Is redBus profitable?
Absolutely! In India, far more passengers travel by buses, compared to other means of transport like trains and flights. Moreover, we are already profitable, which means it is a sustainable business. We have probably about 60 per cent of market share.
How does redBus generate revenue?
Business Model of redBus redBus’s revenue model is very simple as it charges a commission on every bus ticket you book. It charges commission from the bus operator on every ticket booked through their platform. The commission is approximately 10-20\% based on the value of the card being sold.
Who is the CEO of Red Bus?
Prakash Sangam (Jun 2014–)
redBus.in/CEO
Who owns Red Bus?
Ibibo
redBus.in/Parent organizations
What is the Commission of a bus ticket vendor in India?
It varies from operator to operator,but the minimum commission will be 9\% irrespective of bus type. But It gets high depends on availability of tickets, route and time. But Maximum is 15\%. Originally Answered: What is average commission for bus ticket vendors in India?
How to book bus tickets online in India?
Striving to reach new heights when it comes to online bus booking in India, redBus has become the right tool to use to have a smooth bus ticket booking experience. Anybody can use the official website of redBus or the user-friendly app to book their bus tickets from anywhere in the country.
What are the advantages of Redbus bus booking services?
The online bus booking services of redBus offers a plethora of advantages than it’s offline prehistoric booking modes. Firstly, booking a bus ticket through a travel agent or at a counter is in the past. People have begun to recognize the advantages of making an online bus booking.
What is a Redbus pass?
On redBus, enjoy bus online ticket services at the lowest price and get ready for a perfect vacation! redBus offers a ‘Bus Pass’ facility for selected routes and bus operators. This pass allows redBus users to save up to 25\% on travelling.