Ebix India- Appetite Beyond $200 Million Investment
The blistering pace with which this company made acquisition in the last 5 months,created a lot of stir in the market with competitors reweighing their strategies. Robin Raina, CEO, Ebix Inc, bought payments firm ItzCash in May for around $120 million, marking the beginning of its big bold India plan. Setting aside an additional $200 million for future acquisitions in India, this US based software and service company is in no mood to slow down to cash on India’s digital movement. Aiming to build an ‘Airport’ like model and be India’s single enterprise exchange for insurance, remittances, healthcare, travel and host of other services, Raina speaks with BWBusinessworld about his ‘India Blueprint’.
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