EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
Delhi BJP expels Vikas Garg from party after arrest in money laundering case linked to Mahadev appThe Enforcement Directorate arrested Garg, the chairman of Ebix Group, on Tuesday in the multi-crore money laundering case linked to the Ma...
Mahadev betting funds used for Ebix buy: Enforcement DirectorateThe Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg's firm Eraaya Lifespaces acquired US sof...
Mahadev app case: Chhattisgarh court sends Ebix chairman Vikas Garg to 10-day ED custodyVikas Garg, Ebix Group chairman, was remanded to ED custody for ten days. This action stems from a multi-crore money laundering case linked...
ED arrests Ebix chairman in Mahadev betting app caseVikas Garg, Ebix group chairman, was arrested by the Enforcement Directorate in Delhi. He was taken to Raipur after the agency obtained a t...
Mahadev betting app PMLA case: Court grants 24 hours transit remand of Vikas Garg to EDTis Hazari Court granted a 24-hour transit remand for EBIX chairman Vikas Garg. The Enforcement Directorate arrested Garg in connection wit...
India operations not impacted by parent Ebix bankruptcy filing: EbixCashEbixCash clarified that about 200 affiliates of Ebix working outside the US are not included in the US-only Chapter 11 filing and will cont...
Ebix's bankruptcy filing in US won't affect India operations, clarifies EbixCashEbix Inc, the parent entity for Indian payments and remittance company EbixCash, has filed for bankruptcy protection in a Texas court after...
BSE Ebix Insurance Broking beta launches term insurance products on its platformWith this launch, BSE Ebix now has the ability to handle insurance sales across both term and endowment policy in the life insurance segmen...
EbixCash acquires AssureEdge amid growing demand for insuranceThe company will be rebranded as EbixCash Global BPO services.
BSE Ebix beta launches life insurance on its platformThe launch of life insurance products by BSE Ebix is a major development from the company's perspective, since life insurance is traditiona...
BSE EBIX Insurance Broking announces beta launch of health insurance products on its platformBSE wants to leverage its world-class technology and expertise in transaction processing and risk management in insurance distribution. It ...
Ebix signs agreement to acquire YatraYatra will be a part of Ebix’s EbixCash travel portfolio alongside Via and Mercury.
Ebix buys Mercury Travels, Leisure CorpThe new entity will be named Mercury-An EbixCash Luxury initiative and will focus on the luxury, events and sports related traveller.
Ebix acquires Indus Software for $29 millionEbix has driven this acquisition with the borader plan to enter peer to peer lending through web, e-wallets and mobile phones.
BSE-Ebix to deploy an insurance distribution exchange platformIndia’s Premier Stock Exchange BSE and World’s largest Insurance Exchange Ebix, Inc. to set up a pioneering insurance distribution network ...