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EBIX PAYMENT SERVICES
RBI imposes penalty on Ebix Payment Services, 2 others over non-complianceThe Reserve Bank of India has taken action against Ebix Payment Services, Dr Babasaheb Ambedkar Nagari Sahakari Bank, and Hardoi Jilla Sahk...- 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...
- US parent of EbixCash files for bankruptcy after $617-million loan defaultThe Chapter 11 filing comes after the software services company for insurance and healthcare sector, founded by Indian origin businessman R...
- EbixCash, Survival Technologies get Sebi nod to launch IPOAdditionally, the company may consider a further issue of specified securities through a private placement aggregating up to Rs 1200 crore....
- EbixCash files DRHP to raise Rs 6000 cr via IPOThe company is likely to do a rights share issue aggregating up to 1,200 crore ahead of the IPO.
- EbixCash appoints S Ravi as independent director ahead of an India IPOCurrently chairman and director of Tourism Finance Corporation of India, S Ravi also serves on the boards of Aditya Birla Health Insurance ...
- Why is Yatra-Ebix spat making dealmakers nervous in India?Ebix said it disagrees with online travel agency Yatra's legal complaint against it.
- NCLT approves Ebix’s revival plan for Trimax IT InfrastructureEbix Software India (ESIPL) will pay upfront Rs 75 crore to acquire the company. The company owed over Rs 1,918 crore to its lenders, inclu...
- After Yatra, Ebix sets sights on debt-hit IT firm TrimaxEbix is holding discussions with a consortium of lenders led by State Bank of India, the people said.
- Ebix was eyeing Yatra for 2 Years: CEOEbix’s offer to acquire Yatra for $336 million in a cash-and-stock deal is the latest acquisition bid by the US firm, which has been on a b...
- Ebix to buy Centrum’s forex businessSale will provide Centrum with large resource base to grow its lending businesses of housing finance.
- Ebix leads the race to buy Educomp with Rs 325-crore bankruptcy offerEbix trumped a bid by little-known family office Boundary Holdings, which manages wealth for London-based investor Rajat Khare, a former Ed...
- Ebix, London-based investor in race to acquire Educomp SolutionsEbix and the London-based investor will be called for discussions and further negotiations after the offers are reviewed, according to peop...
- EbixCash open to acquiring players in elearning and benefit administrationTraining of doctors to update them with the latest developments in the medical world is where Ebix senses an opportunity.
- Ebix Inc buys 50% in Vara United at about Rs 306 croreEbix said it expects the transaction to add to its earnings immediately, and has funded the deal using its cash reserves.
- EbixCash acquires online travel portal Via.com for $75 millionThis will also open up opportunities for the company to cross sell its financial products to its clients using the travel outlet for bookin...
- ItzCash parent Ebix acquires Paul Merchants for $41 million in an all cash dealThis deal paves the way for Ebix to capture the largest share of the foreign remittance business in India and is its third acquisition afte...
- US-based Ebix puts aside $100 mn for India playItzCash owner sets up aggressive growth path, to use money for investments and acquisitions here
- Insurance software firm Ebix buys 80% in ItzCash for Rs 800 croreEarly investors Matrix, Intel Capital and Lightspeed Venture Partners exit the fintech company
- ItzCash raises Rs 800 crore, gives exits to Matrix, Intel Capital, LightspeedThe Nasdaq-listed Ebix is a global supplier of on-demand software and e-commerce services to the insurance, financial, e-governance and hea...
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