Top 10 Online Companies by Valuation in India 2015
Posted in Top Brand Lists, Total Reads: 2237
Here is a list of the top 10 online companies in India by valuation in 2015. The online venture business space in India has been growing at a break-neck speed and the growing ecosystem of online startups is slowly turning up to be a multi-billion dollar industry. Seeing the meteoric rise of the online industry, venture capitalists and investment funds across the world are pumping in money every month. The same has resulted in the leap frogging of the valuations of the online startups and most of them are projected to rise even further by the end of 2015. Valuation data changes with every round of funding and it is very difficult to arrive at specific values. Here’s presenting a list on top 10 online companies in India by valuation.
Launched in the year 2007, BookMyShow is India’s biggest movie and event ticketing portal.
The site sells movie tickets, play passes, concert and sporting event tickets through their robust online platform. Headquartered in Mumbai, it has regional offices at New Delhi, Bangalore, Hyderabad, Chennai and Kolkata. Considered to be one of the most successful mobile ecommerce app in India, 60% of the company’s business comes through the mobile application platform. Founded by Ashish Hemrajani, Parikshit Dar and Rajesh Balpande, the major purpose of the company was to bring the concept of online movie ticketing to the country. It presently employs more than 400 people. The company was initially funded by Network18 in the year 2007. Later Accel partners and global equity investors like SAIF Partners have pumped in money into the company. The company has acquired TicketGreen, an online ticketing company and Eventifier, a social media analytics startup.