RuPay

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

, , , , , , , , , , , Comments Off on ItzCash comes to aid of foreign tourists with prepaid cards

ItzCash comes to aid of foreign tourists with prepaid cards

ItzCash comes to aid of foreign tourists with prepaid cards Digital payments company ItzCash has extended the use of its prepaid cards to foreign tourists travelling to India to manage their expenses during the cash crunch in the country. The company started dispersal of prepaid cards through two forex companies at the international airport in … Continued