๐๐ผ๐ ๐ฑ๐ถ๐ฑ ๐๐ต๐ถ๐ ๐ฝ๐ฒ๐ฟ๐๐ผ๐ป ๐ฐ๐ผ๐ป๐๐ฒ๐ฟ๐ ๐ต๐ถ๐ ๐๐ฟ๐ฎ๐๐ฒ๐น ๐ป๐ฒ๐ฒ๐ฑ ๐ถ๐ป๐๐ผ ๐ฎ ๐ด๐ถ๐ฎ๐ป๐ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐? it's about ๐ฟ๐ฒ๐ฑ๐๐๐ !! redBus was founded in 2006 by Phanindra Sama, Charan Padmaraju, and Sudhakar Pasupunuri, all alumni of the Birla Institute of Technology and Science. redBus originated when Sama faced difficulties booking a bus ticket home during a festival, highlighting the need for a streamlined bus reservation system. redBus is headquartered in Bangalore, India. Facilitates bus ticket bookings through its website and mobile applications. Collaborates with over 3,500 bus operators across India, Malaysia, Indonesia, Singapore, Peru, and Colombia. Registered over 180 million trips with a customer base exceeding 20 million (as of 2019). Acquired by Ibibo Group (a subsidiary of South Africa's Naspers) in 2013. Became part of MakeMyTrip in 2017. Operates on a commission-based business model, earning between 10% to 20% on each ticket booked. Also offers hotel booking services and provides special deals and discounts to attract and retain customers. Allows users to select their preferred routes and seats, enhancing customer experience. Holds a 70% share in the Indian online bus ticketing market (as of 2018). Reported annual revenues of approximately $85 million in 2019. Boasts over 20 million users globally. Facilitated more than 180 million trips. Established partnerships with over 3,500 bus operators. Offers services across 80,000 routes. Revolutionized bus travel booking by making it more accessible and convenient for millions of travelers worldwide. Follow me vishakha Jangir for more such business insights.
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