Online entertainment ticketing platform Bigtree Entertainment, which owns and operates BookMyShow, has raised $100 million (about Rs 685 crore) in its latest round of investment..The series-D funding was led by TPG Growth along with participation from existing investors – Stripes Group and Network18..Shardul Amarchand Mangaldas acted as the counsel for Bigtree Entertainment and its promoters. The team was led by Partner Vishruta Kaul along with Senior Associate Manav Chadha and Associate Manu Gupta. Partner Amit Khansaheb provided strategic inputs on the transaction..Veritas Legal advised TPG and the team included Partners Nandish Vyas and Tushar Raut and Associate Akash Karmakar..Nishith Desai Associates advised Stripes and the team was led by Partner Ruchir Sinha and Associate Dipanshu Singhal..Existing investor Accel Partners was advised by IndusLaw Partner Srinivas Katta and its in-house counsel..Other existing investors, SAIF and the Network18 group were advised by their respective in-house counsel..The investment values BookMyShow at about $750 million (Rs 5,140 crore) pre-money thus taking the final valuation of the firm to $850 million, reported ET.
Online entertainment ticketing platform Bigtree Entertainment, which owns and operates BookMyShow, has raised $100 million (about Rs 685 crore) in its latest round of investment..The series-D funding was led by TPG Growth along with participation from existing investors – Stripes Group and Network18..Shardul Amarchand Mangaldas acted as the counsel for Bigtree Entertainment and its promoters. The team was led by Partner Vishruta Kaul along with Senior Associate Manav Chadha and Associate Manu Gupta. Partner Amit Khansaheb provided strategic inputs on the transaction..Veritas Legal advised TPG and the team included Partners Nandish Vyas and Tushar Raut and Associate Akash Karmakar..Nishith Desai Associates advised Stripes and the team was led by Partner Ruchir Sinha and Associate Dipanshu Singhal..Existing investor Accel Partners was advised by IndusLaw Partner Srinivas Katta and its in-house counsel..Other existing investors, SAIF and the Network18 group were advised by their respective in-house counsel..The investment values BookMyShow at about $750 million (Rs 5,140 crore) pre-money thus taking the final valuation of the firm to $850 million, reported ET.