Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/22084
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGhura, Amarpreet Singh-
dc.contributor.authorAbhishek-
dc.date.accessioned2019-06-03T23:08:04Z-
dc.date.available2019-06-03T23:08:04Z-
dc.date.issued2016-08-10-
dc.identifier.urihttp://hdl.handle.net/11718/22084-
dc.description.abstractIn June 2013 the bus ticketing website redbus.in was acquired by the Ibibo Group, a subsidiary of South Africa based internet and media firm Naspers Ltd, for USD 135 million. Soon after signing the deal, Phanindra Sama - CEO and co-founder of redBus, went for a holiday to London along with his parents. Sama remained incommunicado during the 10 day trip by not acquiring a local number and not accessing his emails. During Sama’s absence, senior management team of Alok Goel – COO and Satish Gidugu – CTO at redBus along with three mid-level managers submitted their resignation. Apart from employees of redBus, the Ibibo takeover team was also ‘foxed’ as desperate calls and emails to Sama elicited no response. This case examines the chaos created due to Sama’s absence and helps in understanding the issues when a technology startup is acquired.en_US
dc.publisherIndian Institute of Management Ahmedabaden_US
dc.relation.ispartofseriesBP0398;-
dc.subjectStartupen_US
dc.subjectLeadershipen_US
dc.subjectESOPen_US
dc.titleThe redBus in Saga: Managing the Start-up Acquisition Phaseen_US
dc.typeCases and Notesen_US
Appears in Collections:Cases and Notes

Files in This Item:
There are no files associated with this item.


Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.