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Ebix

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

TMT

09 June, 2020

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

The merger dispute between Yatra Online, Inc. and US-headquartered software firm Ebix Inc. may escalate after the latter threatened to ......

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

TMT

06 June, 2020

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

Nasdaq-listed Yatra Online, Inc. has filed a lawsuit against Ebix Inc. in a US court over breaches of merger agreement ......

Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

General

05 August, 2019

Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

Billionaire Yuri Milner’s DST Global, Ribbit Capital, Falcon Edge, Green Oaks, China’s Hillhouse Capital, and others have held talks with ......

Travel portal Yatra to consider Ebix's buyout offer

TMT

15 March, 2019

Travel portal Yatra to consider Ebix's buyout offer

Nasdaq-listed Yatra Online Inc. said it will consider Ebix Inc.'s proposal to acquire the online travel company. In a stock-exchange filing ......

Ebix continues acquisition spree, snaps up lending software firm Indus

TMT

20 July, 2018

Ebix continues acquisition spree, snaps up lending software firm Indus

NASDAQ-listed software firm Ebix Inc on Friday announced the acquisition of Pune-headquartered lending software solutions company Indus Software Technologies Pvt. ......

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

General

19 March, 2018

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

Global venture capital firm Sequoia Capital may target raising $650-700 million for its sixth India fund, down up to 30% from ......

Tatas eye Hector Beverages; True North-backed ACT plans IPO

General

12 February, 2018

Tatas eye Hector Beverages; True North-backed ACT plans IPO

Tata group is looking to acquire Hector Beverages Pvt. Ltd, which sells its products under the Paper Boat brand, a ......

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

TMT

18 November, 2017

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

Global internet giants Amazon, Facebook and Uber took strategic steps this week to expand their India presence.Amazon pumped in more ......

Ebix to pick up 50% stake in Kanoria's BPO biz Vara Technologies

TMT

17 November, 2017

Ebix to pick up 50% stake in Kanoria's BPO biz Vara Technologies

In back-to-back deals, US-based software and ecommerce service firm Ebix, Inc has formed a joint venture with Vara Technologies and ......

VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires

TMT

04 November, 2017

VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires

People movement was the highlight of the week gone by, with Paytm Payments Bank and self-drive car rental startup Zoomcar ......