Infibeam To Transfer Its Ecommerce Platform To Subsidiary Rediff For INR 800 Cr

With this deal, Infibeam will increase its stake in Rediff.com to 80%, from earlier being 54.2%

As per the company, its ecommerce SaaS platform fits well with Rediff.com existing service suite

Meanwhile Infibeam will focus on scaling CCAvenue, and Phronetic.ai