EbixCash World Money Limited, a leading provider of foreign exchange and outward remittance services and a subsidiary of Eraaya Lifespaces Limited, has achieved a major milestone with the inauguration of its 100th branch in Tiruvannamalai. This expansion reflects the company’s ambitious strategy to strengthen its presence across India, particularly in Tier-II and Tier-III cities where the demand for forex and remittance solutions is rising rapidly.
Located at the foothills of the sacred Arunachala Hills, Tiruvannamalai is renowned globally for the historic Arunachaleswarar Temple and its strong cultural and spiritual identity. The city also attracts thousands of international visitors, pilgrims, and students every year, making it an emerging hub for foreign exchange and international remittance services. With the new branch, EbixCash World Money will cater to a wide range of customers — including travellers, tourists, students studying abroad, corporates, and SMEs — with services such as currency exchange, outward remittances, prepaid forex cards, and international travel currency solutions, all seamlessly integrated with its advanced digital platforms.
The inauguration ceremony was graced by Chief Guest V. Satish Kumar (IPS), Assistant Superintendent of Police, Tiruvannamalai Town, who commended EbixCash World Money for blending a robust physical branch network with cutting-edge technology to make forex services more accessible and convenient in emerging markets.
Highlighting the achievement, T. C. Guruprasad, CEO and Managing Director – Payment Solutions, EbixCash, said, “Crossing the 100-branch milestone is more than just a number — it symbolizes the trust of millions of customers and the dedication of our teams nationwide. Before COVID-19, EbixCash World Money operated more than 170 branches across India. While the pandemic posed significant challenges, our rebound and renewed expansion reflect the growing demand for reliable, compliant, and technology-enabled forex solutions. Setting up this landmark branch in Tiruvannamalai, a city that blends spiritual heritage with growing commercial potential, shows our commitment to deepening our footprint in smaller cities that are driving the next wave of industry growth.”
With this launch, EbixCash World Money now operates 100 branches across 77 cities and 24 international airports, reinforcing its position as a market leader in India’s foreign exchange and cross-border remittance industry. The company’s sustained expansion highlights its vision to provide secure, efficient, and digitally advanced forex services to customers across high-potential regional markets.
