redBus Expands Its Operation To Malaysia And Singapore

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redBus Expands To Malaysia and Singapore

The bus ticketing venture redBus.in has stepped out of India and launched it services in Malaysia and Singapore. The users can book the tickets on Android and iPhone apps as well as on the Web through the website redBus.sg. The Ibibo Group which operates redBus.in has said that it is the first expansion of redBus and now would facilitate the people in these countries to book their bus tickets on the go.

This expansion is a part of Ibibo’s “redBus global platform” which supports multiple currencies, languages, time-zones and payment systems.Tourists from India can make bookings on the service in rupees, while Singapore dollars (SGD) and Malaysian ringgits (MYR) are also accepted.

The service aggregates over 100,000 seats on 5,700 bus routes in Singapore and Malaysia on a daily basis, spanning multiple bus operators

“We are very excited about this launch. This is yet another milestone in ibibo’s journey. Ever since the acquisition of redBus in 2013, we have worked hard to build out the new global platform, mobile apps and a solid management and technology team led by Prakash,” said Ashish Kashyap, Founder & CEO of ibiboGroup.

Ibibo Group acquired redBus in June 2013 and ever since the acquisition it has worked hard to build a global platform and a solid management and technology team which has resulted in a 80% year-on-year growth rate of redBus. Currently it holds close to 75% of the market share and 40% of the transactions come from mobile devices.

Engineering student by education and Entrepreneur by choice. Asish is a TCS Best Student Awardee, NDTV featured student entrepreneur and International School of Entrepreneurship Education awardee. He also worked with many startups and big companies for their business development and strategical growth. Asish has been heading The Startup Journal since its inception in 2014.