Founded in 2006 by former Texas Instruments executive and BITS Pilani alumni Phanindra Sama, RedBus is India’s biggest bus service aggregator, provides bus ticketing services online. The company pioneered the concept of online bus ticketing and connects bus operators with travelers.
What Redbus offers
- You can choose your seat
- You can book your bus tickets online, by phone, or in person
- You can get your tickets home delivered and pay by cash on delivery
- You can choose from over 350 bus operators
- You can choose from buses based on boarding points, timing and bus type cash on delivery
redBus raised $6 million in Series C funding from existing investors Helion Venture Partners, Inventus Capital and Seedfund earlier this year. This takes the total venture capital raised by the company to $9.5 million.
The company is aiming for $33.3 million revenues this fiscal, Sama told VCCircle in an interview.