As per media reports, the size of the IPO could be in the range of ₹600-₹800 Cr
In August 2024, AvenuesAI (formerly Infibeam Ventures) acquired a majority 54.1% stake in the internet portal for about ₹50 Cr to foray into consumer-facing business
Rediff is a Mumbai-based internet company that began as a news media outlet but later expanded into multiple digital streams
AvenuesAI’s (formerly Infibeam Ventures) subsidiary Rediff has filed its IPO papers via the confidential route with SEBI.
“Rediff.com India…

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