Payments and software program company Ebix Inc. is searching for to raise cash to shell out back again some $600 million in personal debt thanks early upcoming yr, but time is operating small as it awaits regulatory approval for a general public offering in India while dealing with allegations of poor accounting from quick sellers.
Nasdaq-outlined Ebix, dependent in Johns Creek, Ga., currently does the majority of its organization in India. The moment an enterprise program business for the insurance business, it rapidly reworked into an worldwide payments and program company by means of a collection of financial debt-funded acquisitions in India under longtime Main Govt Robin Raina.
Payments and software program company Ebix Inc. is searching for to raise cash to shell out back again some $600 million in personal debt thanks early upcoming yr, but time is operating small as it awaits regulatory approval for a general public offering in India while dealing with allegations of poor accounting from quick sellers.
Nasdaq-outlined Ebix, dependent in Johns Creek, Ga., currently does the majority of its organization in India. The moment an enterprise program business for the insurance business, it rapidly reworked into an worldwide payments and program company by means of a collection of financial debt-funded acquisitions in India under longtime Main Govt Robin Raina.
