Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, and

shopping Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A Retail#Shopper profiles, typology of shopper types ha ...

website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization. It is headquartered in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

with offices in

Bangalore Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...

New Delhi New Delhi (; ) is the Capital city, capital of India and a part of the Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the Government of India, hosting the Rashtrapati Bhavan, New Parliament ...

, and

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. , it had more than 300 employees. At the time of its founding, internet access had only been available in India for five months with a mere 18,000 users, leaving Rediff.com as one of the earliest Indian web portals and email providers.

History

The Rediff.com domain was registered in India in 1996. Early products included the email service Rediffmail and Rediff Shopping, an online marketplace selling electronics and peripherals. In 2001, Rediff.com was alleged to be in violation of the

Securities Act of 1933 The Securities Act of 1933, also known as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was enacted by the United States Congress on May 27, 1933, during the Great Depression and afte ...

for filing a materially false prospectus in relation to an IPO of its American depositary shares. The case was resolved by settlement in 2009. In April 2001, Rediff.com acquired the '' India Abroad'' newspaper. In 2007, Rediff iShare, a multimedia platform, was released. In 2010, Rediffmail NG was launched, an email service for mobile platforms. In 2012, Rediff launched its Android App for Rediff News. In April 2016, the company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.

Infibeam Avenues Limited's era

In 2024, Rediff.com became a subsidiary of Infibeam Avenues, which acquired a 54.1 per cent stake in Rediff.com India Ltd. Infibeam founder Vishal Mehta became Rediff's new Chairman and Managing Director, succeeding Ajit Balakrishnan, who had led the company since its founding in 1996.

References

External links

* {{Use dmy dates, date=August 2022 Companies based in Mumbai Companies formerly listed on the Nasdaq Indian companies established in 1996 Online companies of India Internet properties established in 1996 Mass media companies of India Software companies based in Mumbai Web portals Webmail 1996 establishments in Maharashtra

History

Infibeam Avenues Limited's era

See also

References

External links