redBus Overview
- Year Founded
-
2006
- Status
-
Acquired/Merged
- Employees
-
1,100
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$140M
redBus General Information
Description
Operator of an online bus ticketing platform intended to book tickets on the Internet, on mobile, and through call centers. The company's platform offers inventory management solutions for bus operators and provides customers with convenient bus travel with discounts, seat selection, pick-up and drop-off selection, and live alerts, thereby enabling users to book bus tickets online at competitive prices.
Contact Information
Website
www.redbus.in(Operating Subsidiary)
Corporate Office
- 3rd Floor, Tower B1
- Golden Enclave, HAL Old Airport Road, Murgesh Pallya
- Bangalore, Karnataka 560071
- India
Corporate Office
- 3rd Floor, Tower B1
- Golden Enclave, HAL Old Airport Road, Murgesh Pallya
- Bangalore, Karnataka 560071
- India
redBus Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 22-Jun-2013 | $140M | Completed | Generating Revenue | ||
| 6. Later Stage VC | 01-May-2012 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 01-May-2011 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | Completed | Product Development | ||||
| 3. Early Stage VC (Series A) | 06-Jul-2009 | Completed | Product Development | |||
| 2. Seed Round | 01-Jan-2007 | $1M | $1.01M | Completed | Startup | |
| 1. Capitalization | 01-Aug-2006 | $10.8K | $10.8K | Completed | Startup |
redBus Comparisons
Industry
Financing
Details
redBus Competitors (17)
One of redBus’s 17 competitors is Zoonga, a Formerly VC-backed company based in Pune, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zoonga | Formerly VC-backed | Pune, India | ||||
| Easy Trip Planners | Corporation | New Delhi, India | ||||
| Expedia (UK) | Corporation | London, United Kingdom | ||||
| TicketNew | Corporate Backed or Acquired | Chennai, India | ||||
| Abhibus | Formerly Angel backed | Hyderabad, India |
redBus Signals
redBus Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Athera Venture Partners | Venture Capital | Minority | ||
| Helion Venture Partners | Venture Capital | Minority | ||
| Inventus Capital Partners | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Seedfund | Venture Capital | Minority |
redBus Acquisitions (1)
redBus’s most recent deal was a Merger/Acquisition with Busportal. The deal was made on 11-Jul-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Busportal | 11-Jul-2016 | Merger/Acquisition | Information Services (B2C) |
redBus FAQs
-
When was redBus founded?
redBus was founded in 2006.
-
Where is redBus headquartered?
redBus is headquartered in Bangalore, India.
-
What is the size of redBus?
redBus has 1,100 total employees.
-
What industry is redBus in?
redBus’s primary industry is Other Restaurants, Hotels and Leisure.
-
Is redBus a private or public company?
redBus is a Private company.
-
What is the current valuation of redBus?
The current valuation of redBus is .
-
What is redBus’s current revenue?
The current revenue for redBus is .
-
How much funding has redBus raised over time?
redBus has raised $12.1M.
-
Who are redBus’s investors?
Athera Venture Partners, Helion Venture Partners, Inventus Capital Partners, , and Seedfund have invested in redBus.
-
Who are redBus’s competitors?
Zoonga, Easy Trip Planners, Expedia (UK), TicketNew, and Abhibus are some of the 17 competitors of redBus.
-
When was redBus acquired?
redBus was acquired on 22-Jun-2013.
-
Who acquired redBus?
redBus was acquired by Makemytrip India.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process