Wednesday, 24 May 2017

Insurance software firm Ebix buys 80% in ItzCash for Rs 800 crore

BENGALURU: US-based global insurance SaaS company Ebix has acquired 80% stake in ItzCash for Rs 800 crore, valuing the Mumbai-based fintech company at about $150 million and giving exits to early investors Matrix, Intel Capital and Lightspeed Venture Partners.

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via Insurance software firm Ebix buys 80% in ItzCash for Rs 800 crore

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