Rediff

Infibeam to sell ecommerce unit to its subsidiary Rediff for Rs 800 crore

Infibeam will sell its e-commerce platform to Rediff for ₹800 crore, raising its stake to 82.7%; Rediff may explore IPO and scale digital business offerings

Rediff plans to raise $100 mn to expand email, payments services

Internet company Rediff is exploring options, including an initial public offering, to raise up to USD 100 million (around Rs 875 crore) to accelerate its push into enterprise-grade email, business productivity suite and digital payments, according to sources. The company, which is majority owned by financial technology company Infibeam Avenues Ltd, is considering options such as launching an IPO, private placement, or through private equity participation to raise capital, sources privy to the development said. The board of Rediff.com is currently evaluating fundraising options and is expected to finalize the structure in the coming weeks, they said. However, the IPO option has a high chance of being chosen by management for its USD 100 million fundraising, sources said. When contacted, Rediff Senior Vice-President for Corporate Development, Ashish Mehrota, said, Yes, our company explores various fundraising options from time to time. At this stage, we do not have anything specific

Nayara taps Indian IT firm Rediff.com after Microsoft suspends service

Nayara, a major buyer of Russian oil that is 49 per cent owned by Russian oil major Rosneft, has struggled with disruptions since coming under European Union sanctions this month

B2B payments firm Infibeam Avenues to roll out RediffPay after NPCI nod

This is the first step in the company's foray into consumer facing businesses

Rediff.com appoints Vishal Mehta as chairman and managing director

Mehta is also the chairman and managing director at Infibeam Avenues

Fintech Infibeam Avenues to acquire controlling stake in Rediff.com

Infibeam plans to combine its digital payment services, platform business offerings, and artificial intelligence solutions with Rediff.com's services

How entrepreneurs can become great leaders

A seasoned tech entrepreneur gives tips on the values and characteristics one should have to make a successful business leader.

BHARAT: An Indian font that integrates elements from 12 languages

India's top typographers at Rediffusion Design Studios have been working hard for the past six months to create a font that would be intrinsically and eternally Indian

Rediff sells community newspaper 'India Abroad' to 8K Miles Media in US

Rediff.Com "hand over the torch to" 8K Miles Media, India Abroad said in its farewell editorial yesterday