KKR buys stake in BookMyShow for $40 million

MUMBAI: KKR, a leading global investment firm, has agreed to acquire a minority stake in Indian entertainment and ticketing platform BookMyShow, KKR said on Wednesday.

According to sources, KKR invested about $40 million (₹380 crore) in the company as a primary capital at a valuation of around $620 million (₹6,000 crore).

The investment will support BookMyShow’s next phase of growth, including the expansion of its live entertainment business and the development of its full-stack entertainment offering across India, KKR said.