Ebix CEO Robin Raina Forecasts V-shaped Recovery With a 11% to 12% Growth Rate for India in 2021
Ebix, Inc. (NASDAQ: EBIX) announces that its CEO, Robin Raina, discussed India's economic recovery on Republic TV, a leading English news channel. The interview highlighted India's aspirations to become a $5 trillion economy and analyzed the impact of the recent budget. Republic TV boasts a significant viewership, reaching 77% of the English news audience during the interview. Ebix continues to expand its 'Phygital' strategy, combining physical and online services across various sectors, including financial and e-commerce markets in India and Southeast Asia.
- EbixCash operates in 32 international airports, conducting over $4.8 billion in annual foreign exchange transactions.
- The company leads a $6.5 billion annual inward remittance business in India.
- EbixCash's travel division processes approximately $2.5 billion in gross merchandise value per year.
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- Predicts a 2-leg race between India and China in the years to come
JOHNS CREEK, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Chairman and CEO, Robin Raina was interviewed on India’s highest watched prime time news show a few days back. In a wide ranging interview, Robin provided his views on a wide variety of topics ranging from the economic recovery and the impact of the recent budget on India’s goals of becoming a
The interview conducted by Republic TV Editor-in-Chief Arnab Goswami and Economics Editor Bhaskar Das was telecast on prime time @8.30 pm and can be seen on https://www.ebix.com/07-02-21-nation-wants-to-grow.html
Republic TV is today rated as India’s most watched English news channel in India, with the interview and debate program conducted by Arnab Goswami having a viewership estimated at almost
About Ebix
With a "Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over
With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world. For more information, visit the Company’s website at www.ebix.com
Contact:
Darren Joseph
IR@ebix.com or +1 678 281 2027
David Collins or Chris Eddy
Catalyst Global + 1 212-924-9800 or ebix@catalyst-ir.com
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