JOHNS CREEK, GA – February 21, 2019 – Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that it has partnered with India’s Network 18 group to host one of India’s biggest leadership summits, to be held in New Delhi on Monday Feb. 25th and Tuesday, Feb. 26th 2019. Network 18 is India’s largest media and television group, that owns and operates 21 news channels including CNBC-TV18, CNN 18, and CNBC-Awaaz.
Formally titled, “Ebix Presents TV18 India Rising Summit 2019,” the summit is a pan-India thought-leadership initiative designed to explore and celebrate the rising emergence of India as an economic superpower with the theme ‘Rising Above Going Beyond.’ The summit, which will include a wide array of leaders in India, including top policy makers, Union Cabinet Ministers, Chief Ministers, entertainment icons, global visionaries, economists, writers and corporate leaders, will be nationally telecast live on CNBC-TV18, CNN 18 and CNBC-Awaaz. The Honorable Prime Minister of India, Shri Narendra Modi will be the Chief Guest and deliver the Summit Keynote on Monday, Feb. 25th 2019.
Day one of the Summit will also feature chief ministers of five states along with a number of Union Cabinet Ministers, speaking on their idea of “Building India for the Future”. In addition, Ebix Chairman and CEO, Robin Raina will participate in a group panel discussion with other business leaders, to discuss business issues and opportunities for the continued emergence of India. For more information on the event, visit www.ebix.com/risingindia
A panel comprised of eight women leaders will lead a discussion on the topic ‘Be a Woman: The New Gender Equation.’ Also, Sports Minister Rajyavardhan Rathore, cricket Anil Kumble and boxing champion Mary Kom will lead a discussion on India’s future in sports. Other summit participants will include actor and politician Kamal Hassan, Union Minister Smriti Irani, spiritual Gurus - Sadhguru and Baba Ram Dev; and the actress Deepika Padukone.
Ebix Group CEO Robin Raina will deliver the second day welcome address on the topic of “Compassionate Capitalism” touching the role that Ebix’s Indian subsidiary EbixCash sees for itself as India’s Largest Financial Exchange eco system, within the Rising India vision. Ruling Party BJP president Amit Shah is also scheduled to talk about the government's vision for India, and Home Minister Rajnath Singh will address the audience on the topic of ‘Rising India: The Challenges Within’. Thereafter, four Congress chief ministers will participate in ‘A View from the Other Side.’
The Summit is presently being broadly marketed on a daily basis across many TV18 group channels including CNBC-TV18, CNN 18 and CNBC-Awaaz; leading up to the kickoff on Monday, Feb. 25th 2019. Additionally, a detailed print campaign is being run on national newspaper chains including the Times of India, Hindustan Times, Indian Express, Economic Times, Business Standard and Mint newspapers to publicize the “Ebix Presents TV18 India Rising Summit 2019”. Large billboards promoting the Summit have also been placed in strategic locations in key cities around the country.
With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world.
With a "Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash’s inward remittance business in India conducts approx. $5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year.
Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
| Darren Joseph or Gautam Sharma 678-281-2027 or IR@ebix.com |
David Collins or Chris Eddy Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com |