redBus

Bengaluru, India Founded: 2006 • Age: 20 yrs Minicorn Acquired By Ibibo Group
Bus tickets are booked online via portal and mobile app.

About redBus

redBus is a Travel & Hospitality company based in Bengaluru (India) founded in 2006, and was acquired by Ibibo Group in June 2013. Bus tickets are booked online via portal and mobile app. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. redBus has raised $10 million across 3 funding rounds from investors including Ibibo Group, Athera Venture Partners and Seedfund. redBus was last valued at $30.31 million in March 2011. Its website redbus.in draws about 19.4 million monthly visits. redBus offers products and services including Bus Ticket Booking Platform and redDeals. Its focus areas include Consumer, Road Transport Tech, Mass Transit and Bus. Its legal entity in India is Pilani Soft Labs Private Limited (U72200DL2006PTC271373). Its competitors include IntrCity SmartBus, Cityflo and AbhiBus; 3 of its 3 listed competitors have raised funding.

Company details

redBus is a consumer-facing travel brand enabling customers to buy tickets on the internet and mobile. The company partners with bus operators and enables travelers to book inter-city bus tickets and hire buses. The company also added hotel booking capabilities. Owned around 70 of the market share in online bus ticketing. Its mobile app is available for download across Android, iOS and Windows devices. Launched a pilot project for dynamic pricing in Ahmedabad with cheap tickets for early birds. Planning to expand its global footprint by launching operations SEA LATAM countries. Acquired by Ibibo Group in June 2013.

  • Headquarters Bengaluru, India
  • Stage Acquired
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Website category Travel and Tourism · Transportation and Excursions
  • Email
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  • Phone
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  • Website redbus.in
  • Social LinkedIn X Facebook Instagram
  • Acquired by Ibibo Group (Jun 2013)
  • Legal Name Pilani Soft Labs Private Limited
  • Date of Incorporation 04 Aug, 2006
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Total Equity Funding
    $10M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.5M (USD), Series C

    Mar 2011

  • Investors
  • Acquired by
    Ibibo Group

    (Jun 2013)

Products & Services of redBus

redBus offers a comprehensive portfolio of products and services, including Bus Ticket Booking Platform and redDeals.

Bus Ticket Booking Platform
Ecommerce

Online service for booking bus tickets and selecting seats.

redDeals
Discount Service

Offers discounts and deals on bus ticket bookings.

Apps and channels of redBus

redBus publishes 1 mobile app with over 50M+ downloads.

redBus Book Bus, Train Tickets
Google Play Travel & Local Everyone Free 50M+ downloads
Developer: redBus - Bus, Ferry, Train, IRCTC Auth. Partner
View on Google Play

Funding Insights of redBus

redBus has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $6.5 million completed in March 2011. 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.

  • Total Funding $10M
  • Total Rounds 3
  • Last Round Series C β€” $6.5M
  • First Round $1M

    (Jul 2007)

  • Investors Count 5

All 3 funding rounds of redBus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2011$6.5MSeries C$30.31MHelion Venture Partners
Jun 2009$2.5MSeries A$11.61MSeedfund, Athera
Jul 2007$1MSeed$β€’β€’β€’β€’β€’Seedfund
–
Valuation history
DateValuationStage
Mar 2011$30.31Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2009$11.61Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of redBus

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Last known valuation $30.31M (Mar 2011). 6 investors in total: 5 institutional and 1 angel.

Investors in redBus

redBus has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ibibo Group, Athera Venture Partners and Seedfund.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early to late-stage venture capital is invested in Indian sectors.
helionvc.comGurugram, India
Early-stage venture capital funding and support for Indian startups.
2006seedfund.inMumbai, India
Early-stage venture capital investments are provided by Athera.
2008atheravp.comBengaluru, India
Early-stage investments are targeted by Inventus Capital Partners.
inventuscap.comBurlingame, United States
Multiple online travel services are offered across various verticals.
2007ibibo.comGurugram, India

Neeraja Reddy

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Investor details for redBus

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Verified entity values are shown only after access is granted.

Board of directors of Pilani Soft Labs Private Limited (redBus)

Pilani Soft Labs Private Limited is the primary company behind redBus. The boards of the 2 registered companies of redBus currently have 8 directors; the longest-serving is Wayne Gary Benn, appointed in 2013. 36 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Wayne Gary Benn
DIN 06611967
Nominee Director24 Jun 201313 yrs 4 moPilani Soft Labs Private Limited
Ashish Kashyap
DIN 00677965
Director09 Aug 201313 yrs 2 moPilani Soft Labs Private Limited
Leroux Neethling
DIN 01320423
Director09 Aug 201313 yrs 2 moPilani Soft Labs Private Limited
Pankaj Jain
DIN 03258070
Director09 Aug 201313 yrs 2 moPilani Soft Labs Private Limited
Oliver Minho Rippel
DIN 03493750
Director09 Aug 201313 yrs 2 moPilani Soft Labs Private Limited
Munish Monga
DIN 08651287
Director27 Dec 20196 yrs 10 moRedbus India Private Limited
Vinod Rathore
DIN 09002750
Director18 Dec 20205 yrs 10 moRedbus India Private Limited
Prakash Venkateswaran Sangam
DIN 08185389
Whole-time director01 Mar 20233 yrs 8 moRedbus India Private Limited

Timeline of redBus

5 dated milestones of redBus across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded redBus is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $6.5M.
  5. Exit Acquired by Ibibo Group.

Competitors of redBus

redBus has 3 listed competitors in our database, 3 of them funded. They include IntrCity SmartBus, Cityflo and AbhiBus.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
intrcity.com2011Noida, India$46.65M596
Sleeper bus tickets are provided via an online booking platform.
cityflo.com2015Thane, India$14.92M141
App-based air-conditioned bus services for office commutes are provided.
abhibus.com2008Hyderabad, India$12.87M89
Transportation tickets and accommodations are booked via an online platform.
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Detailed competitors of redBus

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Web traffic of redBus

The website of redBus (redbus.in) receives about 19.4M visits a month and ranks #1,951 among all websites worldwide, #44 in Transportation and Excursions.

  • Monthly visits
    19.4M

    ▼ 14% vs previous month

  • Unique visitors
    9.7M

    per month

  • Global rank
    #1,951

    among all websites

  • Category rank
    #44

    Travel and Tourism · Transportation and Excursions

Similar websites

Websites whose visitors overlap most with redBus. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
abhibus.com
100%
6.9M#7,347View details
makemytrip.com
98%
42.1M#791View details
goibibo.com
82%
16.3M#2,741View details
irctc.co.in
75%
74.2M#425View details
ixigo.com
69%
11M#3,451View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for redBus

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Top companies in Online Travel

3 companies that operate in the same segment as redBus (Online Travel) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B399
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M425
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Related news about Redbus

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Frequently Asked Questions about redBus

redBus was founded in 2006 and raised its 1st funding round 1 year after it was founded.

redBus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

redBus is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 2007.

redBus is a consumer-facing travel brand enabling customers to buy tickets on the internet and mobile. The company partners with bus operators and enables travelers to book inter-city bus tickets and hire buses. The company also added hotel booking capabilities. Owned around 70 of the market share in online bus ticketing. Its mobile app is available for download across Android, iOS and Windows devices. Launched a pilot project for dynamic pricing in Ahmedabad with cheap tickets for early birds. Planning to expand its global footprint by launching operations SEA LATAM countries. Acquired by Ibibo Group in June 2013.

redBus's top competitors include Cityflo, AbhiBus and IntrCity SmartBus.

redBus offers Bus Ticket Booking Platform and redDeals.

redBus has 6 investors. Key investors include Ibibo Group, Athera Venture Partners, Seedfund, Helion Venture Partners, and Neeraja Reddy.

The valuation of redBus is $30.31M as of Mar 2011.

redBus is associated with 2 legal entities: Pilani Soft Labs Private Limited, Redbus India Private Limited.

Yes. redBus was acquired by Ibibo Group in June 2013.

The legal entities of redBus currently have 9 directors, including Vinod Rathore, Munish Monga, Prakash Venkateswaran Sangam and others.

Yes. redBus publishes redBus Book Bus, Train Tickets, with over 50 million downloads.

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