Robin Raina (Hindi: रॉबिन रैना, born August 31, 1967) is an Indian-born American industrial engineer, businessman[1] and philanthropist who is the currently suspended chairman, president and chief executive officer of Ebix Group. Under Raina's leadership, Ebix declared Chapter 11 bankruptcy[2] on December 17, 2023, after defaulting on a $617 million loan. He also founded the Robin Raina Foundation.

Robin Raina
रॉबिन रैना
Born (1967-07-31) July 31, 1967 (age 57)
CitizenshipUnited States
EducationOur Lady of Fatima Convent High School
Alma materThapar Institute of Engineering and Technology
Occupation(s)Industrial engineer, entrepreneur, businessman and philanthropist
TitleChairman, president and CEO of Ebix

Early life and education

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Raina was born on July 31, 1967 into a Kashmiri Pandit family in Srinagar.[3] He moved to Patiala in Punjab at the age of five and pursued most of his early education from Our Lady of Fatima Convent High School.[3][4] He graduated from Thapar Institute of Engineering and Technology with a degree in industrial engineering in 1989.[5][6] He joined Pertech Computers Limited[7] and was promoted as area manager in 1990. He left for Singapore in 1993 after joining Mindware.[7]

Career

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Raina joined Delphi Information Systems, Inc. in 1997 as Vice President of Professional Services.[8] In August 1999 he was promoted to the added title of President, having previously been named COO. In 1999 Delphi changed its name to Ebix.com and then in 2003 changed its name to Ebix Inc.[9] On December 17, 2023, following a default on a $617 million loan, Ebix filed for Chapter 11 bankruptcy.[2]

Personal life

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He has a wife, Romica Raina, a son, Sahil Raina, and a daughter, Nikita Raina.[10]

References

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  1. ^ "Robin Raina: Fintech's Master Blaster". Business Today Online Quiz. Retrieved 2022-01-06.
  2. ^ a b "Short seller Ebix files for Chapter 11 bankruptcy". Bloomberg. December 17, 2023. Retrieved December 18, 2023.
  3. ^ a b "Robin Raina: The Enterprising Philanthropist". www.khabar.com. Retrieved 2022-01-06.
  4. ^ "Meet Robin Raina: Ebix Boss Who Dons Many A Hat". Moneycontrol. Retrieved 2022-01-06.
  5. ^ "ROBIN RAINA - EBIX INC (EBIX)". The Wall Street Transcript. 2004-09-13. Retrieved 2022-01-06.
  6. ^ "Securities Class Action Clearinghouse". securities.stanford.edu. Retrieved 2022-01-06.
  7. ^ a b "Ebix's Robin Raina: A philanthropist, socialite and shrewd businessman". cnbctv18.com. 2019-07-17. Retrieved 2022-01-06.
  8. ^ [1], additional text.
  9. ^ [2], additional text.
  10. ^ "Link". Retrieved 2022-01-06.
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