group (TIG). Following recent wins with Delhi Metro and Chennai Metro, Mumbai becomes the third major metro city in India to entrust Aurionpro with the development of its AFC system.

Mumbai Metro Project Overview

The Mumbai Metro Rail Projects, developed under the aegis of MMRDA, are set to be one of the longest and most ambitious rapid transit systems in India. The network aims to provide a faster, more efficient, and sustainable mode of transportation, addressing congestion issues and improving connectivity across Mumbai City and the wider Mumbai Metropolitan Region.

Aurionpro's Capabilities

Sanjay Bali, President & Global Head of the Tech Innovation Group (TIG) at Aurionpro, highlighted the company's unique position in the market:

• Aurionpro is the only company offering complete, end-to-end solutions in this domain
• The company brings indigenously developed capabilities, including NCMC-enabled card readers and automated gates made in India
• Aurionpro's comprehensive AFC solutions cover ticketing and payment hardware, central back-office systems, mobility apps, reservation portals, and operational infrastructure

Market Outlook

With India making significant investments to improve urban connectivity and the rapid growth of metro rail networks, Aurionpro is positioning itself as a preferred partner for automated fare collection systems. The company's focus on providing complete software solutions and manufacturing capabilities under one roof strengthens its global position as a leading end-to-end provider of cutting-edge Urban Mobility solutions.

This contract win for the Mumbai Metro project not only showcases Aurionpro's technological prowess but also reinforces its commitment to contributing to India's urban transportation infrastructure development.