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Venture capital firm Accel Partners has invested Rs 100 crore to buy a minority stake in Big Tree Entertainment Pvt Ltd, which runs entertainment ticketing Web site BookMyShow.
This was done through a mix of primary infusion of capital and secondary sale of shares by existing investor Network18 Media and Investments.
Before the stake sale, Network18 Media and Investments held 60 per cent stake in Big Tree, which has now shrunk to 40 per cent.
Earlier during the year, Network18 sold its stake in one of the Capital18 investee companies, NetworkPlay to Bertelsmann.
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