Tuesday, April 16

Tag: wishberry

Top 5 Funding Of he Week (9th July – 14th July)
FUNDING

Top 5 Funding Of he Week (9th July – 14th July)

The previous week was quite eventful in terms of funding activities and it witnessed various companies that raised a noticeable amount of funds from different well-known investors. The trending fundraise that took place this week was led by Anil Ambani’s Reliance Big Entertainment, which seems to be an achievement for any startup. Reliance-backed Wishberry and SmartVizX raised the same amount of funds from their respective investors that was Rs 10 crores. Let’s now dig into the details and have a look on the top 5 funding activities that happened in the previous week.           1) WISHBERRY   Wishberry, India’s largest crowdfunding platform for filmmakers and creative artists has secured an amount of Rs 10 crores in Series A fundi...
Wishberry Secures Funds From Anil Ambani’s Reliance Entertainment
FUNDING

Wishberry Secures Funds From Anil Ambani’s Reliance Entertainment

Wishberry, India’s largest crowd funding platform for filmmakers and creative artists has secured an amount of Rs 10 crores in Series A funding round. The particular funding round was led by Anil Ambani’s Reliance Big Entertainment and 3one4 Capital. Dr. Sunil Patil, Director on the Board of Scrabble Entertainment Ltd also participated in the following funding round. The company is planning to utilize the funds so raised for the expansion of the employee base and make the team bigger. A part of the funds will also be used to bring in experienced talent in the film production & distribution segment. Shibasish Sarkar, COO, Reliance Big Entertainment said, “Low budget cinema, has a good opportunity to be monetized with the right strategy. Wishberry's plan to organize funding and di...