{"id":840730,"date":"2024-08-03T10:09:51","date_gmt":"2024-08-03T04:39:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840730"},"modified":"2024-08-03T10:09:51","modified_gmt":"2024-08-03T04:39:51","slug":"infibeam-avenues-to-acquire-54-stake-in-rediff","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/03\/infibeam-avenues-to-acquire-54-stake-in-rediff\/","title":{"rendered":"Infibeam Avenues to acquire 54% stake in Rediff"},"content":{"rendered":"<p>Gandhinagar-based fintech company Infibeam Avenues has entered into a definitive agreement to acquire a 54% stake in Rediff, one of India\u2019s oldest internet firms.<\/p>\n<p>In a filing with the BSE, Infibeam said it invested around Rs 50 crore in Rediff, split equally between equity and debt. In lieu of the investment, Infibeam will get a 54% shareholding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gandhinagar-based fintech company Infibeam Avenues has entered into a definitive agreement to acquire a 54% stake in Rediff, one of India\u2019s oldest internet firms. In a filing with the BSE, Infibeam said it invested around Rs 50 crore in Rediff, split equally between equity and debt. In lieu of the investment, Infibeam will get a 54% shareholding.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-840730","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840730"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840730\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}