Network18 subsidiary, Bigtree Entertainment which operates the movie and event ticketing website, BookMyShow has acquired the Chennai-based ticketing portal Ticketgreen for an undisclosed amount. While the financial details of the acquisition were not disclosed, the company said that this acquisition will provide them with access to over 100 regional cinemas in the southern part of the country and strengthen its footprint in that geography. It also added that all the Ticketgreen employees will be joining BookMyShow following this acquisition. Founded in 2007, Ticketgreen currently offers ticket booking for theatres across 24 cities in Tamil Nadu, three cities in Karnataka, Pondicherry, Mumbai, Ahmedabad, Kolkata and Trivandrum and claims to sell around 1 lakh ticket sales every month. It also offers entertainment ticketing in Chennai which includes ticketing for music related events, drama, sports and parties. However, at the time of writing this article, the company offered…
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