Monthly Meeting: Presentation on 'What makes edBus one of the fastest growing companies in India?'

Date: 
Monday, December 17, 2012 - 6:30pm - 8:30pm
Location
IMA House
Kaloor
Kochi
India
Pricing: 
Rs. 400/- for TiE Kerala Members
Rs. 600/- for Non-members
Rs. 300/- for students (special offer for students Rs. 150/- without dinner)


MONTHLY MEETING

Presentation on
“What Makes redBus one of the fastest growing companies in india ? "


Date    :  December 17, 2012 (Monday)
Venue :   IMA House, Kaloor, Kochi
Time   :  06:30pm to 08:30pm

For Registration send mail to tiekerala@yahoo.com

Dear Sir/Madam,

We have great pleasure to invite you for TiE Kerala Monthly Meeting on Monday, 17th December’ 12 at IMA House, Kaloor, Kochi from 06:30PM to 08:30PM followed by Networking Dinner. The highlight of the evening will be a Presentation on “What makes redBus one of the fastest growing Companies in India” by Mr. Phanindra Sama, CEO, redBus


About redBus

Like all innovations, redBus too has a very interesting story. All the founders were friends from their student days at BITS Pilani and all of them used to work in Bangalore (Sometime in 2005) with top IT MNCs like IBM, Texas Instruments, Honeywell, etc. Borne out of his own personal experience of not being able to secure a bus ticket to go to his native place during Diwali, one of the founders thought of the possibility of providing consumers the convenience of booking bus ticket over internet. The idea was compelling as, at that time, internet was being voted as a medium people couldn’t do away with.

He shared his thoughts with his friends and all of them were excited about the concept. After the initial discussion with their stakeholders like bus operators, consumers and venture capitalists to gauge how well the concept could do and after getting positive responses, all of them quit their highly paying job and started redBus. TiE Bangalore was their initial mentor and redBus is ever grateful for the highly supportive role played by them.

It was easy to market the concept and it took a few months for things to fall in place. People started using the website and user interface lead the concept spread fast through word of mouth. To cut a long story short, redBus has come a very long way from days of struggle to days of growth. It has the largest number of tie-ups (and growing) with bus operators and a large and satisfied customer base. What started as team of three grew into team of 50 within 9 months. The rest is history. Today, redBus is one of the fastest growing internet companies in India.

redBus was amongst Forbes top 5 startups to watch in 2010. redBus was ranked no#1 amongst the fastest growing companies in India in a survey done by All World Network and was also awarded India’s best internet startup, 2010 by IMAI.

Kindly go through the article in BusinessLine on redBus
http://www.thehindubusinessline.com/industry-and-economy/article2484753.ece

About the Speaker

Mr. Phanindra Sama “Phani” is Co-Founder & CEO of redBus.in, India’s largest bus ticketing company. Founded in Aug. 2006, redBus today has operations across 22 states and offers services for ~19,000+ routes and has built relationship with about 700+ bus operators and 40,000+ travel agents.

Phani is ranked no# 3 amongst India’s Most Promising Entrepreneurs by Business World. He has been chosen as a Global Shaper 2011 of the World Economic Forum. He was awarded Entrepreneur of the year award under IT, ITES category by ET NOW and the BITSAA 30 under 30 award. He is also selected as Endeavor Entrepreneur (www.endeavor.org) and TiE Entrepreneur (www.tie.org).

He was a State ranker in Intermediate examination, Andhra Pradesh Sr. Secondary Board, graduated with distinction from BITS-Pilani, and worked with Texas Instruments, Bangalore before he co-founded redBus.

Registration for participation can be made at the venue or preferably by sending a mail to tiekerala@yahoo.com. Entrepreneurs/Professionals who are not members of TiE Kerala are also welcome.

With Kind Regards
WgCdr K. Chandrasekhar
Executive Director
TiE Kerala
Mob: +91 93886 16559 / PH: +91 484 3248735

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