A & MA Capital USA is anticipated to provide additional funding to the startup within the following two quarters, according to Planet Marathi.
The funding will be utilised to improve the platform’s offerings and content slate, according to the company founder Akshay Bardapurkar.
To improve its technological skills, the OTT platform has also signed a strategic partnership with media tech company Dcafe.
A&M Capital USA, a private equity firm, has invested $5 million in the regional over-the-top platform Planet Marathi.
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According to a statement from Planet Marathi, over the next two quarters, the PE company is anticipated to increase its investment in the startup.
Planet Marathi founder Akshay Bardapurkar said that the investment will be used to enhance the platform’s offerings and content slate.We are committed to growing the Indian regional entertainment space. As a company, we remain dedicated to bringing the best quality entertainment on OTT, and with our new partners, we will take this dedication to new heights,” Bardapurkar added.
Marathi language content is available on website. Its material spans a number of genres, including satire, politics, crime, family drama, humour, romance, and crime.
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In addition to the investment, Company announced that, in order to bolster its technology skills, it has signed a strategic relationship with media tech startup Dcafe.
About Planet Marathi
Planet Marathi was founded in 2017 by entrepreneur and founder Akshay Bardapurkar to promote Marathi films, arts, and culture worldwide. His idea to package Marathi Arts and Entertainment’s rich material and aesthetics in a distinctive.
