Rediff.com

Infibeam transferring e-commerce biz to subsidiary Rediff

Infibeam transferring e-commerce biz to subsidiary Rediff

08 Aug 2025, 17:00 PM

As part of this Rs 800 crore 'related-party transaction' deal, Infibeam is also increasing its stake in Rediff to 82.7%.

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

Lizzie Chapman quits Reliance-backed API infra company Swiffy Labs

Lizzie Chapman quits Reliance-backed API infra company Swiffy Labs

20 Feb 2025, 23:08 PM

Chapman co-founded Swiffy Labs in August 2023 after stepping down from her previous venture ZestMoney.

Infibeam Avenues’ Rediff.com secures UPI payments licence

Infibeam Avenues’ Rediff.com secures UPI payments licence

12 Feb 2025, 19:00 PM

This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  2. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  3. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  4. Meta strikes licensing deal with Midjourney

  5. OpenAI warns against unauthorized investment vehicles
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality