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Vineet Vemula's Company Details

EbixCash

Mumbai, Maharashtra, India • 501 - 1000 Employees
Financial Services

An Ebix Group initiative, EbixCash is emerging as one of the leading Financial Exchanges in India. With a ‘Phygital' strategy that combines 224,000 physical distribution outlets to a Omni-channel online digital platform, EbixCash has established an enterprise financial exchange portfolio that encompasses leadership in money remittance (domestic & international), travel, pre-paid & gift cards, utility payments etc. Ebix's recent joint venture initiative with Bombay Stock Exchange positions it strongly in India's insurance sector. EbixCash's portfolio of products can be accessed digitally anywhere as also across its distribution outlets spread over 5,500+ cities and towns.Key highlights: - EbixCash already has a dominant leadership position in the inward & outward remittance exchange and foreign exchange arena in India- EbixCash is already the largest domestic remittance exchange in India with domestic remittance volume of approximately $100 million per month- EbixCash is also a recognized leader in prepaid cards, domestic remittances and bill payments, processing approximately 600,000 transactions per day and approximately $2 Billion in annual payment volume- EbixCash is already recognized as a leader in the Gift card space with brand gift cards across all categories with 100+ Brand co-partners like Amazon, Flipkart.com, Croma, Lifestyle, Big Bazaar, Tanishq, BookMyShow.com, Reliance Digital, MakeMyTrip.com, Café Coffee Day, Pizza Hut, Myntra.com, Pantaloon etc- EbixCash is a leader in the utility payment space serving as a payment exchange for large utility providers like BSES, Tata Power, NDPL, Reliance Energy and Mahanagar Gas etc- Ebix's joint venture initiative with Bombay Stock Exchange positions it as a gateway for insurance carriers to sell insurance to India's vast population through EbixCash's tens of thousands of Phygital outlets across the country, besides BSE's strong network across the country