XML 39 R25.htm IDEA: XBRL DOCUMENT

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As discussed in Note 16 "Investment in Joint Ventures", Vayam Technologies Ltd ("Vayam") is also a customer of Ebix Vayam Limited JV, and during the twelve months ending December 31, 2022 and 2021, Ebix Vayam Limited JV recognized $0.9 million and $0.8 million of revenue from Vayam, respectively. As of December 31, 2022 and 2021, Vayam had $11.6 million and $17.0 million, respectively, of accounts receivable with Ebix Vayam Limited JV. Also, as discussed in Note 16 "Investment in Joint Ventures", in regards to EbixHealth JV it was concluded that the customer relationship with IHC, our joint venture partner, to be by its nature, a related party.