Comic characters and story creator for digital and mobile platform startup Graphic India Pte Ltd has raised $5 million funding from Liquid Comics LLC. Start Media LLC, 3One4 Capital, Julian Farrior, co-founder of Backflip Studios Inc., and Neeraj Bhargava, founder of Zodius Capital were also present in the round.
The raised development will be utilised to launch its animated characters on a global scale and penetration in TV/film distribution and VR content.
The company is currently in the business of of digital comics creation and animation content in partnership with celebrities and animators including Stan Lee, Amitabh Bachchan, Grant Morrison, S.S. Rajamouli, and Arka Mediaworks reported a financial daily.
It has developed fantasy characters and shows including Chakra: The Invincible, Astra Force, Baahubali: The Lost Legends, 18 Days: The Mahabharata, among others. These shows are streamed on portals like Prime Video and YouTube, and on TV channels like Disney and Viacom18’s Colors.
“Our mission at Graphic India is to create characters and stories that are uniquely Indian, but entertaining and inspiring to audiences around the world. India has the world’s largest youth population and its time it shared an equivalent portion of the annual multi-billion-dollar character entertainment industry,” said Devarajan, chief executive officer of Graphic India in a statement.
“As they (Graphic India) move into live action and virtual reality, Graphic will continue to lead India’s character entertainment industry with multi-platform superhero properties,” Rajesh Kamat, co-founder of Graphic India added.
(First reported on Mint)