Bigtree Entertainment Private Limited, the company that operates online ticket portal BookMyShow.com, has announced the acquisition of Chennai-based entertainment ticketing portal, Ticketgreen.com. Through this deal, Bigtree will have access to all the existing partnerships under the Ticketgreen brand. Ticketgreen has partnership with over 100 regional cinemas and sells nearly one lakh tickets per month.
Commenting on the acquisition, Ashish Hemrajani, Founder and CEO, BookMyShow.com, said, “Acquiring Ticketgreen.com is a part of our expansion strategy to grow our footprint in the South Indian market. This region being one of the most tech-savvy markets in India, offers a huge potential for e-commerce. The acquisition has strengthened our market presence and provided the requisite local resources and talent pool to expand our presence further into Tier II and Tier III cities in South India.”
BookMyShow.com has associations with over 350 cinemas and theatre venues such as Mumbai’s Prithvi Theatre, India Habitat Centre in Delhi and Rangashankara in south Bangalore. It retails tickets for the latest movies, music concerts, plays, stand-up comic acts and major sporting events in the country.