New Delhi, Dec. 20 -- Rediff.com India Limited, an AI-focused platform company preparing for a large fundraise, has appointed Rekha Murthy as an independent director to its board, strengthening its governance framework as it expands into payments and enterprise software.

According to company information, the appointment comes at a time when the company is evaluating capital-raising options, including a potential initial public offering. Rediff may file its Draft Red Herring Prospectus in the coming months, with the IPO likely before Diwali 2026, according to people familiar with the matter.

Murthy brings nearly 35 years of global technology leadership experience, having held senior roles at IBM, Oracle, SAP, and Digital Equipment Corpor...