red bus succes story

Red Success Stories

Overview in short:

          Redbus.in was founded by three engineers -- Phanindra Sama, Charan Padmaraju and Sudhakar Pasupunuri -- who studied together at the BITS, Pilani, and later worked in various companies in Bangalore.

                   Phanindra Sama, the chief executive officer of redBus.in, Last year Phanindra became the second entrepreneur from India to join Endeavor, a non-profit organization started by the Harvard alumni.

It was started in August 2006 with a few seats from one bus operator, redBus today is one of the most successful online bus ticket booking agencies. Today, it has 700 bus operators, 10,000 buses listed on it, works in 15 states and sells around 5,000 tickets every day.

How red bus started :

When an agent gets a customer, he calls a bus operator to find out whether there are tickets available. The operator looks at the chart and tells him the number of vacant seats.

Suppose there are hundreds of buses from 30 operators running from Bangalore to Hyderabad, the agents do not have access to all the operators.

The number of agents a bus operator can have is limited as he needs to identify all by phone. The agents also have only a limited number of operators to work with. Then, the customers cannot always choose the seats as there is no transparency.

Another problem is, as the fares are not published, there is no fixed fare for the customer.

But the major The problem was booking return tickets. Every time you went home, you had to call someone and ask them to book the return tickets from there.

At that time, traveling from Bangalore to Hyderabad was like traveling between two countries.

So what is missing hear transparency then phanindra think to be an engineer, I should solve this problem. I felt computers could solve these problems easily. And then redbus.in started..
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