Small-cap stock, April 8 -- Eraaya Lifespaces share price surged almost 5% on Tuesday, after the company revealed significant advancements and strategic growth via its subsidiary, Ebix SmartClass Educational Services Pvt Ltd. After the successful purchase of Ebix Inc and its global subsidiaries, Eraaya's leadership initiated an extensive strategic overhaul.

In an exchange filing, the company highlighted the primary strategic accomplishments of Ebix SmartClass, which include market growth, advancements in technology, innovative content, improved operational efficiency, and strategic alliances. Boasting a committed team of more than 150 professionals across sales, training, and support roles, Ebix SmartClass remains a leader in driving inn...