EbixCash

EbixCash to file draft papers for a $1 bn IPO

MUMBAI : EbixCash, the Indian subsidiary of Nasdaq-listed Ebix Inc., will soon file draft papers for its initial public offering (IPO) to raise as much as ₹7,500 crore, two people aware of the development said. EbixCash is involved in various financial services businesses that span business-to-customer (B2C) distribution, business-to-business (B2B), back-end systems, digital payments solutions, …

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