New Delhi, Nov. 11 -- The box office has been volatile, and subscriptions have plateaued in a crowded streaming services market. Yet, that hasn't deterred investor interest in content and entertainment firms.
This September, veteran stock market investor Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and market veteran Utpal Sheth together acquired a 3.3% stake in visual effects firm Prime Focus for Rs.146.2 crore. In May, ReelSaga, a mobile entertainment startup founded in 2024 by serial entrepreneurs Shubh Bansal, Shanu Vivek, and Ritesh Pandey, raised $2.1 million in a seed round led by Picus Capital.
Audio entertainment firms Pocket FM and Kuku FM have raised $103 million and $85 million, respectively, this year. Enam Securit...
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