- Business
- Delphi World Money Limited (DELPHIFX.BO) operates as an RBI-licensed Authorised Dealer Category II money changer, providing customized foreign exchange services, outward and inward remittances, prepaid forex cards, gift cards, and travel insurance to corporate and retail clients across India through over 70 branches. The company serves the travel, tourism, and cross-border payment sectors, acting as principal agent for leading remittance providers and distributing third-party financial products; it also offers money transfer services, cash-to-master solutions, domestic and international airline ticketing, MICE solutions, luxury travel packages, hotel bookings, car rentals, and curated holidays via its integration with Ebix Travels. Founded in 1985 as Chanakya Holdings Private Limited, formerly known as Weizmann Forex Limited and EbixCash World Money India Limited, Delphi World Money Limited maintains headquarters in Mumbai, India, and functions as a subsidiary of EbixCash World Money Limited.
In recent developments, the company completed a rights issue in October-November 2025, opening on October 27 at Rs 191 per share to bolster capital for inorganic growth, digital transformation in travel, forex, and remittance verticals, technology platforms, customer innovations, and global expansion. It acquired management control and a significant equity stake in Ebix Travels Private Limited in September 2025, consolidating travel services including luxury tourist train operations into its ecosystem. On November 14, 2025, the board approved a 5-for-1 stock split, 2:1 bonus issue of 16.35 crore shares, and increased authorised capital to INR 50 crore.