KKR has signed a definitive agreement to acquire a minority stake in BookMyShow, with the investment aimed at supporting the company’s next phase of growth. BookMyShow, operated by Bigtree Entertainment Pvt. Ltd., plans to use the investment to scale its live entertainment business and strengthen its full-stack entertainment offerings across India. Launched in 2007, BookMyShow has grown into one of India’s leading entertainment platforms, with a presence across more than 700 towns and cities and partnerships spanning the entertainment industry. KKR said the investment reflects its confidence in India’s expanding entertainment sector, supported by rising discretionary spending, a large and young consumer base and increasing demand for high-quality live experiences. The investment is expected to help BookMyShow further leverage its technology, consumer reach and entertainment capabilities as the Indian market continues to mature. Avendus Capital acted as the exclusive financial advisor to BookMyShow, while Trilegal served as its legal advisor.
KKR and BookMyShow Join Hands to Expand India’s Entertainment Business
