10/09/2022
Success story of 24-year-old guy from Bedroom to INR 3,000 Crore Company.
"One Idea if executed well can change the trajectory of a business.
The idea of making an online ticket booking venture originated when he was listening to a radio program about Rugby ticket promotion.
At that very time, an idea struck into his mind and he started investing his time and effort to build an online ticket booking services in India.
In 1999, all three friends, Pariksh*t Dar, Rajesh Balpande and Ashish Hemrajani founded the company, Bigtree Entertainment Pvt.Ltd.
The company faced many ups and downs, but Ashish as the CEO of the company stood against all the odds, until his venture escorted favorable outcomes.
Multiplexes, a New Zealand based software company developed the first ticket selling software of BookMyShow.
Bigtree Entertainment further launched BookMyShow, which started selling movie tickets through telephone and internet since 1999.
There were no online payment systems available at that time in India. Thus, the tickets were delivered to nearby places.
The struggle phase of the company has longed for years.
The company entered the pleasant phase when it received its first investment of Rs.2.5 Crore from J.P Morgan which ascribed the company to growth.
On February 21, 2017, the parent company, Bigtree Entertainment officially launched BookMyShow.com and quickly expanded its operations to sell tickets online for movies, sports, events, concerts, etc.
The net worth of BookMyShow counts to INR 3,000 crore today.
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