The Startup Diaries by Jain Gagan & Jain Neeti
Author:Jain, Gagan & Jain, Neeti [Jain, Gagan]
Language: eng
Format: azw3
Publisher: Orient Paperbacks
Published: 2016-01-14T16:00:00+00:00
Obsessed about customers not competitors
redBus.in, India’s largest online bus ticket and hotel booking company. It offers around 80,000+ routes in India with over 1,500+ bus operators and reportedly has 70% of the market share in online bus ticketing.
In July 2015 redBus crossed the four-crore (40 million) number of tickets sold. It has over 2 million registered users and is rapidly approaching the $300 million GMV (gross merchandize value) mark.
redBus was acquired by the Ibibo Group, ajoint venture of South Africa’s Naspers and China’s Tencent in June 2013 for $138 million (INR 800 crore).
The company is now looking to expand into hotel and taxi bookings.
Like all start-ups, redBus too has a very interesting story to tell. Read on…
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