Overview

• Profit after tax climbed to Rs 85.50 crore in the June quarter as AI-driven pricing control boosted monetisation across its fintech offerings
• The board approved a Rs 800.39 crore slump sale of the e-commerce platform to Rediff.com India Ltd, with Rs 400 crore in cash and Rs 400.39 crore in fresh equity shares
• Pending shareholder sign-off, the deal will raise Infibeam’s holding in Rediff to about 82.7% from 54.1%
• Rediff will integrate the acquired platform into its RediffOne enterprise suite and is exploring fresh capital options, including a possible IPO
• Infibeam’s roadmap includes a global Agentic AI marketplace in Mumbai, the RediffPay UPI app for consumers and the AI-native Rediff TV media platform