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AbhiBus - About the company

AbhiBus is an acquired company based in Hyderabad (India), founded in 2008 by Sudhakar Chirra and Sasya Chirra. It operates as an Online platform providing bus, flight, train, and hotel booking services. AbhiBus has raised $12.9M in funding, with last known valuation of $*****. The company has 130 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like redBus, Zingbus and Omio.

Company Details

Online platform providing bus, flight, train, and hotel booking services. It offers options for travellers to plan and manage journeys. The platform focuses on simplifying travel arrangements. It provides access to various travel-related services.
Social
XFacebook
Email ID
*****@abhibus.com
Phone Number
+91 **********
Registered Address
Workafella Cyber Crown, Plot No C3, 20 21 Sector 2 Huda Techno Enclave Madhapur, Serilingam, pally, Hyderabad, Hyderabad, Telangana, India, 500081
Key Metrics
Founded Year
2008
Location
Hyderabad, India
Stage
Acquired
Total Funding
$12.9M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 05, 2021
Ranked
Annual Revenue
₹26.2Cr as on Mar 31, 2021
Employee Count
312 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Ixigo (Aug 05, 2021)

AbhiBus's acquisition details

AbhiBus got acquired by Ixigo on Aug 05, 2021 at an acquisition amount of $23.1M. It was facilitated by IndigoEdge.
Click here to take a look at AbhiBus's acquisition in detail
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AbhiBus's funding and investors

AbhiBus has raised a total funding of $12.9M over 3 rounds. Its first funding round was on Dec 11, 2011. Its latest funding round was a Series A round on Nov 06, 2015 for $*****. 4 investors participated in its latest round. AbhiBus has 3 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of AbhiBus:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 06, 2015
9299909
Series A
8756239
7529869
1108960
7581351
Oct 01, 2015
5961032
Series A
5314198
5089640
1425561
Dec 11, 2011
2153623
Series A
9327075
2322412
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AbhiBus' founders and board of directors

Founder? Claim Profile
The founders of AbhiBus are Sudhakar Chirra and Sasya Chirra. Lenin Koduru is the CEO of AbhiBus.
Here are the details of AbhiBus' key team members:

AbhiBus' Board of Directors

AbhiBus's board has 5 active members. Sudhakar Reddy Chirra, Pavan Chavali and Lenin Koduru are part of team and Paul Sashikumar Lam and Prem Kumar Bajaj are independent board members.
Here is the list of AbhiBus' board of directors:
Name
Type
Representing
Status
Duration
couiipo
Team
-
Past
3y 7m
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Team
-
Past
7y 1m
jhpousj
Team
-
Past
3y 9m
zdpwlmg
Team
-
Past
6y 6m
jxkxaqj
Investor
oiftoak
Past
9y 7m
{z{udlp
Investor
wf{imgy
Past
2y 5m
Independent board member
-
Current
13y 8m
tiitaly
Independent board member
-
Past
3y 1m
znkivbk
Independent board member
-
Past
1y 6m
tmvtdsl
Independent board member
-
Past
6y 8m
srmcnoe
Independent board member
-
Past
7y 4m
feox{br
Independent board member
-
Past
6y 8m
rkxblyd
Independent board member
-
Past
6y 3m
xql{ojq
Independent board member
-
Past
6y 1m
sbxepfi
Independent board member
-
Past
5y 7m
rrdzgt{
Independent board member
-
Past
7y 8m
owsgglz
Independent board member
-
Past
1y 5m
{nmshyp
Independent board member
-
Past
6y 3m
exkshwh
Independent board member
-
Past
3y 7m

AbhiBus' employee count trend

AbhiBus has 312 employees as of Mar 26. Here is AbhiBus's employee count trend over the years:
Employee count trend for AbhiBus
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AbhiBus's Competitors and alternates

Top competitors of AbhiBus include redBus, Zingbus and Omio. Here is the list of Top 10 competitors of AbhiBus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for redBus
redBus
2006, Bengaluru (India), Acquired
Online bus ticket booking portal and app
$10M
82/100
2nd
Logo for Zingbus
Zingbus
2019, Gurugram (India), Series A
Operator of an online platform for booking bus transportation tickets
$16.4M
79/100
3rd
Logo for Omio
Omio
2013, Berlin (Germany), Series E
App-based platform for booking transport services
$480M
79/100
4th
Logo for Fresh Bus
Fresh Bus
2019, Bengaluru (India), Series A
Provider of premium intercity electric bus services with a focus on comfort, security, and eco-friendliness, offering a modern travel experience
$14.5M
71/100
5th
Logo for AbhiBus
AbhiBus
2008, Hyderabad (India), Acquired
Online platform providing bus, flight, train, and hotel booking services
$12.9M
67/100
6th
Logo for YoloBus
YoloBus
2019, Gurugram (India), Acquired
Online based platform offers intercity bus services
$4.1M
61/100
7th
Logo for IntrCity SmartBus
IntrCity SmartBus
2002, Noida (India), Funding Raised
Operator of a network providing intercity bus transportation and related services
-
59/100
8th
Logo for ApniBus
ApniBus
2021, Gurugram (India), Series A
Online platform facilitating bus ticket bookings with multiple operator options
$1.85M
58/100
9th
Logo for Travomint
Travomint
2017, Noida (India), Unfunded
Online retailer of flight, hotel, vacation, car rental, and transfer bookings
-
-
56/100
10th
Logo for NueGo
NueGo
2022, Mumbai (India), Unfunded
Operator of buses
-
-
51/100
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AbhiBus's Latest cap tables and shareholding

Founders own 29.44%, Enterprises own 15.62%, Angels (largest shareholder) own 53.91% and Other People own 1.02%. The net worth of AbhiBus's founders is INR 37.7Cr as of Aug 29, 2016.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
29.44%
37.7Cr
2512037
3978924
9589116
4451134
3615448
2780552
8362452
7369829
9837139
6644039
Enterprise
15.62%
20Cr
4402712
6012873
9417558
9767774
Angel
53.91%
69Cr
4154210
2425553
1822571
6496722
2799367
9426343
3130089
2804067
7094621
1261257
Other People
1.02%
1.31Cr
2
2
2
5
Total
99.99%
128Cr
2764387
3795797
8000931
2860673
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of AbhiBus's Shareholding

AbhiBus's Investments and acquisitions

AbhiBus has made no investments or acquisitions yet.

News related to AbhiBus

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Media has covered AbhiBus for a total of 6 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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FAQs about AbhiBus

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