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Flipkart in talks to buy stake in BookMyShow
short by Shifa Naseer / on Monday, 16 October, 2017
E-commerce major Flipkart is in preliminary talks to buy a minority stake in the ticketing platform, BookMyShow. The startup may be valued at $500-700 million if the proposed deal with Flipkart goes through, according to reports. Last year, BookMyShow raised $85 million from Stripes Group, Accel Partners, SAIF Partners and Network 18 at a valuation of over $463 million.
read more at Hindustan Times