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We have put in more than a billion dollars, says Ebix Group CEO Robin Raina

'I have a 26 per cent stake in the parent company, Ebix Inc. The new agreement says I will get to keep this irrespective of whether I stay on, get fired, or leave,' says Robin Raina

Raghu Mohan  |  Mumbai 

The Nasdaq-listed Ebix Inc. straddles diverse businesses ranging from payments, insurance, travel, to e-commerce. Over the past two years, the Atlanta-based company has made acquisitions in excess of a billion dollars — ItzCash for Rs 800 crore, Centrum Direct’s forex business for Rs 1,200 crore, and Yatra for Rs 2,300 crore.

Add on Mumbai-based Mercury Travels (its luxury and events travel brand), and New Delhi-based Leisure Corp for undisclosed sums. Ebix Group’s chairman and chief executive officer Robin Raina — who wants to position the company as an Amazon in ...

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First Published: Wed, January 15 2020. 00:57 IST
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