- KKR is buying about a 6% stake in Indian ticketing and entertainment platform BookMyShow for $40 million to $50 million, according to a source cited by Reuters.
- The transaction implies a BookMyShow valuation of roughly $667 million to $833 million, the source said.
- BookMyShow is expanding across films, live events and experiences as demand for concerts, sports events and live entertainment rises in India.
Quotes
“the opportunity in India's entertainment economy grow "like never before”