EbixCash Takes Over Cox & Kings’ Business Travel Clients in India


Skift Take

Some travel companies — Ebix among others — are rumored to be considering taking over all of the cash-strapped Cox & Kings.

Things are not looking good for Cox & Kings. The famous tour operator, one of the longest-standing travel companies worldwide, is deep in debt. Now, the company is losing part of its business in India, where it is based. EbixCash, the Indian subsidiary of insurance software company Ebix, signed an agreement with Cox & Kings Ltd to take over the legacy tour operator's business travel clients. It will transfer them to Mercury Travel, which is the corporate travel division of EbixCash. This transfer applies to all of Cox & Kings' contracts with co