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US-based software and services company Ebix has acquired online travel portal Via for $75 million as it eyes growing its distribution network in India to cross-sell financial products under its EbixCash brand.
The acquisition will be made through a Singapore subsidiary of Ebix and is expected to be closed in the coming days. The company expects to begin earning revenues from its Via acquisition immediately, it said in a release on Tuesday.
“I believe that the addition of Via’s integrated platform into our rapidly growing EbixCash financial exchange, places us in a very strong position to implement our vision related to Financial
