About EbixCash
EbixCash is a company based in Noida (India) founded in 1989 by Naveen Surya was acquired by Ebix in May 2017.. EbixCash has raised $35.29 million across 3 funding rounds from investors including Lightspeed Venture Partners, Ebix and Intel Capital. EbixCash has completed 6 acquisitions, including AhaTaxis, AssureEdge and Essel Forex. EbixCash operates in a competitive market with competitors including PhonePe, MobiKwik, Paytm, FreeCharge and Remitly, among others.
- Headquarter Noida, India
- Founders Naveen Surya
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.29 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series C
Sep 02, 2014
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Investors
Lightspeed Venture Partners
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
AhaTaxis
& 5 more
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Acquired by
Ebix
(May 24, 2017)
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Funding Insights of EbixCash
EbixCash has successfully raised a total of $35.29M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in September 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $15.0M
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First Round
First Round
(12 Oct 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series C - EbixCash | Valuation |
investors |
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| Jul, 2009 | Amount | Series B - EbixCash | Valuation | Lightspeed Venture Partners | |
| Oct, 2007 | Amount | Series A - EbixCash | Valuation | Z47 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EbixCash
EbixCash has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Ebix and Intel Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EbixCash
EbixCash has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AhaTaxis, AssureEdge and Essel Forex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online marketplace providing freight transportation services
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2018 | ||||
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Online taxi aggregator for one way outstation travel
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2015 | ||||
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WiFi-based guest engagement is delivered for hospitality sectors.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - EbixCash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ebixcash Comparisons
Competitors of EbixCash
EbixCash operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhonePe, MobiKwik, Paytm, FreeCharge and Remitly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment, financial, investment, and lending services are provided digitally.
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| domain | founded_year | HQ Location |
Operator of platform for online mobile, DTH recharge, and bill payments
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| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Digital wallet services for bill payments and recharges are facilitated.
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated via banking networks.
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ebixcash
Frequently Asked Questions about EbixCash
When was EbixCash founded?
EbixCash was founded in 1989 and raised its 1st funding round 18 years after it was founded.
Where is EbixCash located?
EbixCash is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of EbixCash?
Robin Raina is the current CEO of EbixCash.
Is EbixCash a funded company?
EbixCash is a funded company, having raised a total of $35.29M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Oct 12, 2007.
What does EbixCash do?
EbixCash was founded in 1989 and is headquartered in Noida, India, operating in the fintech sector. An app-based platform is utilized for payment processing, money transfers, and bill payments serving individuals and businesses. Wallet services are provided for bank transfers, foreign currency exchange, online recharges, travel bookings, ticket purchases, and card payments. POS devices are supplied to businesses for transaction acceptance. The app is accessible on Android and iOS devices.
Who are the top competitors of EbixCash?
How many acquisitions has EbixCash made?
EbixCash has made 6 acquisitions, including AhaTaxis, AssureEdge, and Essel Forex.
Who are EbixCash's investors?
EbixCash has 4 investors. Key investors include Lightspeed Venture Partners, Ebix, Intel Capital, and Z47.