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RedBus Closes Second Round Of Funding; Expansion Plans

July 6, 2009 by Home Based Business 

Bangalore-based Pilani Soft Labs, owner of Redbus , the website that offers bus ticket bookings and distributions, has closed its second round of funding from Inventus Capital Partners , Seed Fund and other unnamed investors. Phanindra Sharma, Co-Founder and CEO of RedBus told MediaNama that the company has increased its share capital to accomodate new investors, and the majority stake is still owned by the founders, though he declined to share the total amount, or any financial informat

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