BookMyShow Raises Rs 150 Crore From SAIF Partners, Existing Investors
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BookMyShow will use the funding to expand its reach outside big cities, build infrastructure and increase its service offerings. The company has recently started offering ticketing services in 20 more cities. It is now looking to enter the single-screen cinema hall segment.
“We are very happy to have SAIF Partners as our latest investors. Their experience of having helped companies such as
Last year, the Network18 group, which held 60% stake in Bigtree Entertainment, sold a minority stake to venture capital investor Accel Partners for around $12 million (Rs 66 crore).
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