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