Infibeam Avenues CEO Announces Major Profit Surge and Strategic Business Shift
Published on: Aug. 8, 2025, 9:25 p.m. | Source: Devdiscourse
Infibeam Avenues reported a 70% profit increase in the June quarter, driven by AI-driven pricing control. The company is transferring its e-commerce platform business to Rediff.com for Rs 800.39 crore. This move will see Infibeam's stake in Rediff rise and focuses on expanding digital payments and AI innovations.
