redBus acquires majority stake in Peru-based Busportal

    redBus offers services of over 2,300 bus operators across 70,000 routes in India. New Delhi: Ibibo Group-owned online bus ticketing platform redBus on Monday said it has acquired a majority stake in Peru-based online bus ticketing platform Busportal (Empresa Digital Peruana S.A.C.) for an undisclosed amount. This investment in Busportal.pe will give redBus an entry […]

    redBus plans to expand global footprint in next three months

    redBus joins homegrown consumer Internet start-ups such as Practo and Zomato that have gone global. Photo: Hemant Mishra/Mint Online bus ticketing platform redBus is planning to expand its global footprint by launching operations in at least four South and Southeast Asian countries in the next three months, a top company executive said. redBus, which was […]