REDBUS - No.1 Online Bus Ticket Booking Company In India
Redbus is one of the online bus tickets booking company. Founded in 2006, headquartered in Bangalore, founded by Phanindra Sama, Charan Padmaraju, sudhakar Pasupunuri. Redbus is India's largest online bus ticketing platform that has transformed bus travel in the country by bringing ease and convenience to millions of Indians who travel using buses. Redbus is a part of India's leading online travel makemytrip. By providing huge choices, excellent customer service, cheapest price, Redbus served over 8 million customers. Redbus's wings are flying across Malaysia, Singapore, Indonesia, Colombia and Peru apart from India.
Redbus offers simple and easy bus tickets booking app. It is running over many routes and many operators. Redbus offers currently 70,000 bus routes with 2300 operators. This app is available on both android and iOS. You can also use Redbus bus coupons to get discount on booking bus ticket in Redbus. If you use spend little time to find out the bus ticket coupons, you can really save good amount of money from your traveling expenses through Saveji. Redbus offers best user-friendly app to book a tickets on easy way. And it is quick, simple and safest platform on booking without any hassle.
Redbus is a private company and currently runs under the parent company “Ibibo web Pvt. Ltd.” Since Jun 2013. Redbus's latest funding round was a series C for $6.5M on May 2011. Redbus founders are sold their stake in the venture to the Ibibo Group for $110 million, a subsidiary of South Africa's Naspers. China's Tencent holds a 20% in Ibibo Group. Ibibo adds Redbus to its exiting travel assets that include Goibibo.com. Redbus sells more than a million tickets a month and has over 640 employees.
The Redbus app was launched in April 2013 and has so far crossed two million downloads across its three platforms – Android, iOS and windows. Redbus completed its first million downloads in 18 months and next million came in just four months' time. In early 2014, the company had launched a campaign called “My Seat, My Redbus” highlighting the seat-selection feature of the app. According to the founders, the earlier ad was only about how easily people can choose their preferred seats while booking a ticket on Redbus.
Redbus is focusing on their mobile customer's comfort. They are fulfilling the customer's needs by using key product features.
Real time travel tips
Live tracking on mobile phones
Directions to boarding points
Suggestions about best dropping points
One-touch payment and cancellation
ADVANTAGES OF BOOKING THROUGH REDBUS:
By booking tickets in India's largest company contains many advantages, there are:
You can select your best seats like sleeper, semi-sleeper
You can book your bus tickets online, by phone or in person
You can choose from over 2300+ bus operators
You can choose from buses based on boarding points, timing and bus type
Redbus runs on a revenue model. It charges commission from the bus operator on every ticket booked through their platform. The commission is approximately 10-20% based on the value of the card being sold.
REVENUE IN REDBUS:
Initially, Redbus started with Rs. 500000 with the saving of the trio co-founders. They used to work in their house and used house as office. The trio went to TiE, Bangalore with the business plan and TiE allotted them three genius to guide on the project. In 2006, they are not getting any profits. In 2008, Redbus got a huge success with a Rs, 5 crore profit. By 2009, the company grew six times with the turnover of Rs. 30 Crore. In Mar 2010, it was a smashing 60 crores, and now with 2 crore users and 30,000 plus outlets making avail for 80,000 routes with 2300 bus operators in 24 states.
Earns revenues by charging a commission for each successful sale made through its systems. Revenue as commission or fee from each travel supplier, through advertising.
Business world – top 3 enterprises in India
Forbes - top 5 hottest start-ups
Deloitte – top 5 fastest growing companies in India
All world Network – India's fastest growing company
Star award achiever – Youth Marketing forum.
Redbus offers lot of payment options to their customers to make and keep the payment as simple as possible. The various ways of payment methods are:
Wallets [Paytm/Phonepe/Mobikwik, etc.]
100% money will be refunded to customers in any type of problems like bus/operator or partner issues etc.
SWOT means Strengths Weaknesses Opportunities Threats.
Largest network of Bus Operators
Early mover advantages
High level of customer satisfaction
Seasonal disturbances in demand
Vertical Integration with procurement of buses.
Global expansion into overseas markets
Increasing number of players in the online booking segment
Un organized market in non-metro cities.
MISSION OF REDBUS:
To solve the inefficiencies in the Indian bus industry by marketing and ticketing more transparently to customers.
MERITS & DEMERITS OF OFFLINE & ONLINE TICKET BOOKING:
Hassle- free bus booking from anywhere & anytime.
Hassle of reaching bus counter & waiting in long queues.
CHOICE OF SELECTION:
Wide choice of bus seats, bus types & operators.
CHOICE OF SELECTION:
Not much choice suiting your preference
Great deals & cashbacks on bus ticket bookings through Saveji
No deals & offers
Unique benefit for women seat selection
No benefits for women
Customer care assistance
No friendly assistance.
FEW OF RTC's BUS OPERATORS:
Redbus offers 24*7 customer care center to help and resolve their customer issues and queries. This includes ticket confirmation, cancellation, tracking the bus details, and refund the amounts.
To reach the Redbus customer care executive:1860 3001 0101
For Bus booking queries: +60-330992524, email@example.com
For Feedback/services: +60-330992524, firstname.lastname@example.org