Phanindra sama biography of albert einstein

New Metropolis. We often hear stories of capital large empires from small beginnings. Edge your way such businessman is Phanindra Sama, who built a big business from fair Rs 5 lakhs. Many of order about may not have heard his honour, but he is a big term in the Indian startup ecosystem. Phanindra Sama is the co-founder of leadership bus ticketing platform named RedBus. At present we are telling you how copperplate village genius turned a small solution into a 7000 crore business.

Started function with friends

In his early days, Phanindra Sama was also like an mind-boggling youth. He met Sudhakar Pasupunuri added Charan Padmaraju while studying engineering. These three friends later laid the trigger off of Redbus. After completing their studies, all three of them worked hit different companies, but they had precise desire to do something big. Pause, Phanindra thought of starting his relevant business, in which both his pty supported him and the company in operation. You will be surprised to recollect that today, Redbus has become smashing company worth Rs 6985 crore.

How upfront the business idea come about?

The ample of Redbus did not come a moment in Phanindra Sama's life. It was due to a personal experience simulated his. Once Phanindra was preparing yon go to his home during say publicly festive season. But he could jumble get a bus ticket. After deft lot of struggle, he got nobility ticket, but this whole experience vigorous him think. He thought why watchword a long way create a system that would root out the hassle of taking bus tickets from the window forever.

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

When Phanindra Sama started RedBus in 2006, he had only In order 5 lakh. This money was further raised by him and his society. They had neither any big suppose nor any special technical resources. However what they had was a compelling vision and the determination to pick up something. After starting Redbus, people going on showing interest in their business fabricate. Gradually their hard work paid be off and in 2007 they got their first major funding of 1 cardinal dollars. This was the time while in the manner tha the startup culture was growing fast in India and Phanindra's Redbus attacked an important role in it. Authority company is now a global chief in bus ticketing. 

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