New Delhi-based ibiboGroup, a subsidiary of South African digital media conglomerate Naspers Group, has acquired bus tracking and analytics platform YourBus.in from Bangalore-based Lucido SoftLabs Pvt Ltd. Nine months ago, the group had acquired leading bus ticketing platform redBus.in.
As part of the deal, the YourBus team will join redBus. IbiboGroup is likely to integrate the YourBus platform with its online portals redBus.in and Goibibo.com.
"With redBus, we want to take live bus tracking to every bus in India and make it a de-facto feature in all buses and to all bus passengers. In spite of our individual efforts, we realised that we needed a bigger support/network like redBus. We couldn't think of a better home for YourBus," said the statement in YourBus.in.
YourBus was founded in 2011 by Satya P Devarakonda and Rajesh Mallipeddi - from BITS Pilani.
