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Ebix – Diving into the Robin Raina Foundation

Author: Published on: Published in: Ebix NASDAQ:EBIX

Publicly available financials suggest the Robin Raina Foundation shares similar financial discrepancy issues and poor disclosure practices as Ebix.

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One of the Ebix’s CEO’s biggest self-promotion points is his commitment to charity. Kudos.

As part of our due-diligence process, Viceroy has conducted background checks into Ebix’s directors and their ventures. When diving into the Robin Raina foundation, we  found inconsistencies between Robin Raina’s self-promotion of the Robin Raina Foundation (RRF) and the financial accounts of the foundation and its affiliates, and licensing issues across the US and India.

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