PE-VC Fund Investments
Micro-drama OTT platform Flick TV raises $2.3 M led by Stellaris
Noida-based micro-drama over the top (OTT) platform Flick TV has raised USD 2.3 million (INR 19.7 crore) in a seed funding round led by Stellaris Venture Partners, with participation from Gemba Capital and Titan Capital.The fresh proceeds would be used to scale up the firm’s content production in four regional languages. The startup will also use the capital to optimise its streaming experience on smartphones and expand the team as well as user base.Launched in April this year by former ShareChat executives Kushal Singhal and Sanidhya Mittal, with former Pocket FM senior director Pratik Anand, Flick TV aims to address the gap of narrating stories to audiences who consume snackable content online. Currently, the startup incubates four production houses to generate content for its audience. Flick TV claims more than 10,000 downloads till date on Google Play Store app.
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