BookMyShow acquires majority stake in college festival enabler TribeVibe

BookMyShow, online ticketing and entertainment platform, has acquired a majority stake in fellow Mumbai-based TribeVibe, a one-stop solution for college festival entertainment. BookMyShow's investment is expected to aid TribeVibe's growth trajectory with a 4X increase in revenue targeted over the next one year. TribeVibe was launched with an aim to transform the college festival experience. The platform provides end-to-end assistance and access to India's renowned artists for collaborations, partnerships and production of small and large-scale college events across multiple formats and genres.