Rediff's Festive Online Rakhi Store Goes Live
Now send Rakhis and gifts to your siblings across the globe
MUMBAI, India, Aug. 11, 2015 /PRNewswire/ -- Rediff.com India. Ltd (NASDAQ: REDF) ("Rediff" or "the Company"), an India-based internet company which delivers digital content and commerce services, has created a dedicated store for the Raksha Bandhan festival within its ecommerce marketplace. Rediff's online Rakhi store, rakhi.rediff.com, offers a wide variety of Rakhis and Raksha Bandhan gifts. Users can send Rakhis and Rakhi gifts from this store to any part of the world, including the U.S.A., UK, Australia or UAE, or to different regions across India.
The marketplace offers a selection of over 1.5 million products for users to choose from when choosing gifts for their siblings. The Rakhi store has listings that include gifts from the famous Indian sweet brand Ghastiram's, and other premium sweet and dry fruit brands besides products such as pooja thalis, dry fruits and gold, silver and thread Rakhis.
"Increasing international travel and social mobility have created a demand for secure online platforms that family members can use to exchange gifts even when they are abroad. Rediff.com has offered Rakhis and Rakhi gifts to the Indian market for years now and, due to the popularity of our offered products, we have taken the step to open a dedicated online store especially for the Raksha Bandhan festival. We are happy to be a part of enhancing this lovely relationship, and enable siblings to exchange gifts, no matter where they reside individually," said Vivek Sharma, Sr. Vice President, Rediff.com
About Rediff.com
Rediff.com India Ltd. (NASDAQ: REDF) is an India-based internet company which delivers digital content and commerce services. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, India and New York, USA. For additional information, please visit http://investor.rediff.com.
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Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and reflect our current expectations. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, acceptance of new products and services, the development of broadband Internet and 3G networks in India, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the Form 20-F and other reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
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