“In August 2018, [US-based] Ebix spent ₹ 1,200 crore to acquire Centrum group’s forex business Centrum Direct Ltd,” according to reports.

Crawford Bayley & Co advised Centrum Group led by a team of partners Sanjay Asher and Bhumika Batra along with associates Sachita Shetty, Sanskriti Relekar, Anuja Takle.

IndusLaw advised Ebix Software India Private Limited, led by partner Saurav Kumar, and principal associate Divya Varghese (who is now a partner) and associate Suvarna Swain.

2018-08-01

Deal value: 1200 Crore