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EBIX ACQUISITION
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...- Eraaya Lifespaces shares hit 5% upper circuit after suspension of Ebix Chairman & CEO post-acquisitionShares of Eraaya Lifesciences surged 5% to reach a new all-time high of ₹2,767.40 on the BSE on Tuesday following the company's announcemen...
- 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...
- Why is Yatra-Ebix spat making dealmakers nervous in India?Ebix said it disagrees with online travel agency Yatra's legal complaint against it.
- Ebix, MakeMyTrip in race for Cox & KingsFar & Wide Talks are on with Cox & Kings promoter Peter Kerkar and 21% stakeholder Yes Bank; valuation depends on lenders’ haircut.
- Ebix to buy Yatra online in all-stock deal for $239 millionYatra to be part of EbixCash travel portfolio alongside Via and Mercury.
- Ebix signs agreement to acquire YatraYatra will be a part of Ebix’s EbixCash travel portfolio alongside Via and Mercury.
- Ebix commences due diligence to acquire YatraUS-based software firm Ebix Inc Tuesday said it has commenced due diligence for signing an agreement to acquire Yatra Online Inc, the paren...
- Ebix offers to buy Yatra for $336 millionThe offer by US firm is at 84% premium to travel portal’s closing share price of $3.80 on March 8
- 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 may shell out $500 million more for fresh buys hereUS-based software company has made six acquisitions in India so far this year; plans to list local unit in 2019
- 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.
- Ebix to buy Centrum’s forex businessSale will provide Centrum with large resource base to grow its lending businesses of housing finance.
- 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...
- 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 ...
- 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
- ItzCash owner Ebix acquires YouFirst Money ExpressYouFirst operates in the international inward remittance space and in foreign exchange under relevant license from the Reserve Bank of Indi...
- Ebix set to acquire international remittance business of Wall Street FinanceIn the first leg, the company will acquire Wall Street Finance’s wholly owned subsidiary Goldman Securities (GSPL) for Rs 5.1 crore.
- 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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