Ebix announced that India Post has unveiled a corporate customized stamp to commemorate the 20th anniversary of Ebix’s foreign exchange, remittances, payment solutions Indian subsidiary company - EbixCash World Money. The release of the stamp is a celebration of the company’s commitment to expand its India story and offer a diverse bouquet of travel, foreign exchange and financial solutions globally.
“We are happy to associate with EbixCash World Money and release a stamp commemorating their 20th anniversary. They are the leaders in travel, foreign exchange and prepaid solutions, and thus we are happy to engage with them and be a part of their growth story,” says Swati Pandey, Director General of India Post.
“The company is celebrating its 20th anniversary; we are privileged to associate with India Post and unveil a stamp together to commemorate the same. EbixCash World Money is one of the largest travel and foreign exchange companies in India and is poised to become a global player. Over the years, our brand has stood for customer centricity and our endeavor will be to continue to provide innovative solutions for the travel & foreign exchange needs of individuals and corporates,” states T C Guruprasad, Managing Director, EbixCash World Money.
“Looking back at our two-decade journey today, we are happy to have grown bigger, better, and brighter. In 1999, EbixCash World Money started its forex operations, with a very humble beginning of just 3 branches in Mumbai (CST & Bandra) and Bengaluru. In the year 2000, we pioneered the plastic forex cards in India with Visa Travel Money and Citicorp. Years 2002 and 2004 saw our rise, where we ranked among top 3 sellers of AMEX Traveler’s cheques, as also in the top 5 FFMC in Gross Merchandise Value and entered airport operations. In the year 2007 and 2008, we expanded our network to 17 cities PAN India with 25 branches and became the first FFMC to get upgraded to Authorized Dealer CAT II by the Reserve Bank of India,” reminisces Guruprasad.