TBM Staff - Mumbai All business operations which falls under Ebixcash India entity, Ebixcash Limited, remains unaffected by the decisions taken at the Board Meeting of Eraaya Lifespaces Limited held on Friday, September 27, 2024. There are no disruptions in the day-to-day business and the business is being held as in the usual course
T.C.Guruprasad continue to head Ebixcash Limited as its Managing Director. He also continues to head the Payment Solutions verticals comprising the Foreign Exchange, Money Transfer and Domestic Payments businesses as its CEO & Managing Director along with the respective Key Management Teams.
With an illustrious tenure of 30 years, Guruprasad has been instrumental in shaping the company’s growth and success. His visionary leadership, strategic guidance, and dedication have been pivotal in establishing Ebixcash as a prominent player in the industry. He also represents the Money changing and Money transfer industry to the regulators for the last 15 years in the capacity of Vice Chairman of MCMTA (Money Changing and Money Transfer Association of India)
The Payment Solutions business vertical possesses three regulatory licenses from the Reserve Bank of India namely Authorised Dealer, Category II Money Exchange company, Money Transfer Service Scheme for Inward Remittances and Prepaid Payment Instrument (PPI) for domestic payment business. This vertical is one of the largest revenue contributors for EbixCash India operations.
The company assures stakeholders that Guruprasad’s management and leadership will remain unchanged, ensuring continuity and stability. His expertise and experience will continue to drive the company’s growth, innovation, and customer satisfaction.
“We are pleased to confirm Guruprasad’s continued leadership,” said Vikas Garg Board Member & Vice Chairman of Eraaya “His commitment and contributions have been invaluable, and we look forward to his ongoing guidance.”
