Ebix acquires CentrumDirect for $175M to get into money
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EbixCash World Money is the largest RBI authorised ADII category forex company in India. Established in 1998 as Centrum Direct, EbixCash World Money is a foreign exchange company of EBIX Group, and is one of the largest players in Foreign Exchange Services with a volume of $2 Billion per annum.
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Centrum on Tuesday announced the sale of Centrum Direct to Ebix, an American software and services company, for Rs1,200 crore. The entire team and assets of Centrum Direct will be transferred to
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Trade with Centrum Markets Fast, Reliable, and Transparent Trading. Centrum Markets gives you Direct Market Access (DMA) which displays the best bid and offer price available, allowing you greater flexibility to trade on underlying market prices and depth.
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2015/07/17 · MUMBAI: CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid forex cards, currency, travellers' cheques, demand drafts and wire transfer on the portal. "Customer behaviour is fast changing and we see tremendous …
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Read more about Centrum Group sells forex biz to Ebix for Rs 1,200 cr on Business Standard. Diversified financial services player Centrum Group has decided to exit the forex business under brand name Centrum Direct by selling it to Atlanta-based Ebix Inc for around Rs 1,200 crore.Nasdaq-listed Ebix has over 50 offices across five
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Centrum group, a domestic financial services group, has inked an agreement with Ebix Inc, an Atlanta-based e-commerce services company to divest its full stake in Centrum Direct (CDL), a money exchange platform. The sale value is approximately Rs. 1200 crores.
Ebix to buy Centrum’s forex business - The Economic Times
2018/04/03 · City-based Centrum Direct, which handled transactions worth Rs 10,000 crore in FY18, has a customer base of over 3 million and offers services like sale and purchase of forex…
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He said Centrum Direct, which is the forex arm of the city-based leading financial services company Centrum Group, will charge a flat Rs 150 for a card from both foreigners as well as domestic customers. The card can be reloaded umpteen times for a period of five years.
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T C Guruprasad, chief executive officer and managing director, Centrum Direct Ltd said, “Mangaluru is a fast growing business and tourism destination in Karnataka. The forex counters are
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Centrum Direct Limited in its endeavor to provide a one stop solution to its customers has partnered with leading Banks to issue Foreign Exchange Demand Drafts. We have a long standing credibility and robust processes as a result of which our Branches stock Pre Signed Foreign Exchange Demand Draft Leaves issued by Banks.
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Forex cards are usually cheaper than currency notes. You can also request a better rate and set an alert for it. Once you book the order, your details are verified. Centrum Direct Ltd, which
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A large number of international flights also offer direct connectivity, making it a strategic location for us to offer our forex and travel services.” Centrum Direct also offers online sale and
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EbixCash World Money was born out of the need to create a hassle free experience in availing Foreign exchange for overseas travel. Hence, the customer experience and convenience is paramount in our 'mission statement' also We provide Forex Cards for individual travelers going overseas for leisure, students traveling for education, patients and their attendants traveling for medical treatment
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MUMBAI, July 23: Centrum Direct, a leading Category II authorised forex dealer, expects the overseas students segment to grow at 50 per cent this season which begins next month. Private equity majors New York Life and Jacob Ballas own around 30 per cent in the company, which is aiming to maintain its leadership position in the key segment.
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Centrum Group sells forex biz to Ebix for Rs 1,200 cr
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Vizag airport gets second foreign exchange counter
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Along with getting the best forex rates in mumbai , you can also buy forex through our multi-currency forex cards and traveller’s cheques without any hassle in addition direct online reload facility. EBIXCASH World Money Ltd. is well-known for providing the best-fit and apt forex product for your travel needs with the best exchange rate in
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