THE TIRELESS MAVERICK
Businessworld|December 15, 2021
ROBIN RAINA, the Chairman and CEO of Ebix Inc, who wears the dual hat of founder and promoter of EbixCash, firmly believes that India is ready for a greater presence on the global financial stage and EbixCash, his end-toend financial services provider, is ideally placed to tap this opportunity. With a slew of high-profile acquisitions, nurturing a discipline of growth and establishing strong governance practices, Raina’s speed of decision-making highlights the ambitious goal he has set for himself and his company. The building blocks that include a unified all-inclusive offer and the business model that intuitively houses recurring growth avenues, topped with his overall efforts, place him on the fast track to reaching this mark. Excerpts from an interaction with BW Businessworld’s Group Editorial Director, NOOR FATHIMA WARSIA:
NOOR FATHIMA WARSIA
THE TIRELESS MAVERICK
As you near the deadline for your proposed IPO, and especially in view of some of the developments in this space recently, there is more attention to profit. EbixCash’s compound annual growth rate (CAGR) over the last three years was 66 per cent and you are on target to clock more than $800 million in revenues and approximately $100 million in EBITDA in 2021. Strictly speaking, EbixCash is profitable. We understand you are planning the IPO proceeds would be in billions. How do you propose to utilise this money?

We are still in the midst of discussions on exactly what we are looking at but it could be one of India’s larger public issues. The key right now is to grow the EbixCash business internationally. I want to create a multinational corporation that is based in India. Today, MNCs come to India, launch their India operations and are placed among the leaders here. I want to launch a brand that can play across the world. I want to make the EbixCash brand a global name to reckon with.

It is my dream to take an Indian MNC to the global stage, and while there are such examples that exist today, they are still too few and far in between for the kind of scale and talent that India houses.

هذه القصة مأخوذة من طبعة December 15, 2021 من Businessworld.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 15, 2021 من Businessworld.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESSWORLD مشاهدة الكل
Gauging Trumponomics For India
BW Businessworld

Gauging Trumponomics For India

Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0

time-read
2 mins  |
November 16, 2024
Reflections on Consciousness and Creation
BW Businessworld

Reflections on Consciousness and Creation

Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind

time-read
2 mins  |
November 16, 2024
MORE TAKE TO DRIVING IN STYLE
BW Businessworld

MORE TAKE TO DRIVING IN STYLE

High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure

time-read
4 mins  |
November 16, 2024
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
BW Businessworld

India's Growing Affinity for Swiss Watches: A Luxury on the Rise

NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.

time-read
2 mins  |
November 16, 2024
An ENRiching Outlook
BW Businessworld

An ENRiching Outlook

KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence

time-read
2 mins  |
November 16, 2024
Paving the Path to a Sustainable Future
BW Businessworld

Paving the Path to a Sustainable Future

Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees

time-read
2 mins  |
November 16, 2024
LEADERSHIP TRANSITION AT XIAOMI INDIA
BW Businessworld

LEADERSHIP TRANSITION AT XIAOMI INDIA

Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus

time-read
3 mins  |
November 16, 2024
WEAVING SUSTAINABILITY
BW Businessworld

WEAVING SUSTAINABILITY

Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain

time-read
1 min  |
November 16, 2024
FORCE FOR GOOD
BW Businessworld

FORCE FOR GOOD

FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives

time-read
1 min  |
November 16, 2024
REIMAGINING TOMORROW
BW Businessworld

REIMAGINING TOMORROW

For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders

time-read
1 min  |
November 16, 2024