- Company plans to deepen India focus across insurance technology, digital transactions, forex, remittances, and financial services as India contributes over 50% of global business
- Ebix’s India operations currently support millions of annual customer transactions through a 650,000+ outlet physical and digital network
- Ebix’s international insurance technology portfolio currently supports hundreds of insurers, brokers, and exchanges across 40+ countries
National, May 20, 2026: Ebix Technologies Ltd., the financial technology arm of Ebix Group, is expanding its focus on insurance technology infrastructure in India, as the company projects over 20% + year-on-year organic growth in its India business over the next 3 years. India currently contributes around 50% of Ebix’s global business, while the company’s India operations support over millions of annual customer transactions through a distribution network of more than 650,000 physical and digital outlets across travel, forex, remittance, payments, and financial services.
As India’s insurance and reinsurance ecosystem continues to open up to greater private and global participation, Ebix is evaluating the India rollout and localisation of several of its globally deployed insurance technology platforms. These include solutions across broker connectivity, policy administration, electronic placement systems, compliance infrastructure, and digital insurance exchanges.
Gagan Sethi, CEO, Ebix Technologies, said, “India is entering a new phase of insurance market evolution, driven by digital adoption, regulatory reforms, and increasing institutional participation. We see a significant opportunity to introduce globally established insurance technology infrastructure platforms that can support operational efficiency, connectivity, compliance, and transaction management across the insurance ecosystem. Our focus is on adapting these capabilities to India’s regulatory and market requirements.”
The company’s international insurance technology portfolio currently supports hundreds of large insurers, brokers, exchanges, and financial institutions across 40+ countries. This includes PlacingHub, Ebix’s electronic placement platform used in the London insurance market. Ebix is assessing localisation and regulatory alignment requirements for selected insurance exchange and placement technologies for the Indian market, including potential opportunities emerging through GIFT City and cross-border reinsurance operations.
Dr. Vikas Garg, Chairman, Ebix Group, said, “India remains one of the most strategically important markets for Ebix globally. The combination of large-scale digital infrastructure, financial sector formalisation, and increasing global integration is creating long-term opportunities across financial technology and insurance infrastructure. We believe Ebix’s global product capabilities, combined with its established operating scale and distribution presence in India, position the company strongly for the next phase of growth in the market.”
Alongside its insurance technology expansion plans, Ebix continues to strengthen its broader India financial services ecosystem through EbixCash and its integrated forex, remittance, travel, payments, and distribution businesses. EbixCash World Money recently expanded its retail forex presence with the launch of its 100th branch in India.
About Ebix Technologies Ltd.
Ebix operates AI-driven, API-first digital marketplaces that power commerce across insurance, fintech, and health industries worldwide. The Company’s exchanges and platforms span health, life, and property & casualty insurance, risk and compliance management, fintech, and health content and wellness solutions providing mission-critical infrastructure for some of the world’s most regulated and complex markets. Through its services division, Ebix also delivers solutions in payments, forex, travel, and education under established global brands.
About Eraaya Lifespaces Limited
Eraaya Lifespaces Limited (EBIX | 531035 | INE432F01032) is a global holding company of Ebix Inc. and its worldwide subsidiaries. Following a strategic transition in 2024, Eraaya has evolved from its conventional roots in lifestyle and hospitality into a diversified, technology-led holding platform with operations across 13 countries serving enterprise & consumer markets worldwide.
Through Ebix Inc. and its operating global subsidiaries, Eraaya has built a strong global presence across four core business segments: Technology, Payments, Travel, and Emerging Businesses.
The technology platforms business delivers on-demand software, SaaS solutions, and digital exchanges that support insurance, reinsurance, financial services, healthcare, risk and compliance and many more software products catering to various service segments.
The cash payments segment provides technology-enabled payment solutions and financial transaction platforms catering to diverse use cases across geographies.
Ebix Travel is one of the group’s key verticals, offering end-to-end travel with travel distribution solutions, including booking platforms, payments integration, and digital marketplaces that serve airlines, travel agencies, corporates, and consumers across international markets. In parallel, the company’s emerging businesses include e-learning which focused on delivering digital education and training solutions designed to support skill development and professional learning at scale.
These businesses enable Eraaya to operate across enterprise and consumer markets, supported by global delivery capabilities, long-standing client relationships, and process-driven platforms.
Stephan is the sports journalist for the Maple Grove Report.
