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Ebix emerges debt-free after acquisition by Eraaya LifeSpaces, Robin Raina will continue to lead

Eraaya LifeSpaces, known for managing luxury properties, has aligned its investment with Ebix’s global portfolio. The company, which filed for Chapter 11 bankruptcy in January 2024, has now become debt-free worldwide, exiting bankruptcy within a record nine months. The acquisition marks a significant turning point for the 12,000-employee strong firm, as it prepares to embark on a new phase of growth.

from Top Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/OtlXmSE
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