Indian internet company Rediff is reportedly exploring multiple fundraising options to secure up to USD 100 million (approximately ₹875 crore) as it looks to expand its offerings in enterprise email, business productivity tools and digital payments, according to sources familiar with the development.
The company, which is majority owned by fintech firm Infibeam Avenues Ltd, is said to be evaluating various routes including an initial public offering, private placement, or equity participation to raise the required capital. Sources suggest the IPO route is the most likely option the company will pursue.
The Rediff.com board is actively reviewing these possibilities and is expected to finalise the structure in the coming weeks.
When approached, Ashish Mehrota, Senior Vice President for Corporate Development at Rediff, stated, “Yes, our company explores various fundraising options from time to time. At this stage, we do not have anything specific to share, but we are evaluating options.”
According to sources, the planned investment will be directed towards expanding RediffOne, the company’s enterprise-grade email and productivity suite, as well as RediffPay, its digital payments platform.
RediffOne, launched last year, is an AI-powered productivity suite that aims to rival global platforms like Microsoft 365, Google Workspace and Zoho. The funding is expected to strengthen Rediff’s offerings in areas where Infibeam has already been investing heavily, including data centres, artificial intelligence platforms and sovereign digital services.
Currently, Rediff is the only large-scale Indian company offering an integrated productivity suite in a space dominated by Western players. The platform already supports over 20,000 businesses through Rediffmail Enterprise, along with millions of individual users on its flagship email service.
This strategic move positions Rediff to grow as a key digital infrastructure player and a homegrown alternative for Indian enterprises seeking secure and scalable digital solutions.
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