India’s leading entertainment ticketing platform
BookMyShow was founded by business school friends Ashish Hemrajani, Parikshit Dar and Rajesh Balpande who were struck by the lack of a convenient, digital option to book tickets to India’s favorite pastime: movies. In its first years of operations, BookMyShow assisted theatres with inventory management and transitioning ticket booking capabilities online. In 2007, the Company launched a consumer facing platform which has grown to be the leading online ticketing destination for both cinema and live event ticketing in India. Headquartered in Mumbai, the trio has built a passionate and culture driven team of nearly 550.
Since first meeting in early 2015, Stripes has gotten to know the Company well and has witnessed consistent execution, rapid, capital efficient growth and continued innovation. When BookMyShow decided to raise a Series C financing, they selected Stripes to lead the round given our operating experience in digital ticketing, as well our history of building transactional internet brands. We could not be more excited about partnering with BookMyShow as it commences its next phase of growth. The Company intends to use this growth capital to enhance its convenience and offerings to customers as it evolves from a ticketing portal to a true ‘entertainment destination’ as well as entering new international territories, such as Indonesia.