Kanwal Rekhi’s Inventus Capital has made a Series B investment (amount undisclosed) in in Bangalore-based Pilani Soft Labs , makers of online bus ticketing service redBus — press release.
This is redBus’ second round of funding since its inception in 2005. The company had raised about $1 million in seed money from Seedfund last year, which has also participated in this round.
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