NOIDA and JOHNS CREEK, April 28, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a technology provider of B2C, B2B and FinTech digital products and services through an integrated business model, today announced that its Chairman Robin Raina was recently praised by The Economic Times among the “Most Promising Business Leaders of the Asia Award 2021-22”.
The sixth edition of the Economic Times Most Promising Business Leaders of Asia 2021-22 featured business leaders, visionaries and stakeholders who have demonstrated incredible resilience inspiring their organizations and beyond. In these difficult times, their leadership has transcended corporate successes and supported the communities in which they operate, which has had an economic, social and cultural impact. This event aimed to recognize prominent business leaders and trailblazers, who have left their mark by unlocking the business potential and savings to outsmart the pandemic. The platform brought together Asian leaders on a common platform, to share their ideas and vision for a unified Asia to grow together towards broader global impact.
In making the announcement, the Economic Times said, “The Economic Times is proud to pay tribute to Asian business leaders who have been instrumental in making Asia the commercial epicenter of the world. Mr. Robin Raina is one of the best examples of excellent leadership and inspiration today.
EbixCash Chairman Robin Raina said, “It is an exciting time to be a commercial player in the Indian financial sector. We see an opportunity to pioneer and introduce end-to-end financial exchanges in the country. The EbixCash trip to India was all about this effort.
EbixCash is a subsidiary of Ebix, Inc. (NASDAQ: EBIX), with a leadership position in the key businesses in which it operates, with a “phygital” strategy that combines more than 650,000 physical agent distribution points with across India and Southeast Asia as of December 31. , 2021; with an omnichannel online digital platform that offers its products and services encompassing domestic and international money transfers, foreign exchange (Forex), prepaid gift cards, utility payments, travel services and technologies in insurance, bus information systems, lending and wealth management in more than 75 countries.
About the Economic Times Ranking of Asia’s Most Promising Business Leaders 2022
The Economic Times – Asia’s Most Promising Business Leaders 2022, is a special initiative of ET Edge, part of the Times of India Group. The initiative recognizes business leaders who have made a difference in these trying times by showing incredible resilience and inspiring their organizations. With the promise of a new brand of leaders emerging from the emerging nations of Asia, the future of the continent looks very exciting. The Economic Times is proud to salute the business leaders of Asia, who will play an important role in shaping the business demographics not only in Asia, but also in the world in the very near future.
With a “Phygital” strategy that combines over 650,000 physical agent distribution outlets across India and Southeast Asia as of December 31, 2021, to an omnichannel online digital platform, the software portfolio and The company’s financial exchange services encompass domestic and international money transfers. , foreign exchange (Forex), prepaid gift cards, utility payments, travel services and technologies for insurance, bus information systems, loans and wealth management in over 75 countries including India. EbixCash has Forex operations in around 16 international airports including Delhi, Mumbai, Mumbai, Hyderabad, Chennai and Kolkata. EbixCash is a leader in international money transfers based on gross transaction value. EbixCash, through its travel portfolio (Via.com and EbixCash.com), is a leading India-based travel exchange serving the Southeast Asian markets, with over 517,000 agents and approximately 17,900 registered client companies. EbixCash’s fintech business provides software solutions to various clients in the areas of wealth, asset and credit management, insurance and bus information systems. EbixCash’s business process outsourcing services provide information technology and call center services to a variety of industries. For more information, visit the Company’s website at www.ebixcash.com
EbixCash Limited proposes, subject to obtaining required approvals, market conditions and other considerations, to make an initial public offering of its shares and has filed a draft diversion prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the SEBI website at www.sebi.gov.in as well as on the websites of the lead managers, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, Equirus Capital Private Limited at www. equirus.com, ICICI Securities Limited at www.icicisecurities.com, SBI Capital Markets Limited at www.sbicaps.com and YES Securities (India) Limited at www.yesinvest.in, respectively, and the websites of the stock exchange(s) at www.bseindia.com and www.nseindia.com, respectively. Investors should note that investing in Shares involves a high degree of risk and for details relating to this risk, see “Risk Factors” of the RHP, where available. Potential investors should not rely on the DRHP for any investment decision.
About Ebix, Inc.
With approximately 200 offices on 6 continents, Ebix, Inc., (NASDAQ: EBIX) strives to provide on-demand software and e-commerce services to the insurance, financial services, travel, health and e-learning. Within the insurance industry, Ebix’s primary focus is to develop and deploy a wide variety of on-demand insurance and reinsurance exchanges, while providing Software-as-a-service enterprise solutions. -Service (“SaaS”) in the field of CRM, front-end and back-end systems, outsourced administration and risk compliance services, worldwide.
Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and advice to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
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David Collins, Chris Eddy
Catalyst Global – 212-924-9800 or [email protected]