Have a look at the video presentation by the founder Mr Phani of Redbus who gives out his ideas that why mentoring is a must to become a big enterprise. Do spend some time listening to this video as it is worth a watch for all the upcoming entrepreneurs as it will provide you keep going ahead even in difficult times.
Redbus has been bought by Ibibo group with ibibo Group announcing that it has executed a binding agreement to acquire redBus for an undisclosed amount. The amount as per industry estimates can be close to Rs 800 crore ($138 million).
As an Indian entrepreneur we are of the view that Redbus has done the right thing by cashing out with Ibibo as they were finding it difficult to raise fresh funds.