Funding agency KKR has agreed to amass a minority stake in BookMyShow, the Indian ticketing and stay leisure firm.
The deal offers KKR a place within the enterprise whose stay division, BookMyShow Reside, has staged concert events in India by Coldplay, Ed Sheeran, Travis Scott, Weapons N’ Roses and Publish Malone.
KKR will make the funding by way of funds it manages, underneath definitive agreements signed on Wednesday (August 19).
Monetary phrases of the KKR funding weren’t disclosed, and the transaction is topic to regulatory approvals.
Based in 2007, BookMyShow is owned and operated by Bigtree Leisure Pvt. Ltd. and says it operates throughout greater than 700 cities and cities in India.
Its ticketing platform covers over 7,000 cinema screens, whereas BookMyShow Reside handles expertise and IP acquisition, manufacturing, promotion and viewers growth for concert events, theatricals and sports activities.
Previous BookMyShow Reside properties embrace Lollapalooza India, U2‘s The Joshua Tree Tour, the NBA‘s debut video games in India, Disney‘s Aladdin and Cirque du Soleil BAZZAR.
“We imagine BookMyShow will play an necessary position in advancing India’s ambition to turn into a worldwide leisure hub and a premier vacation spot for main artists and acts from all over the world.
Akshay Tanna, KKR
Akshay Tanna, Accomplice and Head of India Personal Fairness at KKR, mentioned: “BookMyShow has been a pioneer in delivering high-quality leisure experiences in India.
“We’re happy to help BookMyShow because it continues to guide the following section of development in India’s out-of-home leisure sector.
“We imagine BookMyShow will play an necessary position in advancing India’s ambition to turn into a worldwide leisure hub and a premier vacation spot for main artists and acts from all over the world.
“We look ahead to combining our deep native data with our international funding expertise and community to help BookMyShow in its subsequent stage of transformation and additional elevate the world-class experiences it delivers to audiences throughout India.”
“The timing of this funding is especially thrilling, as we now have considerably expanded our presence throughout the stay leisure panorama and are seeing the chance for India‘s leisure financial system develop like by no means earlier than.
Ashish Hemrajani, BookMyShow
Ashish Hemrajani, Founder and CEO of BookMyShow, mentioned: “We’re delighted to welcome KKR as an investor in BookMyShow.
“Their international perspective, deep experience and robust understanding of shopper companies might be invaluable as we enter the following section of our journey.
“The timing of this funding is especially thrilling, as we now have considerably expanded our presence throughout the stay leisure panorama and are seeing the chance for India‘s leisure financial system develop like by no means earlier than.
“We’re additionally grateful to our longstanding traders Network18 (a part of Reliance Industries Restricted), Accel Companions, Elevation Capital, Stripes Group, and TPG for his or her continued help.”
The funding provides to KKR‘s presence in stay leisure and music.
In 2024, the agency acquired European festivals firm Superstruct in a deal valued at round $1.4 billion.
Alongside Dundee Companions, KKR additionally established music-rights platform Chord Music Companions by buying a catalog from Kobalt for $1.1 billion in 2021.
KKR bought its stake in Chord to a consortium led by Dundee in 2024 – a transaction that additionally noticed Common Music Group purchase a 25.8% stake in Chord.
Different leisure/media investments from KKR lately have included ByteDance, Epic Video games, PlayOnSports, OverDrive, and Simon & Schuster.
BookMyShow sits on the middle of an India live-events market that grew 44% year-on-year in 2025, in keeping with a latest FICCI-EY report.
The corporate co-promoted Travis Scott’s India exhibits with Reside Nation, which drew greater than 125,000 followers throughout two dates, MBW reported.
Past India, BookMyShow says it operates in Singapore, Indonesia, Malaysia, the UAE and Sri Lanka.
Avendus Capital served as unique monetary advisor to BookMyShow on the deal, with Trilegal appearing as authorized advisor.Music Enterprise Worldwide
