Infibeam Avenues Limited — JV/Acquisition, 30-09-2025: Acquisition
30-09-2025 | 07:26 pm
30-09-2025 | 07:26 pm
Infibeam Avenues has completed a strategic internal restructuring, transferring its Platform Business Undertaking, including Infibeam Projects Management (IPMPL), to its subsidiary, Rediff.com India Limited. This move consolidates Infibeam's platform assets under Rediff, enhancing its focus as a comprehensive digital services provider. Following further investment, Infibeam's stake in Rediff now stands at 82.66%, reinforcing control. IPMPL contributed 11.75 Cr in turnover and 121.79 Cr in net worth in the last fiscal year. This strategic alignment streamlines operations and leverages Rediff's capabilities in enterprise email, payments, and content.
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