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.
21 Nov, 2017, 12.54 PM IST
US-based Ebix puts aside $100 mn for India playItzCash owner sets up aggressive growth path, to use money for investments and acquisitions here
31 Aug, 2017, 07.55 PM IST
If a business doesn’t make money, don’t do it: Naveen SuryaNaveen Surya started ItzCash in 2005. Last month, the company sold 80% of its stake to Nasdaq-listed insurance software solutions firm Ebix...
18 Jun, 2017, 10.45 AM IST
ItzCash turns a page with profits, revenue jumps 40% to Rs 250 croreMumbai-based payments company is seeing 6.5 lakh transactions a day, according to its MD Surya
01 May, 2017, 08.28 AM IST
Payment companies hail Economic Survey suggestion to make digital transactions profitablePayment companies are optimistic about the recommendation finding a place in the Budget that will be presented on Wednesday.
31 Jan, 2017, 05.56 PM IST
Lower MDR will kill the digital payments industry: BanksWhile banks are likely to bear the maximum brunt of lowered rates, the impact will also ripple over to the rest of the ecosystem.
27 Jan, 2017, 05.32 PM IST
Musafir finds new hands to join its journey to profitsMusafir that offers booking services in flights, hotels, holidays and visas sees 75% of its revenues coming from flights and 25% from hotel...
10 Jan, 2017, 02.52 PM IST
ItzCash looking at Rs 15,000 crore payments volume in 2016-17It has crossed Rs 50,000 crore worth of cumulative gross payment volume for all bill payments till date. The Essel Group firm was formed in...
04 Jul, 2016, 03.16 PM IST
ItzCash targets bill payments worth Rs 15,000 crore in FY17Digital payments solution provider ItzCash today said it aims to facilitate bill payments worth Rs 15,000 crore in the current fiscal.
19 Apr, 2016, 07.23 PM IST
Industry lauds government and RBI move towards cashless economyThe government has also suggested mandating payments beyond a prescribed threshold only in card/ digital mode.
09 Mar, 2016, 08.43 PM IST
Payment cos like Mobiwik, ItzCash among applicants for Bharat Bill Payment SystemMobikwik and ItzCash are among the digital payment cos that lost out in the race for payment banks but are gung-ho about the utility bill p...
26 Nov, 2015, 06.31 AM IST
Banks and telecom companies in talks on tie-ups for payment banksBanks and telecom companies are among those looking to be joint stakeholders in institutions that RBI envisages as playing a critical role ...
02 Jan, 2015, 04.29 AM IST
Itz Cash scouting to raise Rs 120 cr to expand businessThe company expects Rs 7,000 crore worth of transactions on its platform in fiscal 2015, of which 60-70% will be through digital payments b...
17 Jun, 2014, 03.15 AM IST
Firms such as QwikCilver and Itz Cash Card look to tap growing Rs 9,000-crore gift cards businessThese companies offer gift cards in a variety of formats — from digital cards with codes that can be presented at a merchant store to those...
18 Mar, 2014, 11.36 AM IST
- Essel Group's ItzCash eyes Rs 4,000-cr revenue in FY 12
ItzCash is eyeing Rs 4,000-crore revenue and plans to ramp up its retail network under the brand name 'ItzCash World' to 1 lakh outlets in ...
22 May, 2011, 05.40 PM IST
- Karnataka IT minister unveils ePCO
Karnataka's first "ePCO", offering multiple online services such as e-ticketing, was on Monday inaugurated by Information Technology Minist...
18 Aug, 2008, 11.14 PM IST
- Yatra ties up with retail chains
Online travel company Yatra has plans to develop an offline travel business targeted at holiday goers. The company plans to set up 50 stand...
16 Nov, 2007, 12.27 AM IST