About redBus
redBus is a company based in Bengaluru (India) founded in 2006 was acquired by Ibibo Group in June 2013. redBus has raised $10 million across 3 funding rounds from investors including Ibibo Group, Athera Venture Partners and Seedfund. redBus offers products and services including Bus Ticket Booking Platform and redDeals. redBus operates in a competitive market with competitors including Busbud, IntrCity SmartBus, Omio, FlixBus and Cityflo, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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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 Pilani Soft Labs Private Limited
- Date of Incorporation 04 Aug, 2006
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 3 rounds
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Latest Funding Round
$6.5 M (USD), Series C
Mar 14, 2011
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Investors
Ibibo Group
& 5 more
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Employee Count
Not available
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Acquired by
Ibibo Group
(Jun 15, 2013)
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Products & Services of redBus
redBus offers a comprehensive portfolio of products and services, including Bus Ticket Booking Platform and redDeals.
Online service for booking bus tickets and selecting seats.
Offers discounts and deals on bus ticket bookings.
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.
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.
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Early to late-stage venture capital is invested in Indian sectors.
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Early-stage venture capital funding and support for Indian startups.
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Early-stage venture capital investments are provided by Athera.
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Investor details for redBus
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Investments & Acquisitions by redBus
Investment portfolio details for redBus
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Financial Statements - redBus
Detailed financials for redBus
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Redbus Comparisons
Peer comparison for redBus
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Competitors of redBus
redBus 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 Busbud, IntrCity SmartBus, Omio, FlixBus and Cityflo, among others.
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App-based platform for booking bus tickets
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Sleeper bus tickets are provided via an online booking platform.
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App-based platform for booking transport services
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Bus tickets are booked via an app-based platform.
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App-based air-conditioned bus services for office commutes are provided.
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Detailed competitors of redBus
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Latest news on Redbus
Complete news archive for 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.
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 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.