About AbhiBus
AbhiBus is a company based in Hyderabad (India) founded in 2008 by Sasya Chirra and Sudhakar Chirra was acquired by Ixigo in August 2021. AbhiBus has raised $12.87 million across 3 funding rounds from investors including Paytm, Ixigo and Goldstone Infratech. AbhiBus operates in a competitive market with competitors including MakeMyTrip, Traveloka, Ixigo, Expedia and redBus, among others.
- Headquarter Hyderabad, India
- Founders Sasya Chirra, Sudhakar Chirra
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Abhibus Services (India) Private Limited
- Date of Incorporation 16 Oct, 2008
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.52 M (USD)-53.53as on Mar 31, 2021
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Net Profit
$139.12 K (USD)120.4as on Mar 31, 2021
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EBITDA
$592.19 K (USD)387.44as on Mar 31, 2021
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Total Equity Funding
$12.87 M (USD)
in 3 rounds
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Latest Funding Round
$9.12 M (USD), Series A
Nov 06, 2015
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Investors
Paytm
& 7 more
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Employee Count
Not available
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Acquired by
Ixigo
(Aug 05, 2021)
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People of AbhiBus
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Funding Insights of AbhiBus
AbhiBus has successfully raised a total of $12.87M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.12 million completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AbhiBus
AbhiBus has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Paytm, Ixigo and Goldstone Infratech.
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Manufactures high-quality electric buses for sustainable transportation solutions.
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Digital payments, financial services, and e-commerce platforms are provided.
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Online platform providing multiple travel booking services
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Investor details for AbhiBus
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Investments & Acquisitions by AbhiBus
Investment portfolio details for AbhiBus
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Financial Statements - AbhiBus
Detailed financials for AbhiBus
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Abhibus Comparisons
Peer comparison for AbhiBus
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Competitors of AbhiBus
AbhiBus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MakeMyTrip, Traveloka, Ixigo, Expedia and redBus, among others.
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Online bookings for flights, hotels, and travel packages are facilitated.
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Multiple travel services are booked via an app-based platform.
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Online platform providing multiple travel booking services
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Online platform for booking multiple travel services
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Bus tickets are booked online via portal and mobile app.
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App-based platform for booking multiple categories of travel services
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Detailed competitors of AbhiBus
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Latest news on Abhibus
Complete news archive for AbhiBus
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Frequently Asked Questions about AbhiBus
AbhiBus was founded in 2008 and raised its 1st funding round 3 years after it was founded.
AbhiBus is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sudhakar Chirra is the current CEO of AbhiBus. They have also founded this company.
AbhiBus is a funded company, having raised a total of $12.87M across 3 funding rounds to date.
Annual revenue of AbhiBus is $3.52M as on Mar 31, 2021.
AbhiBus was founded in 2008 and is headquartered in Hyderabad, India. The platform operates in the travel sector, where bus, train, and hotel bookings are facilitated through aggregation of operators and properties. Services include comparison tools for users, real-time bus tracking, and multiple payment methods. Operations focus on enabling seamless access to transportation and lodging options across India.
AbhiBus's top competitors include MakeMyTrip, Ixigo and Traveloka.
AbhiBus has 8 investors. Key investors include Paytm, Ixigo, Goldstone Infratech, Reema Agarwal, and Alturi Naga Deepthi.