EBIX Ltd.
The timeline — 2 notes on EBIX Ltd.
July 2026
- 27 Jul 26 · 3:27 PM IST Brief Brief
EbixCash gets UPI — ₹2 cr monthly volume is thin
Ebix's prepaid wallet is now on BHIM UPI, but with only 1.4M users and ₹2 cr in monthly transactions, it's a small step against a backdrop of legal troubles.
- 15 Jul 26 · 8:40 PM IST Lead Lead
Ebix promoter Vikas Garg arrested under PMLA by ED
Ebix's promoter and director Vikas Garg has been taken into custody by the Enforcement Directorate under the Prevention of Money Laundering Act, escalating regulatory risk for the nano-cap company.