Nikhil Kamath, a co-founder of Zerodha, has contributed an undisclosed sum of money to the Mumbai-based creative talent management company Collective Artists Network.
The investment, which included a secondary transaction, allowed InMobi’s Glance, which had previously invested in Collective in 2021, to leave with a return of more than five times.
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Collective Artists Network, founded in 2009 by Vijay Subramaniam, provides comprehensive solutions including media distribution, influencer marketing, youth marketing, production, creator tech, talent management, and creative strategy.
This investment comes after Gruhas, financed by Nikhil Kamath, and Collective Artists Network worked together earlier this year.
They jointly launched the Gruhas Collective Consumer Fund which aims to support consumer-focused businesses and draw outside investment.
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About Collective Artists Network
A Creative Community that is Integrated and Drives Dreams. Artists Collective Network is who they are. The only popular culture marketplace in India.
