What is Bigtree?
Big Tree Entertainment Private Limited, operating under the brand BookMyShow, is recognized as India's largest online ticketing portal. Established in 1999, the company has been instrumental in shaping the nation's online entertainment ticketing landscape. BookMyShow's platform facilitates the booking of tickets for a wide array of events, including movies across numerous cinema chains, major sporting events, and music concerts, all facilitated through official partnerships. Serving customers in over 220 cities, Bigtree caters to entertainment enthusiasts seeking convenient and comprehensive ticket purchasing solutions.
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 Accel Partners, SAIF Partners, and Network18 Group
Key Investors in Bigtree
Accel Partners
Accel Partners is a prominent 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.
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.
Network18 Group
Network18 Group is a major Indian media conglomerate with diverse interests in television, digital media, and print. Their investment in Bigtree likely aligns with a strategy to strengthen their digital entertainment portfolio and leverage cross-promotional opportunities.
What's next for Bigtree?
The recent major strategic investment into Bigtree signals a pivotal phase for the company, likely aimed at expanding its service offerings, enhancing technological infrastructure, and potentially exploring new market segments within the burgeoning Indian entertainment industry. This infusion of capital is expected to fuel further innovation and solidify its competitive advantage against emerging digital platforms. The company's trajectory suggests a continued focus on user experience and strategic partnerships to maintain its leadership in online ticketing.
See full Bigtree company page
