BookMyShow raised $100 million in Series D funding

Tinuku - Bigtree Entertainment Pvt Ltd, owner of the movie portal and online ticketing event BookMyShow, said on Wednesday it has raised US$100 million in the last round of funding from a group of investors. Series D funding is led by TPG Growth new players, while existing investors also participate.

BookMyShow was founded by Ashish Hemrajani, Rajesh Balpande, Parikshit Dar in Mumbai has collected about 8.30 billion rupees (US$121.07 million) from previous funding rounds. This startup utilizes a good ecosystem in the ever growing Bollywood film industry environment.

Tinuku BookMyShow raised $100 million in Series D funding

The Company did not mention any other participants in the last funding cycle, other than TPG Growth. The existing investors are Stripes Group, Network 18, Accel Partners and SAIF Partners. Avendus Capital is a financial advisor to BookMyShow and Shardul Amarchand Mangaldas & Co is a legal advisor during the last funding round.