Rohit Kapoor’s Post

1000 Cr ticketing market could be grown by Zomato, once they start fixing the broken experience of creators at BookMyShow and enable Creators with tools which help them nudge their audience. Further, there exist a huge unorganized market of ticketing in Tier2/3 cities of India. It would be really interesting to see Zomato's GTM for that. Another greatful insight could be derived from Paytm exiting all non core businesses showcases their long term commitment towards core financial business and growth. #acquitision #zomato #bms

An idea can change a life? ✔ Swiggy - Delivering restaurant food to your doorstep ✔ BookMyShow - Book movie tickets from home ✔ Uber and Ola - Making travel as simple as booking a cab from your phone ✔ RedBus - Book bus tickets from anywhere. These companies started small. Also, never imagined the massive response they would get. They poured their heart and soul into one idea and made it their mission to succeed. Today, many people have ideas like these but hesitate, wondering if their ideas will work. Back then, forums to validate ideas weren’t common. Now, we’re lucky to have mentors and platforms like Idea Pattarai, where experts help validate ideas and guide others. The lesson I learned from Mr.Suresh Sambandam: 𝙋𝙧𝙤𝙙𝙪𝙘𝙩-𝙈𝙖𝙧𝙠𝙚𝙩 𝙁𝙞𝙩 ✅ Ideal Customer Profile (ICP) – Who exactly is your customer? ✅ Problem – What problem are you solving for them? ✅ Solution – How does your product or idea solve that problem? It's that simple, but also that powerful. If You have a Product-Market fit idea? Are you ready to work with your soul and blood, then it will definitely work. #DigiCovai #ProductIdeas

Last week Zomato got into the spotlight for showing interest in Paytm's movie ticketing and events business. Here's our analysis on whether it will suit its appetite. Zomato has been on a roll this year. The holy grail of net profitability has come along. The Deepinder Goyal-led food-tech pioneer has also managed to expand its online grocery delivery business with precision. The stock market has certainly taken note, rewarding the company handsomely. Zomato’s market cap touched USD20 billion. It debuted on the bourses in July 2021 at about USD8 billion market cap. But at this point, if there's someone following Zomato more closely than stock market investors or its customers, it's the folks at BookMyShow. In its 25-year existence, the company has always remained the top choice for customers looking to book movie or events tickets online. BookMyShow had gone through near-death experiences at least thrice in the past, but they were driven by external factors rather than competition in the sector. Pre-Covid it had a brief fight with Paytm but before that story could reach its climax Covid acted as a villain and disrupted the whole industry. Now Paytm has its own issues and movie ticketing is the least of their focus. This should have brought BookMyShow to a comfortable position. But BMS never had it easy and is unlikely to have it any further. BookMyShow had gone through near-death experiences at least thrice in the past, but they were driven by external factors rather than competition in the sector -- dotcom burst, global meltdown besides the pandemic. Now Zomato is planning to enter this turf. Of late the firm is being applauded for getting profitable and expanding its online grocery delivery business Blinkit with precision. The key has been a superior execution capability than the peers. While BookMyShow's Ashish Hemrajani is adept at weathering storms. Deepinder Goyal excels at creating thunder. How would a dual pan out? Will BMS manage to maintain its monopoly? Will Zomato adopt an all-in strategy, similar to what it did with Blinkit? Read along ET Prime

I've got bad news. That event ticket you're holding on to tightly? It doesn't guarantee freedom from unexpected plans. It's simply a piece of paper, or a screen icon, that might become useless if last-minute changes interfere. The good news is Zomato's new "Book Now, Sell Anytime" feature is here to revolutionize your event experience. Once you acquire it, you'll realize that flexibility and peace of mind are priceless, teaching you that no ticket should tie you down. So should you embrace this feature? Of course. It’s magnificent. Zomato’s innovative approach not only dissolves booking anxieties but also ensures ethical resale practices are in place, safeguarding both genuine buyers and sellers. It's a win-win in the ever-evolving world of live events. #Zomato #EventPlanning #FlexibleBooking #LiveEvents #InnovativeSolutions #TicketResale #EventExperience #PeaceOfMind #CustomerExperience #WinWin #TechInEvents #BookingAnxiety #EthicalResale #EventInnovation

Zomato spent ₹2,048Cr to break BookMyShow's monopoly To understand why, we must look at BookMyShow's revenue which is ₹1,000Cr 70% of this comes from ticketing (movies & events) and the rest comes from organising live events. Now, if we look at the revenue of PayTM's entertainment & ticketing business, in FY24 it did ₹297Cr which is ~1/4th of BookMyShow But this is where things get interesting Zomato's going out vertical is already on track to do ₹400Cr in revenue this year, even if this acquisition doesn't result in any growth, the cumulative revenue after this acquisition will be ₹700Cr, making it a very big threat to BookMyShow's monopoly. Also unlike PayTM, Zomato understands how to scale up a marketplace business & has spent years building the going out vertical internally. All in all, I'm pretty excited to see how this unfolds --- By the way if you want to learn more about how Zomato, tune in to our latest episode: https://lnkd.in/g4usXZ7N

🎬 Zomato District vs. BookMyShow: The Battle for Your Going-Out Plans! 🍿 The competition is heating up in the entertainment and going-out segment! 🔥 📍 Zomato District is taking bold strides by consolidating its offerings into one seamless platform. With its strong brand, massive user base, and innovative strategies, Zomato is stepping up to challenge industry leaders. 🎟️ BookMyShow, backed by Reliance, has long been the go-to for movie tickets and events. But with Zomato’s new focus and resources, the game might be about to change! 🔑 Key Features to Watch: Zomato District: Streamlined booking for dining, events, and more. BookMyShow: Established expertise in ticketing and live entertainment. Who will emerge as the ultimate choice for your weekend plans? 💬 We'd love to hear your thoughts! Which app do you think has the edge in this rapidly evolving space? #ZomatoDistrict #BookMyShow #EntertainmentTech #WeekendPlans #Innovation --- "Where Will You Book Your Next Plan?" Would you like me to generate an image for this?

Zomato is gearing up to challenge BookMyShow, and it's great news for us. Paytm is selling its movie and ticketing business to Zomato for around Rs. 1500 crores. BookMyShow has dominated the market, earning Rs. 1076 crores last year, while Paytm only made Rs. 93 crores. This monopoly has made BMS complacent, with issues like: - Poor location accuracy and theatre listings. - Difficulty finding Lounger seats. - Lack of artist content for events. - Rare consumer-focused app updates. - Artist dissatisfaction with BMS. Zomato excels at rapid innovation and customer satisfaction with features like Celebrity wishes, Zomato Live, and Zomaland. I’m excited for Zomato to break BookMyShow monopoly and shake up the market. #zomato #paytm #bookmyshow #competitionisgood

💡 Could Zomato enter the cab services market? Here's why I think they should! 🚖🍽️🎟️ Zomato India has been expanding its services, from food delivery to acquiring Paytm Ticketing for event bookings and concerts. Now, it seems like a natural progression for Zomato to consider integrating cab services into its ecosystem. Here’s why: 🚗 Convenience for Customers: Many people attend events or visit restaurants but struggle to find a cab, especially during peak hours. High demand often leads to surge pricing, delays, and frustration. If Zomato could offer integrated cab services or collaborate with brands like OLA, Uber, or Rapido, it would eliminate the hassle and provide seamless transportation alongside their booking services. 📈 Boost in Revenue: Expanding into cab services could open new revenue streams for Zomato. Whether they partner with existing cab companies or introduce their own service, the potential for customer satisfaction and loyalty would increase tremendously. 🎯 Customer Satisfaction: Imagine booking a restaurant or event and securing a ride at the same time – no delays, no surge pricing. It’s a service that’s bound to enhance the overall experience for customers, giving Zomato an edge in the market. With their tech infrastructure and user base, this could be a game-changer for Zomato. What do you think? Should they consider taking this step? 🤔 Deepinder Goyal #Zomato #Innovation #CabServices #CustomerExperience #BusinessStrategy #TechIntegration #EventManagement

Zomato is setting its sights on a new battleground 👀 – the foodtech giant is in talks to acquire Paytm's events and movie ticketing business for an estimated INR 1,500 Cr👇 This acquisition would be Zomato's biggest bet since the INR 4,477 Cr Grofers deal, later rebranded as Blinkit – and could signal its intent to become a one-stop shop for all things food and entertainment. The anticipated acquisition holds significant potential for Zomato and the broader entertainment and event ticketing market in India – which is expected to reach $2.3 Bn by 2025. The deal would allow zomato to: 🔸 Expand its 'Going Out' segment – Zomato launched a dedicated 'Live' tab featuring events like Zomaland in 2018. Acquiring Paytm's ticketing business would significantly bolster this segment and position Zomato as a competitor to BookMyShow, the current market leader. 🔸 Boost Customer Base & Revenue Streams – Zomato can leverage Paytm's user base and cross-promotional opportunities to expand its reach. Additionally, the ticketing business offers new revenue streams through convenience fees and partnerships. Meanwhile, Paytm is looking to streamline its operations and focus on its core payments and financial services business. The ticketing segment, while growing (Wasteland Entertainment's revenue rose from INR 46.5 Cr to INR 191 Cr in FY22-23), might not be a strategic priority. Can the Zomato-Paytm deal be the next blinkit story in the making? 🤔  Let us know your thoughts in the comments! #zomato #paytm #trending

As the foodtech and fintech worlds collide, Zomato's potential acquisition of Paytm's events and movie ticketing business signals a bold move towards creating an all-encompassing experience for Indian consumers. By marrying food delivery with entertainment options, Zomato is poised to revolutionize the way we approach leisure activities. With the entertainment and event ticketing market projected to soar to $2.3 billion by 2025, this strategic move could cement Zomato's status as a trailblazer in the industry. By diversifying its offerings and capitalizing on Paytm's user base, Zomato is primed to unlock new revenue streams and solidify its position as a leader in the digital landscape. As we witness this exciting development unfold, it's clear that the future of foodtech and fintech is being rewritten before our eyes. Buckle up, folks - the possibilities are endless!