rediff.com

Venture

Rediff, once an internet pioneer in India, sells majority stake for $3M

Manish Singh

Payments infrastructure firm Infibeam Avenues has acquired a majority 54% stake in Rediff.com for up to $3 million, a dramatic twist of fate for the 28-year-old business that was the…

Rediff, once an internet pioneer in India, sells majority stake for $3M

Someone May Be Looking To Buy Rediff

Today’s unsubstantiated takeover rumor comes from the Hindustan Times, who reports “US-based Internet giants such as Google and Yahoo are eyeing Rediff.com India Ltd, which runs one of India’s most…