Latest News
Press background on ItzCash
Company profile
ItzCash Card Ltd., India’s only “Multi Service Payment Solutions Company” and part of the Essel Group, was established in 2006. A pioneer in the prepaid payment sector in India, ItzCash initiated the concept of ‘digital cash’ to the Indian consumer and various business entities, heralding the beginning towards enabling a cashless transacting society. ItzCash continues to build on its innovation augmenting its product portfolio offering wide choice of payments and money transfer service having issued 110 million accounts till date. It constantly invests in upgrading technology towards creating world‐class omni-channel payments platforms for the emerging India. ItzCash has presence across consumer segments serving 35 million consumers annually and over 75,000 franchisees branded as “ItzCash World” in 3000+ Tier I and II cities and towns. It is backed by world’s leading investors Matrix Partners, Lightspeed Venture and Intel Capital. For further details, visit www.itzcash.com
 Recent press releases
ItzCash, Parent Ebix Inc. Commit a US$ 100 mn for Investments & Acquisitions

With the recent investment in ItzCash of $120 million in May 2017, World’s Largest Insurance Exchange, Ebix Inc. further commits $100 million fund to steer the next level growth path for ItzCash.
 
 
Mr. Bhavik Vasa, Chief Growth Officer and Mr. Ravi Si... (more)
Share
ItzCash and Kings XI Punjab Drive Epilepsy Awareness

The current IPL squad of Kings XI Punjab has joined hands with ItzCash, India’s leading digital payments fintech to drive awareness around epilepsy. Team players Glenn Maxwell, D. Sammy, Axar Patel, Martin Guptill, Ishant Sharma and Mannan Vohra along with the officials came together on Wedne... (more)
Share
ItzCash Voted Amongst the most Trusted BFSI Brand in India

 
Indian consumers have voted ItzCash, India’s largest Fintech payments company, amongst the most trusted Banking Financial Services Brand. ItzCash ranked among top 30 across the entire BFSI segment pan-India and stand as the category leader in ‘Most Trusted brand in Prepai... (more)
Share
ItzCash Eyes Rs 5,000 Crore Biz from the Entertainment Segment by FY 18

Undertakes strategic tie-ups to leverage vast market foot print
Serving 35 million consumers annually and with 75,000 outlets company aims to unlock growth
 
 
 
ItzCash India’s leading digital payments facilitator is betting big on t... (more)
Share
ItzCash Bags BBPS License from RBI; Aims to Ride High on ‘FinServ Convergence’

Aims to leverage the BBPS platform to cross Rs. 15000 crore of gross payment volume in FY16-17
Boasts of a strong user base of 35 million customers
Expects to generate Rs. 270 crore in revenues in FY16-17
 
 
 
 
&n... (more)
Share
ItzCash Makes Strategic C-suite Appointments to Drive Growth

ItzCash Card Ltd. India’s largest and only “Multi Service Payment Solutions Company with annual payment volume of over US$ 2 Billion; today announced the appointment of Bhavik Vasa as ‘Chief Growth Officer’ and Ravi Singh as ‘Chief Business Officer’. These appoin... (more)
Share