BookMyShow

18 Startup Funding Took Place In The Indian Startup Ecosystem This Week [16 - 21 July 2018]

• BookMyShow will use the funds to fuel its growth plans
• Avendus Capital was the exclusive financial advisor to BookMyShow for the funding
• Shardul Amarchand Mangaldas & Co was the legal advisor during this round

Paytm Entertainment Recently Acquired Chennai-Based TicketNew

BookMyShow Intends To Grow Its Non-Movie Business Revenues To 50% From The Current 30%

Important Movers And Shakers Of The Indian Startup Ecosystem [28 May- 2 June 2018]

Paytm Has Earlier Partnered With Alibaba’s Other Indian Bets Like BigBasket And XpressBees

Alibaba Acquired A Majority Stake In TicketNew In June 2017

During The Last Fiscal, BookMyShow’s Expenses Doubled To $73 Mn, While Operational Revenues Surged By 27%

With This, Micromax Makes Access To Smarter Apps Possible For 100 Mn inOne Consumers

Paytm Is Now In Direct Competition With Online Ticketing Platform BookMyShow In Terms Of Reach And Scale

Important Indian Startup News Stories Of The Week

Earlier This Month, PayU India Made A Similar Announcement To Discontinue Its PayUMoney Wallet