BMR Legal advised BookMyShow, India’s largest entertainment ticketing service, in raising Rs. 150 crore ($25 milion) from new investor SAIF Partners along with existing investors Accel Partnersand Network 18..The transaction values the venture at over Rs. 1,000 crore taking it into the league of online classified firm Quikr valued at Rs 1,500 crore and restaurant search engine Zomato valued at Rs. 1,000-crore, according to ET..BMR Legal acted for Bookmyshow and its promoters. The BMR team was led by Partner Amit Khansaheb along with Managing Associate Vishruta Kaul and Associates Deep Jain and Ayush Soni..Indus law acted for Saif Partners and Accel Partners with a team led by Partners Srinivas Katta and Priyanka Roy along with Associates Winnie Shekhar and Rukhmini Bose while Network 18 acted in house..With this round of financing, the company is looking to invest in increasing its penetration outside tier I cities, build on its infrastructure and expand its offering, reports VCCircle.
BMR Legal advised BookMyShow, India’s largest entertainment ticketing service, in raising Rs. 150 crore ($25 milion) from new investor SAIF Partners along with existing investors Accel Partnersand Network 18..The transaction values the venture at over Rs. 1,000 crore taking it into the league of online classified firm Quikr valued at Rs 1,500 crore and restaurant search engine Zomato valued at Rs. 1,000-crore, according to ET..BMR Legal acted for Bookmyshow and its promoters. The BMR team was led by Partner Amit Khansaheb along with Managing Associate Vishruta Kaul and Associates Deep Jain and Ayush Soni..Indus law acted for Saif Partners and Accel Partners with a team led by Partners Srinivas Katta and Priyanka Roy along with Associates Winnie Shekhar and Rukhmini Bose while Network 18 acted in house..With this round of financing, the company is looking to invest in increasing its penetration outside tier I cities, build on its infrastructure and expand its offering, reports VCCircle.