Bigtree Entertainment, which owns movie and entertainment ticketing portal BookMyShow , has raised over Rs 550 crore led by US based growth fund Stripes Group in one of largest rounds of funding for an Internet company this year.The round, which also saw the participation from all existing investors, Network 18, Accel Partners, and SAIF Partners, values the portal at more than Rs 3,000 crore, the company said.“We will continue to invest in enhancing user experience through our data analytics engine , and building contextual entertainment content including videos, reviews, discovery,” said Ashish Hemrajani, CEO and cofounder, BookMyShow.According to Hemrajani, the company is now well capitalized to invest in strengthening its leadership position for the next three years.“Already the clear leader in movie and live event ticketing, BookMyShow is uniquely positioned to tap into India’s digital advertising and entertainment markets, which are among the fastest growing globally,” said Dan Marriott, Managing Partner, Stripes Group.The latest round of funding raised is more than double of the total capital Bookmyshow has raised over the last six years. In 2014, the company last raised Rs 150-crore from SAIF Partners, Accel Partners and Network18 Media, valuing it at over Rs 1,000 crore.BookMyShow, which was relaunched in 2007, is India’s largest online entertainment ticketing platform that allows users to book tickets for movies, plays, sports and live events.“The current round of investment will further allow the company to make key investments in newer domains and enhancing the depth and coverage of entertainment needs of Indian consumers,” said Deepak Gaur, Managing Director, SAIF Partners.Bookmyshow currently gets 60% revenue from movie ticketing, and the rest 40 % from sports, live shows and plays. As of March 31, 2015,bookmyshow.com recorded an average of 42 million visits per month and sold over 4.5 million tickets per month, a 60% growth from 2014.The company has doubled the number of tickets sold in FY16 to 100 million tickets and plans to continue to grow at that pace. Along with booking tickets, Bookmyshow is also now focusing on the generation of user content through its review platform and creation of special marketing campaigns for new movies.