EbixCash acquires AssureEdge Global to strengthen back office offerings

EbixCash, a subsidiary of Ebix Inc which provides on-demand software and e-commerce services to insurance, financial, healthcare and e-learning industries, has acquired 70 per cent stake in BPO company AssureEdge Global Services for undisclosed amount.

AssureEdge is recognised as an independent customer retention and customer response organisation in India, with a variety of BPO offerings via six contact centres across the country,EbixCash said in a statement.

The BPO company with 1,800 employees serves a number of industries and clients that have cross-selling value for EbixCash services, it said, adding, AssureEdge CEO and founder Bhupesh Tambe will continue to lead the company with a 30 per cent stake in the venture.