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Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization.<ref>Template:Cite news</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> It is headquartered in Mumbai with offices in Bangalore, New Delhi, and New York City.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Template:As of, it had more than 300 employees.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

HistoryEdit

The Rediff.com domain was registered in India in 1996.<ref name=IDR>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Early products included the email service Rediffmail<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> and Rediff Shopping, an online marketplace selling electronics and peripherals.Template:Citation needed

In 2001, Rediff.com was alleged to be in violation of the Securities Act of 1933 for filing a materially false prospectus in relation to an IPO of its American depositary shares.<ref>Template:Cite press release</ref> The case was resolved by settlement in 2009.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In April 2001, Rediff.com acquired the India Abroad newspaper.<ref name="ia">Template:Cite news</ref>

In 2007, Rediff iShare, a multimedia platform, was released.<ref>Template:Cite news</ref> In 2010, Rediffmail NG was launched, an email service for mobile platforms.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In 2012, Rediff launched its Android App for Rediff News.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In April 2016, the company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Infibeam Avenues Limited’s eraEdit

In 2024, Rediff.com became a subsidiary of Infibeam Avenues, which acquired a 54.1 per cent stake in Rediff.com India Ltd.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref name="BT"/>

See alsoEdit

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ReferencesEdit

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External linksEdit

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