Ebix acquires two travel services companies for $14.2 million
Acquisition of Mercury, Leisure Corp. will increase workforce of Ebix in India to approximately 7,600 employees
Mumbai: Nasdaq-listed Ebix Inc on Thursday said it has acquired Mumbai-based Mercury Travels and Delhi-based Leisure Corp for approximately $14.2 million. Ebix is a supplier of on-demand software and e-commerce services to the insurance, financial, healthcare and e-learning industries. The acquisitions were made through Ebix’s Indian subsidiary, EbixCash.