Ashok Goel

US Based Ebix Invests $123 Mn In ItzCash, Acquires 80% Stake; Matrix, Lightspeed, Intel Exit

US Based Ebix Invests $123 Mn In ItzCash, Acquires 80% Stake; Matrix, Lightspeed, Intel Exit US-headquartered Ebix Inc., has invested $123 Mn (INR 800 Cr) in Mumbai-based payments solution firm ItzCash against 80% stake in the company. The funding has been done at a valuation of $150 Mn and Ebix will now be the majority shareholder in the company. … Continued

ItzCash and Kings XI Punjab Drive Epilepsy Awareness

ItzCash and Kings XI Punjab Drive Epilepsy Awareness The current IPL squad of Kings XI Punjab has joined hands with ItzCash, India’s leading digital payments fintech to drive awareness around epilepsy. Team players Glenn Maxwell, D. Sammy, Axar Patel, Martin Guptill, Ishant Sharma and Mannan Vohra along with the officials came together on Wednesday 10th May 2017, to support the social cause thereby eliminating … Continued

ItzCash’s Attempt To Make India Financially PHYgital

In the mid-2000s, Internet penetration had just begun in the lower sections of society and mobile adoption was increasing. But, when it came to payments or any kind of financial transactions, there was cash and only cash. “In 2005-2006, 97% was cash and only 3% was digital,” begins Naveen Surya, the co-founder of payments platform ItzCash. “This … Continued