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...