EBIX Ebix Inc.

Ebix CEO Robin Raina Forecasts V-shaped Recovery With a 11% to 12% Growth Rate for India in 2021

Ebix CEO Robin Raina Forecasts V-shaped Recovery With a 11% to 12% Growth Rate for India in 2021

  • Predicts a 2-leg race between India and China in the years to come

JOHNS CREEK, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Chairman and CEO, Robin Raina was interviewed on India’s highest watched prime time news show a few days back. In a wide ranging interview, Robin provided his views on a wide variety of topics ranging from the economic recovery and the impact of the recent budget on India’s goals of becoming a $5 trillion economy.

The interview conducted by Republic TV Editor-in-Chief Arnab Goswami and Economics Editor Bhaskar Das was telecast on prime time @8.30 pm and can be seen on 

Republic TV is today rated as India’s most watched English news channel in India, with the interview and debate program conducted by Arnab Goswami having a viewership estimated at almost 77% of the total English News viewership in India at that time slot.

About Ebix

With a "Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash’s inward remittance business in India conducts approx. $6.5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year. EbixCash’s Financial Technology solutions are today deployed across prestigious financial institutions and Banks in 44 countries. For more information, visit the Company’s website at

With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world. For more information, visit the Company’s website at

Contact:

Darren Joseph

or

David Collins or Chris Eddy

Catalyst Global 0 or



EN
10/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ebix Inc.

 PRESS RELEASE

Ebix Reports Conclusion of SEC Investigation and Dismissal of All Pend...

Ebix Reports Conclusion of SEC Investigation and Dismissal of All Pending Securities Claims Against Ebix and its Officers in United States District Court for the Southern District of New York (SDNY) JOHNS CREEK, Ga., April 01, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that the Securities and Exchange Commission (SEC) has concluded its investigation of Ebix and officially communicated that it does not intend to recommend a...

 PRESS RELEASE

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue ...

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and Income Growth in Q4 2023 and Full Year of 2023 Retains Dominant Leadership Role in Foreign Exchange, Inward and Education Money Remittance SectorsAddition of five international airports with presence now across 25 international airports.Launches UPI Handle to Facilitate Seamless Digital Transactions countrywide NOIDA, India, Jan. 08, 2024 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, fin...

 PRESS RELEASE

Ebix Annuity Exchange Closes 2023 with Record Annual Volumes of $118 B...

Ebix Annuity Exchange Closes 2023 with Record Annual Volumes of $118 Billion Record Numbers Reported Both in December 2023 and Q4 of 2023 JOHNS CREEK, Ga., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that its Annuity Exchange AN4 has reported record volumes in the last quarter of 2023, besides reporting a record performance for the full year of 2023. Ebix’s AN4 Annuity exchange is an integral key part of Ebix’s...

 PRESS RELEASE

Ebix Announces Q3 2023 Results

Ebix Announces Q3 2023 Results JOHNS CREEK, Ga., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended September 30, 2023: Q3 2023 GAAP Revenues of $119.2 million, with 1.1% Year-over-Year decline vs. Q3 2022 Non-GAAP Revenues of $120.5 million (with all revenues normalized on a net basis). On a GAAP basis, Q3 2022 revenues were $257.9 million (with pre-paid car...

 PRESS RELEASE

Ebix Signs Agreement with Lenders Regarding Credit Facility

Ebix Signs Agreement with Lenders Regarding Credit Facility JOHNS CREEK, Ga., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain conditions, while the Company pursues strategic alternatives. The Agreement mandates that by October 31, 2023 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch