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  • US court dismiss Yatra Online's claims for damages from Ebix for breach of merger contract Aug 31, 2021 11:04 AM IST

    US court dismiss Yatra Online's claims for damages from Ebix for breach of merger contract

    The Court of Chancery in its latest order said that Yatra's claims of damages from Ebix were not substantially justified.

  • Have adequate liquidity to weather condition, says Yatra CEO after failed Ebix merger Jun 09, 2020 08:09 PM IST

    Have adequate liquidity to weather condition, says Yatra CEO after failed Ebix merger

    “Our liquidity combined with our current fixed cost base of $1.2 million gives us enough of a cushion for the near term,” he told Moneycontrol, brushing aside concerns about the financial health of the firm post the failed deal with Ebix.

  • Ebix plans countersuit against Yatra as merger fight intensifies Jun 08, 2020 11:00 PM IST

    Ebix plans countersuit against Yatra as merger fight intensifies

    The Ebix response followed Yatra Online’s announcement on June 6 that it had terminated a pending merger agreement with Ebix and opted for litigation seeking ‘substantial damages’ over alleged breach of deal terms

  • Yatra calls off merger with Ebix, launches litigation Jun 06, 2020 02:45 PM IST

    Yatra calls off merger with Ebix, launches litigation

    Ebix had on July 17 last year announced that it has entered into a definitive agreement under which Ebix will acquire Yatra Online through a merger deal.

  • Ebix acquires Cox and Kings' business travel division, transfers agreements to Mercury Travel Sep 27, 2019 08:08 PM IST

    Ebix acquires Cox and Kings' business travel division, transfers agreements to Mercury Travel

    Some key core employees of Cox and Kings will also be transferred to the EbixCash payroll as part of the agreement.

  • We were eyeing Yatra for quite some time: Robin Raina Jul 17, 2019 09:24 PM IST

    We were eyeing Yatra for quite some time: Robin Raina

    "We also want to enter the visa market and provide visa services, like VSF does," he told Moneycontrol.

  • Ebix signs agreement to acquire Yatra Jul 17, 2019 05:59 PM IST

    Ebix signs agreement to acquire Yatra

    "We are excited by the cross-selling opportunities that this combination provides us," said Robin Raina, Ebix chief.

  • Ebix set to snap up Yatra for Rs 2,314 crore Jul 17, 2019 04:14 PM IST

    Ebix set to snap up Yatra for Rs 2,314 crore

    In March, Yatra had said that it was reviewing Ebix's proposal to acquire all outstanding shares of the company.

  • Meet Robin Raina: Ebix boss who dons many a hat Mar 13, 2019 12:14 PM IST

    Meet Robin Raina: Ebix boss who dons many a hat

    The Ebix chairman and CEO has caused a stir by announcing a proposal to acquire Nasdaq-listed Yatra.com for $336 million. The 51-year-old business tycoon is also a philanthropist, socialite and fitness enthusiast.

  • Ebix offers to acquire Yatra for $336 mn Mar 11, 2019 09:39 PM IST

    Ebix offers to acquire Yatra for $336 mn

    The company will pay for Yatra Online at its discretion either in cash or by issuing freely tradeable Ebix stock, the statement said.

  • Nasdaq-listed Ebix acquires remittance company Weizmann Forex Jan 04, 2019 06:11 PM IST

    Nasdaq-listed Ebix acquires remittance company Weizmann Forex

    Weizmann Forex is the second largest inward remittance provider besides being one of the four largest Foreign exchange & outward remittance providers in India.

  • Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources Nov 19, 2018 12:01 PM IST

    Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources

    India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances

  • Ebix to acquire Transcrop's money transfer biz for $7.4 mn Jan 05, 2018 02:37 PM IST

    Ebix to acquire Transcrop's money transfer biz for $7.4 mn

    This will be the Noida-headquartered company's fourth remittances-related acquisition in the last five months and will increase its share in the inward international remittance market to up to 80 per cent, it said in a statement.

  • BSE, Ebix sign pact to set up insurance distribution network Oct 26, 2017 02:46 PM IST

    BSE, Ebix sign pact to set up insurance distribution network

    Ebix is a leading international supplier of on-demand software and e-commerce services to the insurance, financial, e-governance and healthcare industries.

  • Video: Why Naveen Surya sold ItzCash for Rs 800 cr to Ebix Jul 13, 2017 05:47 PM IST

    Video: Why Naveen Surya sold ItzCash for Rs 800 cr to Ebix

    The deal was one of the largest transactions in financial technologies and payments space in India, this year.

  • Why this Jodhpur-born entrepreneur sold ItzCash for Rs 800 cr last month Jun 09, 2017 07:28 PM IST

    Why this Jodhpur-born entrepreneur sold ItzCash for Rs 800 cr last month

    The company began planning for a long term partner when early ItzCash investors such as Intel Capital, Lightspeed and Matrix Partners India began looking for an exit.

  • Ebix buys 80% stake in Mumbai-based ItzCash for Rs 800 crore May 24, 2017 07:11 PM IST

    Ebix buys 80% stake in Mumbai-based ItzCash for Rs 800 crore

    The deal is likely to give an exit to ItzCash's existing investors which include Lightspeed and Matrix Partners India

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