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Ebix: Ebix s India Biz: Ownership Change After US Parent Ebix Inc Declares Bankruptcy | Mumbai News

EbixCash, the Indian unit of US-based parent Ebix Inc, may see an ownership change after the parent company declared bankruptcy. The Chapter 11 proceedings in the US do not affect Ebix's India operations. Learn more about the impact of the bankruptcy filing on Ebix's Indian business.

crore: India operations not impacted by parent Ebix bankruptcy filing: EbixCash

EbixCash clarified that about 200 affiliates of Ebix working outside the US are not included in the US-only Chapter 11 filing and will continue to operate normally.

Ebix s bankruptcy filing in US won t affect India operations, clarifies EbixCash

Ebix Inc, the parent entity for Indian payments and remittance company EbixCash, has filed for bankruptcy protection in a Texas court after defaulting on a $617-million loan.

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