Infibeam’s Rediff secures NPCI nod for UPI payments via RediffPay

Quick Summary:

Axis Bank will serve as the payment service provider for RediffPay, enabling the platform to offer UPI-based transactions.

Infibeam Avenues acquired a 54.1% stake in Rediff.com for $3 million in October 2024, a deal that came with a change in leadership as Vishal Mehta succeeded Balakrishnan, who now serves as Chairman Emeritus.

Over the years, it diversified its offerings, launching one of India’s earliest free email services—Rediffmail—and establishing itself as a leading news and entertainment hub.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: India Services Payments Payment Rediff Policy Digital Rediffpay Platform Service Privacy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 11:20:28 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 290 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25960362

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 28 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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