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2 clusters · 6 sources · 2 days · First seen 7 days ago · Last updated 5 days ago

KKR investment in BookMyShow

Overview

BookMyShow, an Indian entertainment and ticketing platform, has entered into definitive agreements for an investment from the global firm KKR. While specific financial terms and the exact size of the stake remain undisclosed, the capital is intended to support the company’s expansion into live entertainment through its division, BookMyShow Live.

This investment follows a two-year negotiation process and aims to bolster the company’s capabilities in talent acquisition, production, and the promotion of large-scale events. The move is designed to capitalize on increasing discretionary spending and the demand for out-of-home entertainment experiences within India’s consumer market.

Entities

BookMyShow · KKR · Bigtree Entertainment · Orit Geva-Dvash · Robert P. Ranftl

Timeline

5 days ago

[BUSINESS] 3 sources
KKR acquires minority stake in BookMyShow
KKR has acquired a minority stake in India’s BookMyShow to accelerate the platform’s expansion in the live entertainment and full-stack entertainment sectors.
7 days ago

[BUSINESS] 3 sources
Corporate updates: BookMyShow investment, Mitek leadership, and executive stock sales
BookMyShow secures KKR investment for live events, Mitek Systems appoints a new Chief Revenue Officer, and various executives at Camtek, Ralph Lauren, and RCM Technologies report stock transactions.

Sources

digitalmusicnews.com · mommygearest.com · newsbytesapp.com · otravel.com · pulse2.com · stocktitan.net