“Nasdaq-listed Ebix Inc has acquired Pune-based Indus Software Technologies Pvt Ltd for $29 million, including $5 million of contingent earnout,” reported Hindu Business Line.

Shardul Amarchand Mangaldas & Co advised existing shareholder BD Capital Partners Limited led by a team of partner Promode Murugavelu; senior associate Karthika Menon.

2018-07-19

Deal value: US$ 24 million

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