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Robin Raina-led Ebix Inc files for bankruptcy after defaulting on $617 million loan: Report

Last month, the Atlanta-headquartered firm reported its operating income for Q3 2023 of $20.5 million, down by 32.4 per cent year-over-year from $30.4 million in Q3 2022, "primarily due to certain IPO marketing costs, and restructuring-related costs" ....

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