Wednesday, 20 February 2013
Deal Alert: RedBus scouting for $20-M in PE funding
Posted on 20:13 by Unknown
Bangalore-based Pilani Soft Labs, which runs online bus ticket booking portal redBus.in, is looking at raising $20 million through the PE route. The company, started by three BITS Pilani graduates in 2005, could be planning to aggressively scale up its business. It had raised $6.5 million in Series-C funding in May 2011 from Helion Venture Partners, SeedFund and Inventus Capital Partners.
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