Mumbai-based payments solution startup ItzCash raises â¹800cr
Mumbai-based payments solution firm ItzCash has raised â¹800 crore from US-headquartered Ebix against an 80% stake in the company. Reports say its earlier investors  Matrix Partners, Lightspeed Venture Partners and Intel Capital, have taken exit for returns between three-five times of their investment. Founded in 2005, ItzCash provides financial services, corporate solutions and payment gateway.