Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 6)

Sramana: Did you keep your jobs the entire time? Phanindra Sama: Yes, we did keep our jobs. One member of our team did the majority of the work developing the technology. Randomly he stopped going to the office because he was so obsessed with building the software.

Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 5)

Sramana: What was the next step in the development of redBus? Phanindra Sama: We split up our work. When it came to creating the technology, we realized that none of us knew the technology. We did not know databases, Java, or any of the core aspects of building a Web application.

Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 4)

Sramana: After you had talked with bus operators and travel agents, what was your next step? Phanindra Sama: I thought about the problem and then how to create the solution. On the software side, I knew there would be various different types of people accessing the system and it had to be done by a

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Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 3)

Sramana: You identified a significant number of problems in bus travel. Which problem did you think was the biggest? Phanindra Sama: The biggest problem of all was that people could not buy return tickets. Every time I arranged a bus to visit my parents I had to call them and have them book a return

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Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 2)

Sramana: What led you to leave a job that you loved at TI to start redBus? Phanindra Sama: One holiday in 2005 I planned my trip home to see my parents very late because I had been busy with work. I was very accustomed to traveling by bus, and I used to take several buses

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Building The Largest Online Bus Ticketing Company in India: redBus.in Co-founder and CEO Phanindra Sama (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Phanindra Sama, otherwise known as Phani, is the co-founder and CEO of redBus. redBus is India’s largest bus ticketing company and a Forbes Top 5 Startup in 2010. Phani has a BE in electrical engineering from Birla Institute of Technology and Science. Prior to founding redBus,

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Business Incubators: The Morpheus (Part 7)

By guest authors Praveen Karoshi and Prashant Sachdev Portfolio Companies’ Experiences [In this final installment, Prashant talks with three entrepreneurs who have worked with The Morpheus.] In conversation with Lifemojo founder Namit Nangia Prashant: When and how did you start with The Morpheus? Namit: Lifemojo was born about two years ago, and we enrolled with

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Business Incubators: The Morpheus (Part 6)

By guest authors Praveen Karoshi and Prashant Sachdev Prashant: If you have to assign a monetary number to the full range of services that incubator provides, how much would it be per company? Nandini: Less than $100,000. Prashant: Can you share revenue numbers of companies before and after incubation?