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The app you probably use to book a movie ticket, comedy show or concert is getting global backing. Private equity giant KKR has signed a deal to acquire a minority stake in BookMyShow.
The companies haven't disclosed the financial terms. However, Mint reported that KKR is likely to acquire around 6% of BookMyShow, valuing the company at roughly $650-750 million.
The deets: BookMyShow started with movie ticketing, but today it wants a much bigger piece of how Indians spend money when they step out for entertainment.
And KKR sees a pretty straightforward opportunity here. India has a huge young population and people are increasingly willing to spend on experiences rather than just things.
KKR's Akshay Tanna said the firm wants to support BookMyShow as it grows India's out-of-home entertainment market and help the country become a bigger destination for global artists and events.
BookMyShow CEO Ashish Hemrajani said KKR's global perspective, consumer-business expertise and network will be valuable as the company enters its next phase of growth.
Competition: in 2024, Zomato parent Eternal bought Paytm's entertainment and ticketing business for ₹2,048 crore and folded its going-out businesses into District.
That made District a much more direct competitor to BookMyShow across movies, dining, events and other experiences.
Zoom out: according to IMARC Group, the online event-ticketing market was worth $3.6 billion in 2025 and could reach $7.9 billion by 2034, growing around 8.6% annually.
KKR is essentially betting that as Indians have more disposable income, a growing chunk of that money will go towards experiences.
