Yes Bank's Rekha Murthy Joins Rediff Board Amidst IPO Buzz & AI Transformation

• Ms. Rekha Murthy, a Yes Bank board member and tech veteran, has been appointed as an independent director to Rediff.com India Limited's board.
• Rediff is preparing for a potential Initial Public Offering (IPO) before Diwali 2026 and a large fundraise, with Murthy's appointment strengthening its governance and IPO-readiness.
• The company is repositioning itself as an AI-first platform, expanding into payments (RediffPay) and enterprise software (RediffOne, Rediffmail Enterprise).
• Infibeam Avenues Limited, which holds an 82% stake in Rediff, is rebranding to AvenuesAI Limited and realigning leadership, with Vishal Mehta leading strategy and Vishwas Patel overseeing operations.
• Murthy brings 35 years of global technology leadership experience from companies like IBM, Oracle, and SAP, aligning with Rediff's vision to become a global tech multinational.

Why It Matters: Rediff strengthens its board with Rekha Murthy, signaling serious intent for IPO and AI-driven growth.