Ebix

Ebix was co-founded as Delphi Information Systems, Inc. by Ken Bitticks in 1976 in Atlanta, Georgia, United States.[6] In 1983, it was reincorporated in Delaware.[9]

In October 1997, Robin Raina was appointed as the firm's new vice president for professional services.[10] He took over as president[11] and then as chief executive officer[12] in 1999. In May 1999, the firm announced the introduction of its first e-commerce portal, ebix.com.[13] Robin became the director in February 2000[14] and was later appointed as the chairman in 2002.[15] In 2003, he changed the company's name from ebix.com, Inc. to Ebix, Inc.[2] In 2013, Bloomberg reported that the U.S. federal government launched a probe against Raina after the disclosure of his proposed 820 million US dollars deal with Goldman Sachs to take the firm private.[16] In early 2015, it moved its headquarters to Johns Creek, Georgia.[17]

In May 2017, the firm acquired 80% stake in Indian digital payments firm ItzCash for 124 million dollars from Essel Group[18] and later rebranded it as EbixCash. In August 2017, the firm purchased BSE-listed Wall Street Finance Ltd’s subsidiary Goldman Securities Ltd, along with its money transfer service scheme business, for $7.4 millions.[19] In September 2017, Ebix agreed to acquired BSE-listed Paul Merchants Ltd’s international remittance business for $40.7 million.[20] In November 2017, Ebix acquired Indian travel company Via.com for almost $75 million.[21][22]