Bangalore based redBus recently raised $6.5 million funding (Series C) and has now announced touching 4 million seats mark this month (May 2011).
The company clocked Rs. 116.8 crores in gross bookings in the year 2010 – 2011 and has sold its SAAS product, BOSS to government owned operators in Goa and Delhi region.
Watch redBus’ founder, Phanindra Sama sharing the redBus story at UnPluGGd, India’s finest startup event.
Do you think redBus is an IPO story in making?