Singapore-based e-ticketing platform Q-tickets is set to expand its international presence in India.
The operator is currently active in the UAE, Oman, Bahrain and Qatar and has gained significant market share. It has attracted more than one million users, sold more than eight million tickets and managed many prestigious events, including the cricket T10 league in the UAE and the Pakistan Super League.
Q-tickets provides ticketing services for movies, plays, concerts, sporting events and food events.
Q-tickets was earlier this year awarded the Best Digital SME of the Year title by ictQatar, the Supreme Council of Information & Communication Technology, which regulates telecoms in the country.
Revenue in the event ticketing segment in India currently amounts to $153m (£115m/€130m) and is expected to show an annual growth rate of 32.4 per cent resulting in a market volume of $622m in 2022, according to statista.com.
Last year, Bigtree Entertainment, the Indian company that owns the country’s largest online ticketing platform, BookMyShow, raised $81.5m in its latest round of funding led by the US-based Stripes Group.