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Book Cover
Author Ghura, Amarpreet Singh, author

Title The saga : managing the start-up acquisition phase / Amarpreet Singh Ghura, Abhishek
Published London : Indian Institute of Management, Ahmedabad, 2016


Description 1 online resource
Series SAGE Knowledge. Cases
SAGE Knowledge. Cases
Summary In June 2013 the bus ticketing website 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
Notes Originally published in Singh Ghura, A., & Abhishek (2016). The saga: Managing the start-up acquisition phase. BP0398 Indian Institute of Management, Ahmedabad
Bibliography Includes bibliographical references and index
Notes Description based on XML content
Subject Sama, Phanindra
Goel, Alok
Gidugu, Satish
Ibibo Group
Naspers Limited
Consolidation and merger of corporations.
New business enterprises -- Management
Consolidation and merger of corporations.
New business enterprises -- Management.
Form Electronic book
Author Abhishek, author
ISBN 9781526438782