EbixCash inks two-year sponsorship deal with Delhi Capitals

Kings XI Punjab,Indian Premier League 2020,EbixCash,Delhi Capitals,Sports Business News India

Kings XI Punjab title sponsors EbixCash has announced yet another major sponsorship deal with an Indian Premier League team – Delhi Capitals.

The leading financial exchange disruptor in India EbixCash will a principal sponsor of the Delhi Capitals for the 2020 and 2021 Indian Premier League seasons. The deal was announced today (Thursday).

 As part of the deal, the EbixCash logo will be displayed on the back of the Delhi Capitals playing jersey.

 “We are thrilled to partner with Delhi Capitals over the next couple of seasons of the VIVO IPL,” said Robin Raina, Chairman, President and CEO, EbixCash. “Delhi Capitals is easily the most exciting team of the league at the moment. With its array of Indian talent and international superstars, Delhi Capitals is the team to watch out for in subsequent editions of the IPL. We’re excited to partner with a team and a brand hailing from Delhi, India’s national capital, and one that brings with it, tremendous potential and promise.”

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“On behalf of Delhi Capitals, I’m delighted to welcome on board EbixCash as one of the Principal Sponsors of our team,” said Delhi Capitals CEO Dhiraj Malhotra. “After the third-place finish in the 2019 edition, our team will be eyeing no less than the title in the upcoming edition, and we’re excited to have EbixCash as a part of our journey towards that goal. I am confident this will be a mutually successful partnership for both brands.”

EbixCash, a subsidiary of Ebix, Inc, today transacts $18 billion in gross merchandise value (GMV) on its platforms, besides being an end-to-end services market leader in the financial exchange industry.

 EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash’s inward remittance business in India conducts approx. $6.5 billion gross annual remittance business, confirming its undisputed leadership position in India.

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EbixCash, through its travel portfolio of Via and Mercury, is also one of South-east Asia’s leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year.

The Company has also signed an agreement to acquire Yatra Online subject to regulatory and Yatra shareholder approvals.

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