BookMyShow has acquired mastiticket, the Hyderabad based online ticket booking app. The acquisition is largely to capture the regional cine markets specifically Telengana and Andhra Pradesh considering the growing popularity of Tollywood movies. MastiTickets will have to transfer all its key assets and existing cinema partnership to BookMyShow.
Founded in 2014 by Ravi Narla, Mastitickets enable users to book movie tickets through it’s mobile app or website. It has partnership with over 120 cinemas in Andhra Pradesh and Telengana.
BookMyshow is one of the leading online ticket booking platform. It enables the users to book ticket for not only movies but also for other events happening in a given area. BookMyShow has partnerships with 4000 screens across India.
BookMyShow CEO and co-founder Ashish Hemrajani told that this acquisition will help them to increase the number since the growth of regional markets is increasing rapidly.