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Valuation

$110M

2019 Revenue

$85M

Customers

20M

Funding

$10.1M

Avg ACV

$4

Team

990

Founded

2006

How redBus.in CEO Prakash Sangam grew redBus.in to $85M revenue and 20M customers in 2019.

The company that owns RedBus.com is redBus.in, which is an Indian online bus ticketing platform founded in 2006. It was acquired by the Ibibo Group in 2013, which is a subsidiary of South African technology group Naspers. RedBus.com allows users to search and book bus tickets for routes across India, as well as in other countries such as Singapore, Malaysia, Indonesia, and Peru. It has become one of the leading online bus ticketing platforms in India, with a strong focus on user convenience and safety.

Last updated

redBus.in Revenue

In 2019, redBus.in's revenue reached $85M. Since its launch in 2006, redBus.in has shown consistent revenue growth.

redBus.in Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M$100M20062008201020122014201620182019$0$85MSource: GetLatka.com
YearMilestone
2019redBus.in Hit $85m revenue in December 2019
2006Launched with $0 revenue

redBus.in Valuation, Funding Rounds

redBus.in's most recent disclosed valuation is $110M.

redBus.in has raised $10.1M in total funding across 4 rounds, with its most recent round in 2012.

redBus.in Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$5M$8M$10M$13M20062007200820092010201120122006 cumulative: $0 • 2006 Founded: $02007 cumulative: $1M • 2006 Founded: $0 • 2007 Funding round: $1M2009 cumulative: $4M • 2006 Founded: $0 • 2007 Funding round: $1M • 2009 Funding round: $3M2011 cumulative: $10M • 2006 Founded: $0 • 2007 Funding round: $1M • 2009 Funding round: $3M • 2011 Funding round: $6M2012 cumulative: $10M • 2006 Founded: $0 • 2007 Funding round: $1M • 2009 Funding round: $3M • 2011 Funding round: $6M • 2012 Funding round: $210K$10M2006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2012Funding round$210K--
2011Funding round$6.4M--
2009Funding round$2.5M--
2007Funding round$1M--

redBus.in Employees & Team Size

redBus.in employs approximately 990 people as of 2026.

redBus.in has 990 total employees in different roles and functions. They have 20M customers that rely on the company's solutions.

redBus.in Team GrowthReported headcount over time02505007501,0001,25020062008201020122014201620182020202100990990Source: GetLatka.com
YearMilestone
2021Reached 990 employees (April 2021)

Founder / CEO

Prakash Sangam

Prakash Sangam has been Chief Executive Officer of redBus since June 2014. Prior to redBus. He served as an Executive Vice President of Info Edge India (Naukri group), heading two group businesses namely Shiksha.com and Jeevansathi.com. He’s also worked as General Manager of Marketing and Innovation at Airtel and has also had multiple roles acrossMarketing, Brand Management and Sales at Hindustan Unilever. Prakash has completed his MBA from IIM Calcutta and also holds an Honours degree in Production Engineering from Mumbai University.

Q&A

QuestionAnswer
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Customers

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Frequently Asked Questions about redBus.in

What is redBus.in's revenue?

redBus.in generates $85M in revenue.

Who founded redBus.in?

redBus.in was founded by Prakash Sangam.

Who is the CEO of redBus.in?

The CEO of redBus.in is Prakash Sangam.

How much funding does redBus.in have?

redBus.in raised $10.1M.

How many employees does redBus.in have?

redBus.in has 990 employees.

Where is redBus.in headquarters?

redBus.in is headquartered in Bangalore, Karnataka, India.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

redBus.in Revenue 2019: $85M ARR, $110M Valuation