Panorama Studios invests in vertical OTT streaming platform Rocket Reels at Rs.200-Cr valuation
New Delhi-based Panorama Studios has invested in Mumbai-based vertical OTT (over-the-top) platform focused on original short-form stories, Rocket Reels . The transaction was completed at a valuation of INR 200 crore.Founded by Kranti Shanbhag, with filmmaker Vikram Bhatt, Rocket Reels intends to use the investment to enhance its technological capabilities and strengthen its content pipeline. Additionally, the firm plans to use the funds to accelerate the production of premium original series across various genres and support its expansion into global markets.
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