BookMyShow

RBI said online movie ticketing platforms do not hold the authority to levy handling fees from customers

Merchant Discount Rate should be handled by the ticket booking companies

Users can file their complaints related to such charges to the RBI

TPG had launched its Asia-focussed fund 25 years back in 1994

It has invested over $11 Bn across 88 deals in 13 countries

It counts Indian companies such as Lenskart, Bookmyshow as part of its portfolio

The single-window clearance for Indian filmmakers is sure to boost local content creation, drawing more users

The anti-camcording provision will combat film piracy and boost user subscription on OTT platforms

Reduction of GST on movie tickets to benefit ticketing startups like Bookmyshow, Paytm and others

BookMyShow is the only Indian startup taking part in the 16-week programme

Singapore-based Grab will give BookMyShow access to its customers in Indonesia market

The company recently raised $100 Mn in a Series-D funding

In FY17, BookMyShow's operational revenues increased by 27%

The company's expenses also continued to grow, registering a 17% jump in FY18

BookMyShow posted a 10% increase in its net loss in FY18

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