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Business Standard acquires Chennai-based

The acquisition includes transfer of all key assets to along with all existing cinema partnerships under Ticketgreen brand

Pradeesh Chandran  |  Bangalore 

Bigtree Entertainment Private Limited, the holding company of entertainment ticketing portal, on Friday announced the acquisition of Chennai-based entertainment ticketing portal.

The acquisition includes transfer of all key assets to along with all the existing cinema partnerships under the Ticketgreen brand, the company said in a release. offers a range of services like providing information and ticket booking facilities on various entertainment options.

Ashish Hemrajani, Founder and CEO,, said, “Acquiring is a part of our expansion strategy to grow our footprint in the South Indian market. This region being one of the most tech-savvy markets in India, offers a huge potential for e-commerce. The acquisition has strengthened our market presence and provided the requisite local resources and talent pool to expand our presence further into Tier II and Tier III cities in South India.” has partnership with over 100 cinemas in South India and sells over 1 lakh tickets per month, the company said. had recently raised funds worth Rs 100 crores from Accel Partners.

With this acquisition, it aims to strengthen its presence in the South Indian market. currently sells tickets for over 350 cinemas in more than 150 cities across India and manages more than 1000 events a year as exclusive ticketing partners.

As part of this acquisition, the current employee base of Ticketgreen will be folded into and will contribute towards strengthening’s portfolio in South India, the company added.

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First Published: Fri, March 08 2013. 16:29 IST