ebix
9 ARTICLES
What’s Eraaya Lifespaces got to hide?
The resignation letter penned by one of the two independent directors who stepped down recently details serious issues—from fraud to the promoter’s litany of cases—further complicating life for Ebix’s new owner.
24 Feb 2025
SEBI to determine if the Eraaya-Ebix deal involved cheating and stock manipulation
A shareholder complaint has opened a can of worms for the old and new owners of Robin Raina’s beleaguered US-based company.
22 Jan 2025
Five famous people in our stories this year
From Byju’s Divya Gokulanth to Ebix’s Robin Raina, five personalities that we wrote about in 2024.
29 Dec 2024
Robin Raina’s Eraaya-Ebix deal is a train wreck
Skeletons are now tumbling out of the closet, suggesting that the acquisition of the beleaguered US-based company may not exactly be above board.
14 Oct 2024
Ebix gets a lifeline, its investors a sinking feeling
An inexperienced consortium may have ridden to the rescue, but by allowing Robin Raina to continue heading the beleaguered US-based company, it has done it no favours.
08 Aug 2024
Ebix Inc. contagion? Directors resign, IPO iffy at EbixCash
The parent entity’s filing for bankruptcy in the US was not supposed to affect the Indian business. Yet it has.
23 Jan 2024
As default deadline nears, Ebix Inc. stares at an uncertain future
The Robin Raina-helmed company, having failed to repay lenders despite getting multiple extensions, now faces the prospect of bankruptcy.
18 Dec 2023
Millions of dollars hidden in plain sight in Robin Raina’s Ebix maze
While Indian-origin businessman Robin Raina’s EbixCash is desperate to tap the public markets to raise money, prospective investors need to exercise knowledge and caution of this maze of an enterprise.
16 Nov 2023
Yatra’s Ebix mistake
Left high and dry bang in the middle of a pandemic, Yatra has taken Ebix to court. The allegations are ugly.
24 Jul 2020