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The founder of BookMyShow is Ashish Hemrajani. He founded Big Tree Entertainment in 1999, which later launched BookMyShow as an online ticketing platform in 2007. Ashish Hemrajani is also the CEO of BookMyShow and has been leading the company since its inception
The co-founders of BookMyShow, along with founder Ashish Hemrajani, are Parikshit Dar and Rajesh Balpande. Hemrajani founded Big Tree Entertainment in 1999, and Parikshit Dar managed technology development while Rajesh Balpande oversaw financial operations during the early years of the company. BookMyShow was officially launched in 2007 as an online ticketing platform
Here are short bios of the co-founders of BookMyShow:
Ashish Hemrajani:
Ashish Hemrajani is the Founder and CEO of BookMyShow. He founded Big Tree Entertainment in 1999, which later launched BookMyShow in 2007. Ashish left a high-paying job in advertising to start the company after a trip to South Africa inspired him. He has been leading the company's overall operations ever since and is regarded as one of the key figures behind BookMyShow's success.
Parikshit Dar:
Parikshit Dar is a co-founder of BookMyShow, primarily responsible for technology development. He played a key role in the creation and growth of the platform's technical infrastructure that enabled BookMyShow to become a leading online ticketing service in India.
Rajesh Balpande:
Rajesh Balpande is a co-founder of BookMyShow who managed the financial operations of the company from its early days. He was instrumental in overseeing the finances and business side during BookMyShow's growth into a major ticketing platform. Together, the three co-founders are known as "The Three Musketeers" of BookMyShow due to their collaborative approach to building the business
BookMyShow works as an online ticket booking platform for movies, events, concerts, plays, and sports. The booking process is user-friendly and can be done via the website or mobile app with the following key steps: Create an account or log in to BookMyShow.Select the city where you want to watch the movie or attend the event. Choose the movie or event you want to book tickets for. Select the date, theatre, and showtime.
Pick the number of seats and choose specific seats from an interactive seating map. Proceed to payment, choosing from various options like credit/debit card, net banking, mobile wallets, or UPI. After payment confirmation, receive a booking confirmation via email or SMS with an e-ticket. On the event day, show the e-ticket's barcode or QR code at the entrance. The process eliminates the need to stand in queues, providing convenience and options to book tickets from anywhere at any time
BookMyShow makes money through a diversified revenue model with several key streams: Convenience Fees: It charges customers a convenience fee on every ticket booked online. This fee is a percentage or fixed amount added to the ticket price, covering platform usage costs. Commission from Ticket Sales: BookMyShow earns a commission from event organisers, movie theatres, and venues for tickets sold through its platform.Advertising Revenue:
The platform generates revenue by displaying advertisements from various brands to its large user base. Corporate Bookings: It offers bulk ticket purchases, group bookings, and event management services for companies and charges service fees for these. Subscription Services: BookMyShow offers a subscription plan called "BookMyShow Superstar," which provides benefits like zero convenience fees and early access to tickets for a subscription fee.Value-Added Services:
These include seat selection, food and beverage orders, merchandise sales, and in-app purchases such as gift cards. Data Analytics: BookMyShow collects user data and offers insights and analytics services to event organisers and brands for revenue. Overall, the company earns most revenue from booking fees and commissions, supplemented by advertising, corporate services, subscriptions, and additional offerings
BookMyShow's turnover (revenue) for the financial year 2023-24 (FY24) was approximately ₹1,396.8 crore, reflecting a 43.2% increase year-on-year from ₹975.5 crore in FY23. Of this, the online ticketing segment contributed ₹740.7 crore, marking a 20.6% growth, while the live events segment nearly doubled its revenue to ₹454.7 crore.
The company reported a net profit of ₹108.6 crore in FY24, up 27.6% from ₹85.1 crore in FY23. Despite the growth, the live events segment reported a loss due to high production and artist costs. Total expenses for the company rose to ₹1,319.8 crore in FY24 from ₹940.9 crore the previous year
BookMyshow's Networth
Based on the latest available data, BookMyShow's net worth (or valuation) as of 2025 is approximately ₹4,200 crore (around $500 million) ��. The company has experienced significant revenue growth and profitability improvements over recent years, which have contributed to its valuation.
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