The acquisition of Indus will increase the employee strength of Ebix in India by 900 to approximately 7,200 employees.
Increases stake in a technology platform that enables Indian consumers to access digital credit
State-of-the-art Campus will provide incubatees office space, video conference facility, Investors Meet ups & mentors interactions; gain exposure to startup ecosystem of NCR
The company currently aims to raise overall $5 million
Recently Monexo Fintech, Faircent, OML Technologies, BigWin Infotech (PaisaDukan.com) and Finzy have also received NBFC P2P certification from RBI.
Acquisition will ramp up SmartQ’s expansion plans across the country
Here is a roundup of all the latest happenings in the Indian Startup Ecosystem today.