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Bookmyshow acquires India's answer to Eventbrite

Townscript charges a fee of 3.99% on transactions, plus $0.15 per booking, reports Tech In Asia

Bookmyshow acquires India’s answer to Eventbrite
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Durba Ghosh | Tech In Asia
India’s Bookmyshow has acquired Townscript, the company announced today. The value of the 75 percent stake is not disclosed.

“We have been working on introducing such a feature for a long time. But we later found that Townscript was already doing it. It was a natural thing for us to invest in them,” Bookmyshow spokesperson told Tech in Asia.

The buyout will allow Bookmyshow to foray into Eventbrite-style do-it-yourself ticketing. For example, if you want to hold a workshop on effective communication but don’t want to pay an events company, you can create your event on the portal and start