🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
RuPay joins BookMyShow to Launch ‘Live Events Passport’
StartupTalky
·
9d ago
Medial
RuPay and BookMyShow have partnered to launch the "Live Events Passport," providing RuPay users in India with seamless payments and exclusive access to major live events like Sunburn and Lollapalooza India. The partnership aims to elevate RuPay from a mere payment option to an "enabler of rewarding experiences." Cardholders receive perks like early ticket access and exclusive lounges. This collaboration boosts India's live entertainment market, aligning with RuPay's strategy to engage tech-savvy consumers.
View Source
5
Related News
Zomato Onboards Ex-BookMyShow Executive Kunal Khambhati
Inc42
·
10m ago
Medial
- Khambhati has joined the company, but his designation for the new role is unclear - Khambati was responsible for live events and intellectual property development at BookMyShow - Zomato has been teasing the launch of a new app called 'District' for the going-out business - No further details were provided regarding Khambhati's responsibilities or position at Zomato - Khambhati's move to Zomato could suggest an expansion of the company's focus on live events and entertainment - Zomato's new app 'District' could potentially compete with BookMyShow in the going-out business industry.
View Source
BookMyShow FY24 revenue jumps 43% on live events growth; online ticketing drives profitability
Economic Times
·
8m ago
Medial
BookMyShow, an online entertainment ticketing platform, experienced a 43% YoY increase in scale, driven by significant growth in its live events segment. The company achieved profitability in FY23 and saw its net profit grow further in FY24 due to strong revenue growth. Online ticketing remains the biggest revenue and profit contributor, while the live events segment recorded a loss. BookMyShow faces competition from Zomato, which acquired Paytm's events and ticketing business, and is organizing large-scale music concerts. Operating cash flows decreased due to increased operational expenses, and total expenditure rose by 40%. BookMyShow leads India's entertainment ticketing market with a 75% market share. Uncertainty surrounds a planned investment by PE firm KKR following Zomato's acquisition.
View Source
Not just a cold play: How Zomato can make District a blockbuster
Livemint
·
10m ago
Medial
Zomato, the popular food delivery platform, is entering the live events industry with its latest acquisitions of Paytm subsidiaries Wasteland Entertainment and Orbgen Technologies. The move is part of Zomato's strategy to expand its District app, which combines dining out with live events. However, the live events business can be challenging, with high upfront investments and a long time to break even. Zomato will need to build a diverse portfolio of events to generate year-round revenue, while also facing infrastructure constraints and competition from established players like BookMyShow.
View Source
KKR looks to book a big-ticket investment in BookMyShow of up to $300 million
Economic Times
·
1y ago
Medial
KKR, a global investment firm, is reportedly close to finalizing a $300 million investment in BookMyShow, an Indian online ticketing platform. This funding round is expected to help BookMyShow expand its operations and services, particularly in the live events and technology segments. The deal is said to be in advanced stages of negotiations and is likely to be completed soon.
View Source
BookMyShow, Zomato And India’s Concert Mania
Inc42
·
10m ago
Medial
Zomato and BookMyShow recently faced challenges with ticket scalping for popular events. Zomato's acquisition of Paytm Insider and its ticketing business may have provided insights into the value of this sector. The incidents involving Diljit Dosanjh's tour and Coldplay's concert exposed the issue of scalpers using bots to buy tickets and sell them at significantly higher prices. These incidents highlight the need for platforms like Zomato and BookMyShow to address ticket scalping and improve the user experience for live events.
View Source
BookMyShow Business Model & Growth Strategy
growthxclub
·
1y ago
Medial
Bookmyshow, owned and operated by Bigtree Entertainment Pvt Ltd is an online ticketing platform for movies, live events, workshops and much more. The firm is present in over 650+ cities and towns and provides entertainment experiences to 30 million customers.
View Source
We want to establish India as a global live entertainment hub: BookMyShow’s Owen Roncon
Business Today
·
1y ago
Medial
BookMyShow plans to establish India as a global live entertainment hub by focusing on unique experiences like the recently-concluded Nykaaland festival. The company aims to move beyond music and expand into newer segments like beauty. With upcoming concerts featuring big artists like Ed Sheeran, BookMyShow is set to make even bigger strides in the live entertainment space. The company has a pipeline of events in the works and plans to fill gaps in the market. After the pandemic, live entertainment shows have seen a strong bounce back, with high ticket demand for concerts like Backstreet Boys.
View Source
Lollapalooza India is on track to break even next year: Bookmyshow
Livemint
·
1y ago
Medial
The Indian edition of Lollapalooza music festival is expected to reach a break-even point by next year, according to Owen Roncon, Live Entertainment chief at BookMyShow. Roncon stated that the event's brand popularity has been unprecedented and is increasing, leading to plans for bigger and better brand partnerships. Lollapalooza made its debut in India in 2019 and has become the first Asian country to host the festival. BookMyShow aims to reduce ticket prices through increased brand support and is focusing on co-producing events to make live shows a growth engine for the company.
View Source
Live entertainment, sports becoming favourites for the youth, says BookMyShow CEO Ashish Hemrajani
Economic Times
·
1y ago
Medial
Live entertainment and sports are gaining traction as popular forms of entertainment among young people, according to Ashish Hemrajani, the founder and CEO of BookMyShow. He highlighted the commercial potential of these industries, citing the growth of platforms like the Indian Premier League (IPL) and Women's Premier League (WPL) in cricket. Hemrajani also emphasized the rise of the live events business and the opportunities it has created for creators and artists. He mentioned how OTT platforms have capitalized on theatrical releases during the pandemic and the increasing economic value for content creators in the industry. Zomato also entered the live events booking segment, as there is a growing interest in attending live events among consumers.
View Source
BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23
Entrackr
·
1y ago
Medial
BookMyShow, India's leading online ticket booking platform, has made a remarkable comeback after the pandemic, with a 13X growth in revenue and a hefty profit in the fiscal year ending March 2023. Its revenue from operations surged to Rs 976 crore in FY23, driven by a significant increase in income from ticket bookings and partnerships with live events and concerts. The company's effective cost management measures and three-fold scale contributed to its first-ever profit of Rs 85 crore in FY23, signaling its adaptability and success in the live events ecosystem.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
.png%3Ftable%3Dblock%26id%3D38fd2064-fc99-4386-bde0-53253eb4f0d9%26cache%3Dv2&optimizer=image&quality=80&width=1200)
