Redbus.in is India's largest intercity bus booking platform, founded in 2006. It has over 350 bus operators on its platform and sells two software products to bus operators and travel agents. Redbus aims to achieve annual revenue of INR 5 billion by 2015 by focusing on its core business, pursuing vertical integration, increasing its service portfolio, and expanding globally. It currently dominates the online bus booking market in India with over 65% market share but faces competition from other players.
This is the case related to air india, here it is shown that how air india is competing with the other airlines without any good marketing strategy. In this case you will find that air India's customer service in aviation industry. figure and charts would show the financial part of air india.
This is the case related to air india, here it is shown that how air india is competing with the other airlines without any good marketing strategy. In this case you will find that air India's customer service in aviation industry. figure and charts would show the financial part of air india.
Zomato is a restaurant search and discovery service founded in 2008 by Deepinder Goyal and Pankaj Chaddah. It currently operates in 23 countries, including India, Australia and the United States.[3] It features restaurant information such as scanned menus and photos sourced by local street teams, as well as user reviews and ratings. The company also provides cashless payment, online ordering, white-label apps, table reservation, and point-of-sale systems
policy bazar.com journey its foundation Prince Kumar
how policy bazar.com is started . history about its founders, what it is all about ,its business idea , its revenue model , marketing strategies , current scenario & its finacial performance .
HR POLICIES AND PRACTICES OF TATA MOTORS Shree Ganesh
The presentation is about the HR policies and practices of Tata Motors.
Tata Group believes that people are their greatest asset and they adopt best practices to ensure healthy employee relations, employee growth, and development as well as work satisfaction.
The presentation is a study about the company Redbus.It includes the mission and vision,Services,Swot and other technological analyze of the company redbus
Zomato is a restaurant search and discovery service founded in 2008 by Deepinder Goyal and Pankaj Chaddah. It currently operates in 23 countries, including India, Australia and the United States.[3] It features restaurant information such as scanned menus and photos sourced by local street teams, as well as user reviews and ratings. The company also provides cashless payment, online ordering, white-label apps, table reservation, and point-of-sale systems
policy bazar.com journey its foundation Prince Kumar
how policy bazar.com is started . history about its founders, what it is all about ,its business idea , its revenue model , marketing strategies , current scenario & its finacial performance .
HR POLICIES AND PRACTICES OF TATA MOTORS Shree Ganesh
The presentation is about the HR policies and practices of Tata Motors.
Tata Group believes that people are their greatest asset and they adopt best practices to ensure healthy employee relations, employee growth, and development as well as work satisfaction.
The presentation is a study about the company Redbus.It includes the mission and vision,Services,Swot and other technological analyze of the company redbus
Travel Technology Europe 2013 - How to Execute a Successful E-Commerce Strate...Open Destinations
The senior team at Open Destinations held a conference session at Travel Technology Europe show in London. The session was attended by more than 50 visitors from travel companies throughout the UK and Europe, and as far as South Africa and Malaysia.
The session showcased focused on the advantages, challenges and sustainability issues when publishing a B2B and B2C API, including search and availability, speed, latency, implementation, customer support and monitoring.
Speakers from Open Destinations included Kevin O'Sullivan, CEO and Brian Mebourne, Senior Vice President of Technology.
RADcube's Guide for Rapid Mobile Application Development Ty Alden Cole
We offer a complete spectrum of Mobile Services — from envisioning and business consulting to mobile-based business solutions, intellectual property-based mobile technology solutions, mobile technology services (mobile application development and maintenance, mobile testing services), and industry-focused mobility solutions.
[WSO2Con Asia 2018] Get on the Bus for the JourneyWSO2
Today’s technologies are changing the way we live, learn, work and communicate. In an era of rapid technological and market change, organizations of all sizes in every industry need to increase their capacity to move their business forward and remain competitive. Digital transformation is not a ‘one-off’ project - it is a journey. Get on the bus to make the start to yours.
Speed is often regarded as a second class requirement in a web site, always behind design and functionality and sometimes even taken for granted. The truth is, it is a critical business requirement, and it has impact to other metrics that are widely considered as business-critical like search engine rankings, bounce rate or conversion rate.
Covered topics:
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
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Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
2. Contents
• About the company
• The story
• Achievements
• More about redbus.in
• The Team
• Industry Analysis
• SWOT Analysis
• Business Concept
• Competition
• Goals and objectives
• Redbus now
• Logo
3. About redBus.in
• Founded in: August 2006
• Headquarters: Bangalore
• Industry: Domestic Travel
• India’s first bus tickets booking site
• Has the largest network of bus operators in
their list (350+ and growing)
• Being mentored by the TiE-EAP
(Entrepreneurship Acceleration Program)
• Sells two cloud based software, called BOSS
and Seat Seller to bus operators and travel
agents.
4. The Story
• One of the founder couldn’t catch his bus on diwali, so what??
A lot of us have missed our buses…big deal..
• They thought, if IRCTC can simplify railways, WHY CAN’T local
bus ticketing be streamlined?
• They undertook extensive market surveys to understand the
market and aspirations of the customers.
• They developed a plan for the business and submitted it to a
TiE (the Indus Entrepreneurs) mentorship competition.
• The portal was created with the help of the initial seed
funding and mentoring that was provided by the competition.
5.
6. Achievements
• Forbes - Top 5 hottest start-ups
• Business World - Top 3 enterprises in India
• AllWorld Network - India's fastest growing
company
• Deloitte - Top 5 fastest growing companies in
India
• Star award achiever - Youth Marketing forum
• IAMAI - Internet start-up of the year
7. More about redbus.in
How much
does it worth
How much
does it make
• $ 8,459 / day
• $ 253,770 / month
• $ 3,045,240 / year
Website Traffic
• 564,000 visitors / day
• 16,920,000 visitors /
month
• 203,040,000 visitors /
year
• 2,819,778 page
views/ day
• 84,593,340 page
views / month
• 1,015,120,080 page
views / year
• estimated worth,
$ 25,015,000
8. The Team
Phanindra Sharma
• CURRENT : CEO at redBus.in
• PAST : Senior Design Engineer at Texas Instruments
Design Engineer at ST Microelectronics
• EDUCATION : Indian Institute of Science
Birla Institute of Technology and Science
Sudhakar Pasupunuri
• PRESENT : Co-Founder – www.redbus.in
• PAST : Staff Software Engineer - IBM Rational Software
Software Engineer - TCS
• EDUCATION : B.E. in EEE - Birla Institute of Technology and Science
Charan Padmaraj
• CURRENT : Head of Engineering at redBus.in
• PAST : Co-Founder at Pilani Soft Labs (www.redBus.in)
Engineer at Honeywell
• EDUCATION : Birla Institute of Technology and Science
9. Industry Analysis
•The Bus operators are
dependent on Red Bus for
getting the customers
•Red Bus needs to associate
with larger number of
operators
•Reach, Credibility, Visibility
•Low Profit Margins
•Require continuous
innovation
•Background in services
•Low product differentiation
•Indian Middleclass: price
conscious
•Threat of substitutes is high
in smaller cities where the
availability of internet is low
Threat Of New Entrants [LOW]
Bargaining Power Of Buyers
[HIGH]
Bargaining Power Of Suppliers
[Medium]
Threat Of Substitutes [High]
Threat Of Competitors
[Medium]
•redBus is the biggest
player in the online bus
booking segment, but faces
continuous threat from
bigger players, travel agents
and OTAs
10. SWOT Analysis
•Vertical Integration with
procurement of Buses
•Horizontal Integration
with venturing into airline
Booking
•Global Expansion into
Overseas markets
•Increasing no. of players
in the Online Booking
segment
•Seasonal disturbances in
demand
•Un organized market in
Non-Metro cities
•Entrepreneurial culture
•Needs external funding for
Capital intensive projects
•Seasonal disturbances in
demand
•Less reliability on Online
Payments
•Early Mover Advantage
•Simple Business Model
•Large network of Bus
Operators
•High Levels of Customer
Satisfaction
Strengths Weaknesses
OpportunitiesThreats
10
11. Business Concept
• Uses Secure Socket Layers (SSL) data encryption. This ensures
that the information exchanged is never transmitted
unencrypted
• For a convenient, hassle-free portal where customers could
book their tickets from the comforts of their home.
• Could book your ticket for the return journey in advance
without having to travel to the destination with the
uncertainty of securing a ticket looming over your head.
• Their strategy is to “win one territory, establish your rule, then
win the next”
13. Goals and Objectives
• To Achieve Annual Revenue Of INR 5 Billion by 2015
by,
I. Focusing on Core business
II. Vertical Integration
III. Increase in Service portfolio
IV. Going global
14. redBus Now
2012
2 million users
10 million
tickets sold
+400
employees
+700 bus
operators
16000 daily
buses
Fastest
growing
Indian org
Growth, 07-09
- 5000%
Avg growth
250% per year
Revenue 800
million
2013
Owned by
ibibo
Sama &
Charan sold
their stock to
ibibo in june
2013
Market share
– 65%
Faces stiff
competition
from
Travelyaari,
Abhibus, and
Simply bus