ibibo Group

Company

Investment-firm

Last deal

$1.48M
Local Amount - INR 107M

Amount

Venture - Series Unknown

Stage

29.02.2020

Date

2

all rounds

$251.48M

Total amount

Financing round

General

About Company
ibibo Group is an Indian online travel group that owns multiple e-commerce travel properties.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's properties include Goibibo.com, a B2C online travel aggregator for air tickets, hotels, and bus tickets via mobile and desktop; redBus.in, an online bus ticketing platform; YourBus, a vehicle tracking application; ibibo Ryde, a car-sharing app; and Travelboutique, a B2B online travel platform. With over 3 million unique users transacting every month, ibibo Group is the largest travel company in India. The company was founded in 2006 by Ashish Kashyap and also owns a minority stake in Naspers' global payments business, PayU Global. Its mission is to organize the transportation and accommodation industry and connect it with travelers.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Acquired by

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announced date

18.10.2016

price

$720M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$251.48M

Money Raised

Their latest funding was raised on 29.02.2020. Their latest investor Tencent. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
29.02.2020
1
$1.48M
Local Amount - INR 107M
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Co-Investors
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Acquisitions
2
Acquiree Name 
Date 
Price 
Acquisition Name 
YourBus acquired by ibibo Group

YourBus acquired by ibibo Group

acquirer

ibibo Group
ibibo Group

date

19.03.2014

type

Acquisition
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YourBus

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Sector

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Subsector

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Location

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redBus.in acquired by ibibo Group

redBus.in acquired by ibibo Group

acquirer

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date

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type

Acquisition

price

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redBus.in

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RedBus is an India-based online bus-ticketing platform that simplifies global travel.

Sector

Travel and Leisure

Subsector

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Keywords

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total rounds

4

total raised

$10.14M

People

Founders
1
Ashish Kashyap
Ashish Kashyap

Ashish Kashyap

Ashish Kashyap is the Founder & CEO of IndWealth, AI based Wealth tech platform. He is also the Founder & x-CEO of 'ibibo Group' (Goibibo, redBus & PayU India) Prior to founding "ibibo Group", Ashish was the 'Country Head' of 'Google India', wherein he set up the India facing operations from ground up.Before joining Google, Ashish "founded" E-Commerce and online travel businesses at Indiatimes.com and drove them to a profitable and scale position. Ashish holds (i) "Economics (Honors)" from Kirori Mal College, University Of Delhi, India (ii)IMPM Diploma, Insead, Fontainebleau, France (iii) Master of Management, McGill University

current job

INDwealth
INDwealth

count Of Investments

6

count Of Exists

2

Ashish Kashyap

Employee Profiles
17
Pankaj Jain

Pankaj Jain

Chief Financial Officer

Ruban Phukan

Ruban Phukan

Vice President of Social Media

Tuhin Kumar

Tuhin Kumar

UI Designer

Parveen Jain

Parveen Jain

Team Member

Prashanth Susarla

Prashanth Susarla

VP - Products & Engineering

Pratap Singh

Pratap Singh

President,IT Operations

Activity

Recent News
0