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Rediff.com (stylized as ''rediff.com'') is an Indian news, information, entertainment and
shopping Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scho ...
web portal. It was founded in 1996. It is headquartered in
Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
, with offices in
Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
, New Delhi and New York City. , it had more than 300 employees. It is one of the earliest web portals and email providers in India. When its founder
Ajit Balakrishnan Ajit Balakrishnan is an Indian entrepreneur, business executive and administrator. He is the founder, current Chairman and Chief Executive Officer of Rediff.com, an internet company based in Mumbai. He was Chairman of the Board of Governors ...
launched Rediff on the NeT, the internet was barely five months old in the country, and had a total of about 18,000 users.


History

The Rediff.com domain was registered in India in 1996. Early products included the email service Rediffmail and Rediff Shopping, an online marketplace selling electronics and peripherals. In 2001, Rediff.com was alleged to be in violation of the Securities Act of 1933 for filing a materially false prospectus in relation to an IPO of its
American depositary share An American depositary receipt (ADR, and sometimes spelled ''depository'') is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. Shares of many non-U.S ...
s. The case was resolved by settlement in 2009. In April 2001, Rediff.com acquired the '' India Abroad'' newspaper. In 2007, Rediff iShare, a multimedia platform, was released. In 2010, Rediffmail NG was launched, an email service for mobile platforms. In 2012, Rediff launched its Android App for Rediff News. In April 2016, the company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.


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* {{Use dmy dates, date=August 2022 Companies based in Mumbai Companies formerly listed on the Nasdaq Indian companies established in 1996 Online companies of India Internet properties established in 1996 Mass media companies of India Software companies based in Mumbai Web portals Webmail 1996 establishments in Maharashtra