July 14, 2020
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Ebix acquires CentrumDirect for $175M to get into money

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T C Guruprasad, chief executive officer and managing director, Centrum Direct Ltd said, “Mangaluru is a fast growing business and tourism destination in Karnataka. The forex counters are

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2015/07/17 · MUMBAI: CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid forex cards, currency, travellers' cheques, demand drafts and wire transfer on the portal. "Customer behaviour is fast changing and we see tremendous …

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He said Centrum Direct, which is the forex arm of the city-based leading financial services company Centrum Group, will charge a flat Rs 150 for a card from both foreigners as well as domestic customers. The card can be reloaded umpteen times for a period of five years.

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Also, CDL’s corporate business is highly synergistic with EbixCash’s existing corporate business, as it now provides EbixCash with the ability to sell Digital Forex and multicurrency cards etc

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Centrum Direct Limited in its endeavor to provide a one stop solution to its customers has partnered with leading Banks to issue Foreign Exchange Demand Drafts. We have a long standing credibility and robust processes as a result of which our Branches stock Pre Signed Foreign Exchange Demand Draft Leaves issued by Banks.

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Centrum Group to sell money exchange business for ₹1,200

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Centrum Group sells forex biz to Ebix for Rs 1,200 cr

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Centrum on Tuesday announced the sale of Centrum Direct to Ebix, an American software and services company, for Rs1,200 crore. The entire team and assets of Centrum Direct will be transferred to

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A large number of international flights also offer direct connectivity, making it a strategic location for us to offer our forex and travel services.” Centrum Direct also offers online sale and

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