Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Twitter
Xiaomi
Adani Group
Life Insurance Corporation of India
Stock Market
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / Phanindra Sama becomes an angel investor
Business

Phanindra Sama becomes an angel investor

Phanindra Sama becomes an angel investor
Written by Sripriya Yegneswaran
May 12, 2015, 08:13 am 3 min read
 Phanindra Sama becomes an angel investor

redBus co-founder Phanindra Sama is nowadays playing the role of an angel investor to help many startups and entrepreneurs. He made his exit from his own company when it was acquired by Naspers in 2013. Sama believes that innovation and a great dedicated team are all that a startup requires to catch his attention for investment.

25 Sep 2011
redBus rolls to the top

The enormous success of the bus ticket portal - redBus has become the talk of the town. The site is selling over 20,000 seats per day which is highest after the railway booking website. Relying only on the awareness spread by its satisfied customers, the company is in talks with a few more govt. cooperations to sign them up to expand their horizons further.

21 Jun 2013
Deal Sealed: Ibibo acquires redBus

In one of the biggest overseas Internet deals, Ibibo, a subsidiary of Naspers has bought redBus.in to facilitate and add to its already existing travel services. The amount has not been disclosed by the companies. All the redBus employees along with the founders are expected to retain their positions in the company; it will be continued as an independent entity.

12 Jun 2014
New CEOs takeover as founders make their exits

Prakash Sangam has taken over from Phanindra Sama, the co-founder of redBus.in as the new Chief Executive Officer. Ibibo, the company which acquired redBus has also appointed Rohan Patnaik as the head of supply and operations and Anoop Menon as the head of engineering functions at redBus.

13 Jun 2014
New ideas of the new CEO to expand redBus

Prakash Sangam, the new CEO of Ibibo acquired redBus.in said in one of the interviews that redBus may extend its domain by selling hotel services to its customers as a part of its growth in the industry. He promises to make redBus a known brand in the Online Travel Space by launching new products and services to attract more customers.

17 Jun 2014
New feather in redBus’ cap

ICICI Lombard has tied up with redBus.in to offer domestic travel insurance for all its commuters commuting within India through the purchase of online insurance cover. The company will cover hospitalization charges upto Rs. 20,000 and Rs 5 lakh for a personal accident along with a Rs. 2,000 as the total baggage loss under the insurance cover.

16 Jul 2014
Crisis following the redBus sale story

The redBus sale to the South African giant, Naspers may have been a happy deal for its founders but it disappointed most of the employees. Many of the employees felt betrayed and cheated on by Sama and Sama himself was deeply disappointed due to the misunderstandings and rumours.

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Sripriya Yegneswaran
Sripriya Yegneswaran
Mail
#TaskMaster #KnowsItAll
Latest
Latest
Your guide to traveling to Spiti Valley
Your guide to traveling to Spiti Valley Lifestyle
Fourth-generation Hyundai TUCSON breaks cover in India; launch in late-2022
Fourth-generation Hyundai TUCSON breaks cover in India; launch in late-2022 Auto
IPL 2022 playoffs: All you need to know
IPL 2022 playoffs: All you need to know Sports
IPL 2022: MI end DC's journey; RCB qualify for playoffs
IPL 2022: MI end DC's journey; RCB qualify for playoffs Sports
J&K tunnel collapse: 10 bodies retrieved; negligence case registered
J&K tunnel collapse: 10 bodies retrieved; negligence case registered India
Next News Article
Next News Article

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022