BOOKMYSHOW PROFIT
Lighting lives beyond Diwali: How everyday Indians are making a difference through giving
An RBI officer, a Bengaluru retailer, a safari lodge owner and a 24-year-old money coach tell us how giving a little, steadily, lights someone else’s life, long after Diwali.
India’s late-stage funding crunch shrinks cheques, cuts valuations
The squeeze in late-stage funding remains prevalent in India, showing no signs of reversing. Late-stage startup funding fell 38% year-on-year to $5.6 billion in 2025-26, according to Tracxn, while the number of rounds exceeding $100 million declined to 13 from 23.
Mirzapur: The Movie hit bumper prices across India. What fans are paying to watch Pankaj Tripathi, Ravi Kishan, Ali Fazal’s film in Delhi-NCR, Mumbai, Bengaluru and other cities
Mirzapur: The Movie is all set to hit theaters on September 4, 2026, and anticipation is on the rise. Advance ticket sales are booming in major Indian cities, with prices ranging from Rs 149 to Rs 1,800 based on location and time. Already, over 1.6 lakh tickets have been sold, indicating a strong pre-release revenue. Capitalizing on its streaming success, the film aims for a triumphant theater launch.
The Economic Times Startup Awards 2026: Nominees for Woman Ahead and Social Enterprise
Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise.
Shiprocket’s stellar D-Street debut; KKR buys BookMyShow stake
Shiprocket shares zoomed in a bumper public market debut on Wednesday. This and more in today’s ETtech Top 5.
KKR to invest about Rs 400 crore in Reliance-backed BookMyShow at Rs 6,000 crore valuation
KKR is investing Rs 380-400 crore in Reliance-backed BookMyShow at a valuation of around Rs 6,000 crore, after more than two years of negotiations. The investment is smaller and at a lower valuation than initially discussed. KKR’s investment comes as BookMyShow expands live entertainment amid growing competition from Eternal’s District.
BookMyShow posts Rs 192 crore profit on robust live events business
Big Tree Entertainment, operating BookMyShow, saw its net profit surge to '192 crore in FY25. This growth stems from a robust performance in its ticketing and live events segments. The company's total income also increased significantly. Live events, including music festivals and concerts, played a key role in this expansion. BookMyShow's online ticketing business remained its largest revenue source.
Digital lenders' profit woes; Prosus' new fintech bet
Happy Tuesday! Rising stress in unsecured lending tightens the ropes for digital loan startups. This and more in today’s ETtech Morning Dispatch.
BookMyShow FY24 revenue jumps 43% on live events growth; online ticketing drives profitability
The online entertainment ticketing platform could face rising competition from Zomato’s going-out business following its acquisition of Paytm's events and ticketing business in August for Rs 2,048 crore. Also, this year, BookMyShow is organising big music concerts including that of popular British band Coldplay.
Coldplay mania sends hotel prices surging to Rs 90,000 per day overnight in Ahmedabad
Since the famous British band revealed their scheduled performance at Ahmedabad's Narendra Modi Stadium on January 25, 2025, the city has witnessed a significant surge in hotel prices coinciding with the event.
Zomato launches District app for movies, events, dining out bookings
Zomato's new app, District, for its going-out vertical, includes dining, live events, and ticketing. This follows efforts to expand this business, including acquiring Paytm’s events division. Zomato aims to create 'super brands' instead of 'super apps'.
'Invalid': BookMyShow's big warning after Coldplay India show tickets show up on reselling platforms
Coldplay has added a third show to their Mumbai leg of the "Music Of The Spheres World Tour 2025," but all three shows sold out quickly on BookMyShow. Fans reported long virtual queues and website crashes due to high demand. BookMyShow warned against unauthorized ticket sales, urging fans to buy only through official channels.
Coldplay fans unload online as BookMyShow sale crashes
Due to unprecedented demand, the band added a third show on January 21. Tickets for this newly announced date will be available through BookMyShow. Teasing fans further, Coldplay hinted at a “mystery guest” appearance for this show.
Zomato's big Paytm play puts a spanner in KKR-BookMyShow deal
KKR is talking to BookMyShow, India's largest online ticket-booking platform, to rejig the details of the $250-300 million investment it was planning for a minority stake. Zomato recently bought Paytm's live ticketing business in a deal valued at over Rs 2,000 crore.
BookMyShow’s business story gets Zomato’s Paytm plot twist
BookMyShow may face strong competition from Zomato after its acquisition of Paytm's ticketing business. Zomato plans to leverage its customer base and profits from other businesses to scale its new going-out vertical, aiming to grow its order value to over Rs 10,000 crore by FY26.
KKR looks to book a big-ticket investment in BookMyShow of up to $300 million
This will be the largest fund-raising round by Bigtree Entertainment Pvt. Ltd, which operates BookMyShow. Reliance unit Network 18 is the largest shareholder with a 37% stake.
BookMyShow turns profitable; FY23 operating revenue nears Rs 1,000 crore
In FY23, the company posted a profit of Rs 85.72 crore, turning around from the Rs 92.2-crore loss incurred in the previous fiscal year.
BookMyShow revenue growth rises 30% to come in at Rs 390 crore, pace of growth in losses reduces
ET reported in June that the TPG Growth and Network18-backed firm was looking to increase the revenue share of its non-movie business and grow it to about 50% of the total revenue.
BookMyShow posts Rs 3.17 crore profit for FY16
This profit, a rarity in Indian ecommerce sector, comes after the company reported losses for two consecutive fiscal years.
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