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.
- Website
- www.abhibus.com/
- Social
- 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
Investors
Ranked
5th among 130 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2021
Employee Count
320 as on May 31, 2026
Exit Details
Acquired by Ixigo (Aug 05, 2021)
Legal entities associated with AbhiBus
AbhiBus is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ABHIBUS SERVICES (INDIA) PRIVATE LIMITED CIN: U93000TG2008PTC061437 , India, Amalgamated | Oct 16, 2008 | $1M - $10M (As on Mar 31, 2021) | 89 (As on Jul 01, 2021) |
AbhiBus's acquisition details
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 | 1975310 | Series A | 2514598 | 9586814 | 8941047 | 5405870 |
Oct 01, 2015 | 6650237 | Series A | 3530817 | 8191650 | 9601114 | |
Dec 11, 2011 | 5420537 | Series A | 2335419 | 7135511 |
Access funding benchmarks and valuations. Sign up today!View details of AbhiBus's funding rounds and investors
AbhiBus' founders and board of directors
Founder? Claim ProfileHere are the details of AbhiBus' key team members:
- Sudhakar Chirra: Former Co-Founder of AbhiBus. They are also an angel investor in 3 startups.Contact Info: 1 email address and 1 phone number
- Sasya Chirra: Co-Founder of AbhiBus. They serve on the board of 1 company.
- Lenin Koduru: CEO of AbhiBus. They serve on the board of 1 company.
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 |
|---|---|---|---|---|
jp{pi{m | Team | - | Past | 8y 6m |
e{{hwrs | Team | - | Past | 8y 2m |
tonwimm | Team | - | Past | 7y 1m |
uwjsync | Team | - | Past | 4y 6m |
pzokd{y | Investor | nsxolny | Past | 7y 7m |
kjhgicc | Investor | xvhgzcl | Past | 6y 3m |
Independent board member | - | Current | 13y 9m | |
neegpmg | Independent board member | - | Past | 6y 2m |
graezfr | Independent board member | - | Past | 1y 8m |
sjewzdr | Independent board member | - | Past | 8y 9m |
bstooqc | Independent board member | - | Past | 4y 4m |
otnafhh | Independent board member | - | Past | 9y 4m |
v{nyfph | Independent board member | - | Past | 8y 4m |
cbjwwgs | Independent board member | - | Past | 9y 3m |
jbr{mmt | Independent board member | - | Past | 6y 3m |
xo{bi{p | Independent board member | - | Past | 7y 7m |
rfpwyfk | Independent board member | - | Past | 1y 3m |
rrzhozu | Independent board member | - | Past | 8y 6m |
okbhayi | Independent board member | - | Past | 8y 8m |
View details of AbhiBus's Founder profiles and Board Members
AbhiBus' employee count trend
AbhiBus has 320 employees as of May 26. Here is AbhiBus's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online bus ticket booking portal and app | $10M | 82/100 | ||
2nd | Operator of an online platform for booking bus transportation tickets | $16.4M | 79/100 | ||
3rd | App-based platform for booking transport services | $480M | 79/100 | ||
4th | 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 | Online platform providing bus, flight, train, and hotel booking services | $12.9M | 68/100 | ||
6th | IntrCity SmartBus 2002, Noida (India), Funding Raised | Operator of a network providing intercity bus transportation and related services | - | 59/100 | |
7th | Online platform facilitating bus ticket bookings with multiple operator options | $1.85M | 58/100 | ||
8th | Online retailer of flight, hotel, vacation, car rental, and transfer bookings | - | - | 56/100 | |
9th | Travelyaari 2007, Bengaluru (India), Series B | App-based bus tickets booking platform | $10M | 55/100 | |
10th | 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 | 6354677 | 4604107 | 7431523 | 5480682 |
2639372 | 4418425 | 9056972 | 9806708 | 4365759 | 7222250 | |
Enterprise | 15.62% | 20Cr | 4332103 | 9958076 | 6182291 | 4369370 |
Angel | 53.91% | 69Cr | 4462528 | 4686719 | 8678137 | 4198973 |
8101520 | 4272181 | 9387509 | 2681901 | 4605130 | 7838252 | |
Other People | 1.02% | 1.31Cr | 7 | 3 | 1 | 4 |
Total | 99.99% | 128Cr | 2504047 | 6148389 | 5613753 | 5275287 |
To unlock detailed Cap Table of AbhiBus Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of AbhiBus's Shareholding
AbhiBus's Investments and acquisitions
AbhiBus has made no investments or acquisitions yet.
News related to AbhiBus
Filter this listMedia 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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Uber eyes $13 billion intercity travel market with AbhiBus tie-upLivemint•Mar 06, 2026•Uber, AbhiBus
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AbhiBus partners with Telangana Police to boost bus travel securityHotelierIndia•Mar 15, 2025•AbhiBus
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TPL Corp joins forces with Abhi to acquire FINCA microfinance bankMettisglobal•Sep 20, 2024•TPL Corp, Abhi Group Of Companies, FINCA, AbhiBus and 2 others
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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