India’s BookMyShow pulls in $100M to grow its online ticketing business –
Summary
BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The Series D round was led by private investment firm TPG Growth and it included participation from undisclosed existing investors. BookMyShow, which is headquartered in Mumbai, has now raised a total of $225 million from a range of backers that include Accel, SAIF and New York’s Stripes Group . The strategic value that all our investors continue to provide us will also be of immense importance as we begin a new chapter of our standout story,” said BookMyShow CEO and founder Ashish Hemrajani in a prepared statement. BookMyShow was in expansion mode in 2017 when it made four acquisitions, which included rival ticketing startups Townscript and MastiTickets.