redbus

• Founded	August 2006
  Headquarters	Bangalore
  Founder	Phanindra Reddy Sama
  Employees	800+
  Website	Redbus.in
  Revenue	62.5 million
  Applications Available	iOS, Android, Windows Phone & BlackBerry

• redBus.in, is India's biggest online bus ticket and hotel booking company.
• 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).

How it works?

• Redbus has collaborations with various bus agencies and hotels across India. 
• Their servers are loaded with live changes of bookings from these bus agencies and hotels. 

Present scenario

• Phanindra Reddy Sama and Charan Padmaraju, the engineers from BITS Pilani who created the pioneering bus ticketing service redBus seven years ago, 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. RedBus is estimated to have a market share of 65 percent. 
• In April 2014, redBus launched hotel booking powered by ibiboGroup's back end infrastructure on its website. In August 2014, redbus teamed up with Uber ( an on-demand cab transportation application) to offer free rides to bus stops