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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 5)*

                                   Ebix, Inc.
                                (Name of Issuer)


                                  Common Stock
                         (Title of Class of Securities)

                                    28715107
                                 (CUSIP Number)


                                  March 2, 2004
             (Date of Event Which Requires Filing of This Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

      [ ] Rule 13d-1(b)

      [X] Rule 13d-1(c)

      [ ] Rule 13d-1(d)


      * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

      The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act, but shall be subject to all other provisions of the Act (however, see
the Notes).





---------------------------                          --------------------------

    CUSIP No. 28715107                                   Page 2 of 6 Pages
---------------------------                          --------------------------

-------------------------------------------------------------------------------
    1     Names of Reporting Persons.
          I.R.S. Identification Nos. of above persons (entities only).

          Rennes Fondation
-------------------------------------------------------------------------------
    2     Check the Appropriate Box if a Member of a Group      (a) [ ]
          (See Instructions)                                    (b) [ ]

-------------------------------------------------------------------------------
    3     SEC Use Only


-------------------------------------------------------------------------------
    4     Citizenship or Place of Organization

          Principality of Liechtenstein

-------------------------------------------------------------------------------
                    5  Sole Voting Power
    NUMBER OF
      SHARES           347,123
   BENEFICIALLY     -----------------------------------------------------------
     OWNED BY       6  Shared Voting Power
       EACH
    REPORTING          -0-
      PERSON        ------------------------------------------------------------
      WITH:         7  Sole Dispositive Power

                       347,123
                    ------------------------------------------------------------
                    8  Shared Dispositive Power

                       -0-
-------------------------------------------------------------------------------
    9     Aggregate Amount Beneficially Owned by Each Reporting Person

          347,123
-------------------------------------------------------------------------------
   10     Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
          (See Instructions)

-------------------------------------------------------------------------------
   11     Percent of Class Represented by Amount in Row (9)

          12.69%
-------------------------------------------------------------------------------
   12     Type of Reporting Person (See Instructions)

          OO
-------------------------------------------------------------------------------





---------------------------                          --------------------------

    CUSIP No. 28715107                                   Page 3 of 6 Pages
---------------------------                          --------------------------


Item 1.

     (a)  Name of Issuer:

          Ebix, Inc.

     (b)  Address of Issuer's Principal Executive Offices:

          1900 E. Golf Road, Suite 1050
          Schaumburg, Illinois 60173

Item 2.

     (a)  Name of Person Filing:

          Rennes Fondation

     (b)  Address of Principal Business Office or if None, Residence:

          Aeulestrasse 38
          FL-9490 Vaduz
          Principality of Liechtenstein

     (c)  Citizenship:

          Principality of Liechtenstein

     (d)  Title of Class of Securities:

          Common Stock

     (e)  CUSIP Number:

          28715107

Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or
         (c), check whether the person filing is a:

     (a)  [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C.
              78o).

     (b)  [ ] Bank as defined in Section 3(a) (6) of the Act (15 U.S.C. 78c).

     (c)  [ ] Insurance company as defined in Section 3(a)(19) of the Act (15
              U.S.C. 78c).

     (d)  [ ] Investment company registered under Section 8 of the Investment
              Company Act of 1940 (15 U.S.C. 80a-8).

     (e)  [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).



---------------------------                          --------------------------

    CUSIP No. 28715107                                   Page 4 of 6 Pages
---------------------------                          --------------------------

     (f)  [ ] An employee benefit plan or endowment fund in accordance with Rule
              13d-1(b)(1)(ii)(F).

     (g)  [ ] A parent holding company or control person in accordance with Rule
              13d-1(b)(1)(ii)(G).

     (h)  [ ] A savings association as defined in Section 3(b) of the Federal
              Deposit Insurance Act (12 U.S.C. 1813).

     (i)  [ ] A church plan that is excluded from the definition of an
              investment company under Section 3(c)(14) of the Investment
              Company Act of 1940 (15 U.S.C. 80a-3).

     (j)  [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).



Item 4. Ownership

      Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

     (a)  Amount Beneficially Owned:

          347,123

     (b)  Percent of Class:

          12.69%

     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote:

                347,123

          (ii)  Shared power to vote or to direct the vote:

                -0-

          (iii) Sole power to dispose or to direct the disposition of:

                347,123

          (iv)  Shared power to dispose or to direct the disposition of:

                -0-



---------------------------                          --------------------------

    CUSIP No. 28715107                                   Page 5 of 6 Pages
---------------------------                          --------------------------





Item 5. Ownership of Five Percent or Less of a Class

      If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].

Item 6. Ownership of More than Five Percent on Behalf of Another Person

          N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the
        Security Being Reported on by the Parent Holding Company

          N/A

Item 8.   Identification and Classification of Members of the Group

          N/A

Item 9.   Notice of Dissolution of Group

          N/A

Item. 10. Certification

      By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.




---------------------------                          --------------------------

    CUSIP No. 28715107                                   Page 6 of 6 Pages
---------------------------                          --------------------------

                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct. Dated: February 23, 2006.


                                          RENNES FONDATION


                                          /s/ Rolf Herter
                                          ----------------------
                                          Name:   Rolf Herter
                                          Title:   Director