New Delhi, Feb. 18 -- Zillious Solutions Private Limited has offloaded 80% stake to Ebix Inc. through its Indian arm Ebix Software India.

Zillious will remain a non-aligned technology platform, and Ebix will promote it internationally in key markets like the Middle East, US and Asia, besides further establishing it as a pure-play on-demand travel technology exchange within India. Both the promoter founders of Zillious, Harsh Azad and Rohit Gaddi, along with all their domain intensive team will continue to work towards this endeavor. Accordingly, the Zillious platform will continue to be offered to the entire travel industry with a glass wall protection for the client base.

Ebix is funding the transaction in cash, using its internal cash...