Ebix's Robin Raina Is Playing For Big Stakes, And Making Global Impact

Robin Raina Of EbixCash Has Made Over Two Dozen Acquisitions To Create A Consumer Focussed Digital Conglomerate In India In The Fastest Possible Time. There Is Plenty More To Come

- Anand Adhikari

SIX DAYS AFTER HIS LIMOUSINE BUS OVERTURNED, ROBIN RAINA BOOKED A FLIGHT FROM AUGUSTA UNIVERSITY MEDICAL CENTER IN GEORGIA TO INDIA.

THAT DAY IN early 2018, the Chairman of the board, President, and CEO of insurance solutions provider Ebix Inc., drove down to the Hartsfield-Jackson Atlanta International Airport against the doctor’s advice, with three screws in his leg and crutches in his hands. On touchdown, the restless honcho—a US citizen of Indian origin—started the hunt for acquiring companies in payments, travel, forex, and remittances to create an ‘airport’ of financial transactions in India. “When I walk into a deal, I give people 48 hours to accept or reject my offer,” says the flamboyant Raina, sitting in his sprawling office in the Noida Special Economic Zone. In the next two and a half years, Raina, with a limping leg, pounced on dozens of companies by spending $750 million. And he is not done yet.