edBus, also known as redBus.in, is India's largest online bus ticket and hotel booking company.

[2]

The company also sells tickets through offline outlets. It has offices

in Ahmedabad, Bangalore, Chennai, Coimbatore, Delhi, Hyderabad, Mumbai, Pune, Vijayawada and
Visakhapatnam. It was taken over by the Ibibo Group, a joint venture of South Africa's Naspers and
China's Tencent in June 2013 for $138 Million (INR 800 Crore).[3]
redBus' CEO, Phanindra Reddy Sama was recently selected by Endeavor as a high impact
entrepreneur.[4][5][6] Also, Businessworld voted Phanindra Reddy Sama as one of the top 5 most
promising entrepreneurs in India.[7]
Contents
[hide]

1 Progress

2 Present scenario

3 Awards and recognition

4 Products and services

o

4.1 Hotels

5 TV Commercials

6 Management Team

7 References

8 External links

Progress[edit]
RedBus has crossed the one-crore (10 Million) mark in the number of tickets sold in July 2012. It has
over 2 million registered users and is rapidly approaching the $300 million GMV (gross merchandize
value) mark. The company lays a lot of focus on keeping their costs low. In May 2013, RedBus
began running their first series of Television ads.[8]

Present scenario[edit]
Phanindra Reddy Sama and Charan Padmaraju, the engineers from BITS Pilani who created the
pioneering bus ticketing service redBus in August 2006, have sold their stake in the venture to the
Ibibo Group, a joint venture of South Africa's Naspers and China's Tencent in June 2013.[9] redBus is
estimated to have a market share of 65 percent.[10][11] [12]

In April 2014, redBus launched hotel booking powered by ibiboGroup's back end infrastructure on its
website.[13] In August 2014, redbus teamed up with Uber (an on-demand cab transportation
application) to offer free rides to bus stops.[14]

Awards and recognition[edit]

Winner of Mobile Innovation in Travel - 2014 [Eyefortravel] [15]

Most Innovative Company of the Year - 2014 [Business Standard]

Awarded the Marico Innovation Awards - 2012 [17]

Received the Porter prize award at IFC Mint Strategy Awards 2012

redBus technology was amongst the top 5 winners of the prestigious CIO Asia Award in

[16]

[18]

Singapore in 2011 [19]

Amongst the top 5 startups to be watched in 2010 by Forbes Magazine

[20]