What is Bigtree?
Operating India's largest online ticketing portal, BookMyShow, Bigtree Entertainment Private Limited, established in 1999, has fundamentally reshaped the nation's online entertainment ticketing landscape. The platform is accessible in over 220 cities, offering customers a seamless way to book tickets for a wide array of events. From movie premieres at numerous cinema chains to major sporting events and live music concerts, Bigtree leverages official partnerships to provide comprehensive ticketing solutions. Its service ecosystem is designed to cater to entertainment enthusiasts seeking convenient and reliable booking options.
How much funding has Bigtree raised?
Bigtree has raised a total of $43M across 2 funding rounds:
Unspecified
$18M
Private Equity
$25M
Unspecified (2012): $18M with participation from Accel Partners
Private Equity (2014): $25M led by Network18 Group, SAIF Partners, and Accel Partners
Key Investors in Bigtree
Accel Partners
Accel Partners is a venture capital firm known for investing in early-stage and growth-stage technology companies. They have a global presence and a strong track record of supporting successful startups across various sectors.
Network18 Group
Network18 Group is a major Indian media conglomerate with diverse interests in television, digital media, and publishing. Their investment in Bigtree likely aligns with their strategy to strengthen their digital entertainment and ticketing portfolio.
SAIF Partners
SAIF Partners is a prominent private equity firm that specializes in providing growth capital to companies in China or those with significant operations in the region. The firm focuses on various sectors, including internet+, TMT, healthcare, new materials, and clean technologies. With a strong portfolio, SAIF Partners aims to support the development of Asian companies. Their investment approach is centered on fostering innovation and growth in key industries.
What's next for Bigtree?
The recent major strategic investment signals a new phase of aggressive scaling and potential market consolidation for Bigtree. With a substantial total funding amount of $43M accumulated over its history, the company is well-positioned to explore new technological integrations, expand its service verticals, and potentially enter new geographical markets. Future growth may involve enhancing user experience through AI-driven recommendations, expanding partnerships with event organizers, and further optimizing its platform for mobile-first engagement. This strategic financing is indicative of strong investor confidence in Bigtree's long-term vision and its capacity to innovate within the rapidly evolving digital entertainment sector.
See full Bigtree company page