India: BookMyShow raises over $82m from Stripes Group, others

Visual from Bookmyshow website

Online movie ticketing company Bigtree Entertainment Pvt. Ltd, which owns and operates the BookMyShow website, raised over Rs.550 crore in its fourth round of funding.

The round was led by US-based Stripes Group with existing investors Network 18, Accel Partners, and SAIF Partners participating in the round. The funding round has increased the company’s valuation to Rs.3,000 crore, the company said in a statement on Tuesday.

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