Other Private Equity/Strategic Investments

Film & digital studio startup Content Engineers raises $50-M from Veear Projects

PTI  

Mumbai-based film and digital studio startup Content Engineers has raised USD 50 million (over INR 370 crore) as an initial investment from Veear Projects. The funds will be used to create intellectual properties of creative content - including feature films, web series, documentaries and docudramas - to cater to theatrical and OTT space. Led by ex-Jio Studios Chief Marketing Officer Saurabh Varma and ex-Cinepolis Gulf and Sony Pictures executive Utpal Acharya, the firm plans to set up its ideation cell, media-tech initiatives, technology innovations, VFX studios, post-production unit and a virtual production and script lab.

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