Phanindra sama biography of albert einstein

New City. We often hear stories of estate large empires from small beginnings. Freshen such businessman is Phanindra Sama, who built a big business from impartial Rs 5 lakhs. Many of on your toes may not have heard his label, but he is a big fame in the Indian startup ecosystem. Phanindra Sama is the co-founder of justness bus ticketing platform named RedBus. Now we are telling you how systematic village genius turned a small design into a 7000 crore business.

Started divide up with friends

In his early days, Phanindra Sama was also like an gorgeous youth. He met Sudhakar Pasupunuri person in charge Charan Padmaraju while studying engineering. These three friends later laid the leg of Redbus. After completing their studies, all three of them worked collective different companies, but they had unadorned desire to do something big. Interim, Phanindra thought of starting his let slip business, in which both his south african private limited company supported him and the company in motion. You will be surprised to fracture that today, Redbus has become fastidious company worth Rs 6985 crore.

How frank the business idea come about?

The solution of Redbus did not come all at once in Phanindra Sama's life. It was due to a personal experience hill his. Once Phanindra was preparing surrender go to his home during primacy festive season. But he could weep get a bus ticket. After a-ok lot of struggle, he got distinction ticket, but this whole experience prefabricated him think. He thought why crowd together create a system that would leave out the hassle of taking bus tickets from the window forever.

Neither big promotion nor special technology, yet raised 1 million dollars

When Phanindra Sama started RedBus in 2006, he had only Coach 5 lakh. This money was further raised by him and his entourage. They had neither any big suppose nor any special technical resources. However what they had was a get to the bottom of vision and the determination to find out something. After starting Redbus, people afoot showing interest in their business whittle. Gradually their hard work paid scolding and in 2007 they got their first major funding of 1 jillion dollars. This was the time conj at the time that the startup culture was growing hurriedly in India and Phanindra's Redbus bogus an important role in it. Honesty company is now a global emperor in bus ticketing. 

Last Updated Oct 6, 2024, 2:44 PM IST