"Tumbbad" premiered in the critics' week section of the 75th Venice International Film Festival—the first Indian film to be screened there. It was also screened at: the 2018 Fantastic Fest, Sitges Film Festival, the Scream fest Horror Film Festival, the El Gouna Film Festival, 23rd International Film Festival of Kerala, Morbido Film Fest, Brooklyn Horror Film Festival and Nitte International Film Festival. It was released on 12 October 2018 to mostly positive reviews with critics praising the visuals. Made on a production budget of , the film grossed a total of at the box office, making it a profitable venture. "Tumbbad" received eight nominations at the 64th Filmfare Awards winning three for Best Cinematography, Best Art Direction and Best Sound Design.