Redbuzz and the Future of Indian Venture Capital

While June began with the IPO of  JustDial, the second “pure play” Internet company to list publicly in India, mid-month has been all about Naspers/ibibo acquiring redBus. Some interesting takes:

A VC-loving, Uber Entrepreneur’s (read: Mr.Rodinhood, Alok Kejriwal) view of why the deal is super news

Former Seedfund (redBus investor) member Anand Lunia’s take on why the deal is not as much of a “super news” (at least for VCs with large-sized funds) 

Seedfund Partner Mahesh Murthy’s – typically flair-filled – Quora post on redBus

My 2-bit: Huge or not for Indian Venture Capital  the success of redBus is a hugely well deserved one for Founder-CEO Phanindra Sama, an entrepreneur who probably defines “disarmingly winning smile“. 
(Other keywords I would use:
Down-to-Earth; Razor-Sharp and Truly Caring about Entrepreneurship in India.) Go Phani! Goibibo!!

Update: Sumanth Raghavendra, founder of Q-Prize winner Deck
App Technologies, has interesting “non obvious” takes on the legal terms of redBus’s VC financing as well as the business itself (via NBW). 
 
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