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PictureTime, a mobile digital movie theater startup received a Rs 25 Crore investment at an unrevealed valuation in a Pre Series A funding round. The funds will serve to provide up to 100 operational additional digiplex cinema theaters by March 2019. PictureTime offers cinema service in rural and semi-urban areas by converting a truck into a fireproof inflatable cinema theater where up to 120-150 people can watch a movie. It takes two hours for the digiplex cinema to be fully set up. PictureTime offers a mobile cinema with seating arrangements and digital projectors and 5.1 Dolby surround sound for a high-quality cinema experience. Tickets range between Rs30-50. Outside the digiplex are installed local food courts, gaming activities and entertainment to provide peopl...

Multiplex chain operator PVR unveiled its theatre-on-demand service ‘Vkaao’ and plans to add 100 screens by the end of next fiscal across the country. “We plan to add 30 more screens by end of this financial year and another 70-80 screens in the next fiscal. Half of these new screens will come in the existing cities where we operate and half will be in new cities,” PVR joint managing director Sanjeev Kumar Bijli said. PVR operates 562 screens in 122 properties in 48 cities in India. “Vkaao is an online platform that enables consumers to watch any movie of their choice at a theatre. Vkaao is very disruptive and gives control to customers to choose what they want to watch, when and where,” PVR Pictures CEO Kamal Gianchandani said. Mr. Gianchandani said that Vkaao, a part of PVR Pict...

Tag: Cinema

PictureTime, a Movie Theater For Rural Areas Raises 25 Crore Funding

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