Skift Take

While it's business as usual for EbixCash, it remains to seen if this will further delay the company's IPO launch.

Ebix Inc, the financial technology firm and parent company of EbixCash in India, has filed for bankruptcy in a North Texas court and the impact on operations in India remains uncertain.

Naveen Kundu, the managing director of EbixCash travel group, told Skift that it is "business as usual" and