Bigtree Leisure Personal Restricted, the holding firm of leisure ticketing portal BookMyShow.com, on Friday introduced the acquisition of Chennai-based Ticketgreen.com leisure ticketing portal.
The acquisition contains switch of all key belongings to BookMyShow.com together with all the prevailing cinema partnerships underneath the Ticketgreen model, the corporate stated in a launch.
Ticketgreen.com affords a variety of companies like offering info and ticket reserving amenities on varied leisure choices.
Ashish Hemrajani, Founder and CEO, BookMyShow.com, stated, “Buying Ticketgreen.com is part of our enlargement technique to develop our footprint within the South Indian market. This area being one of the tech-savvy markets in India, affords an enormous potential for e-commerce. The acquisition has strengthened our market presence and offered the requisite native sources and expertise pool to broaden our presence additional into Tier II and Tier III cities in South India.”
Ticketgreen.com has partnership with over 100 cinemas in South India and sells over 1 lakh tickets monthly, the corporate stated. BookMyShow.com had just lately raised funds value Rs 100 crores from Accel Companions.
With this acquisition, it goals to strengthen its presence within the South Indian market. BookMyShow.com at present sells tickets for over 350 cinemas in additional than 150 cities throughout India and manages greater than 1000 occasions a yr as unique ticketing companions.
As a part of this acquisition, the present worker base of Ticketgreen shall be folded into BookMyShow.com and can contribute in the direction of strengthening BookMyShow.com’s portfolio in South India, the corporate added.