Ebix (EBIX) Receives SEBI Clearance

EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has received the final observation letter/clearance from the Securities and Exchange Board of India (SEBI) for its proposed initial Public Offering (IPO). EbixCash will now be working with its advisors on the next steps leading to the listing of EbixCash on NSE and BSE.

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