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Latest Muvizz News
Aug 21, 2017
Reddit Buffer Google Pinterest Stumbleupon Mail Print Delicious Singapore based Investment Banking and Advisory firm, Midas Investments Consulting Pte Ltd has launched a $150 million Midas Global Media Opportunities fund. The fund will invest in a diversified portfolio of Media and Entertainment related projects, assets and ventures such as Films (including mainstream / Indie films – Production and Distributions), Digital and Broadcast Content (including Short Films, Web Series, Television), Global Events (Entertainment, Social and Corporate), Talent Management and New Age Media technology firms. The Fund will diversify its allocation across the different industry verticals and across geographies. While the main geographic focus is India and China, the fund will also invest in selective Media and Entertainment related opportunities across Europe, Australia, Canada and the United States. To begin with, Midas Entertainment LLP, which is the Fund’s Singapore based operating entity for deployment into various media projects and ventures, has entered into a Long-Term MoU and Strategic Partnership with the two fast growing media companies – Indie Muvizz Pte Ltd and M! Capital Ventures Pte Ltd. Indie Muviz Pte Ltd owns the Digital Content and Online Streaming / VoD platform Muvizz.com. Under the Muvizz.com brand, Indie Muviz has produced two of the most viewed and acclaimed short films in India – Taandav and Kriti. Muvizz has also co-produced a couple of feature films in the recent past and is organising the first edition of the South Asian Film Festival in Singapore. M! Capital Ventures Pte. Ltd is a Singapore based Movie Production, Distribution and Film Investment entity which focusses on mainstream Film productions and distributions. Details of the MoU are not available at this stage. Besides these two entities, Midas Entertainment LLP is also in advanced discussions with a leading Hollywood Studio and a China based Production entity for their US and China strategy, respectively. The $150 million amount has been raised in tranches of $30-50 million through commitments from a mix of investors such as Financial Institutions, Private Equity Funds, Corporates, Pension Funds as well as Ultra High Net-Worth Private Investors and large family offices. Mr Inder Preet Singh, Managing Director Midas Investments and Chairman Midas Entertainment LLP, says “This is a very interesting space for our investors not only from a diversification perspective but also with the exponential growth in Mobile and Digital technologies that we are witnessing, the demand for content will only increase with time and we want to capitalize on this. Our Vision is to leverage our Global Investors and Entertainment Industry network to build a World Class Media and Entertainment Company promoting social and cultural integration globally.” Abhayanand Singh, Founder of Indie Muvizz Pte Ltd, says “Muvizz has been committed to independent films and filmmakers and this partnership will only help all parties in creating some great content together and more importantly in taking them to a wider audience globally.” Saurabh Gupta, Managing Director and Co-Founder, M! Capital Ventures, says “We are really excited with our Strategic Partnership with Midas Entertainment LLP. Our entity, which is backed by The Asian Film Fund and Private Investors has already managed to be associated with profitable and some of the top performing Indian films since last year and with this partnership, we can now further expand our slate of mainstream projects across India and the region.” Like this content? Sign up for our daily newsletter to get latest updates. 49
Muvizz Frequently Asked Questions (FAQ)
What is Muvizz's latest funding round?
Muvizz's latest funding round is Angel.
How much did Muvizz raise?
Muvizz raised a total of $350K.
Who are the investors of Muvizz?
Investors of Muvizz include Kumar Shwetabh, Ashish Todi and Abhinav Patodia.
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