Top News

RedBus records Rs 116.8 cr of gross bookings in 2010-2011, crosses 4mn seats booked

Bengalore-based RedBus.in, an online bus ticketing service owned
by Pilani Soft Labs has crossed 4 million seats mark in May 2011. The company has also recorded over Rs 116.8 crore in gross bookings in the year 2010-2011. The company
had recently raised $6.5 million in Series C funding from existing investors
Helion Venture Partners, Inventus Capital and Seedfund.

Bengalore-based RedBus.in, an online bus ticketing service owned
by Pilani Soft Labs has crossed 4 million seats mark in May 2011. The company has also recorded over Rs 116.8 crore in gross bookings in the year 2010-2011. The company
had recently raised $6.5 million in Series C funding from existing investors
Helion Venture Partners, Inventus Capital and Seedfund.

Phanindra Sama, CEO and Co-founder, RedBus, said
“We are indeed delighted to announce that RedBus has crossed the 4 million
seats mark. This accomplishment stands testimony to the fact that customers
find value in our unique features and hassle-free service. We will continue to
strive to serve our customers with a constantly enhanced and convenient
service.”

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close