New Delhi: CineNow Ltd, a British Virgin Islands-registered company, is in the process of closing a Rs 1,350 crore fund with commitments from overseas investors and family offices to finance films in India.
Most of the commitments have come for this close-ended fund with a tenure of 6 years, CineNow founder director Rohit Dalmia told PTI.
“CineNow is building a new category at the intersection of finance, entertainment, and technology by transforming film intellectual property (IP) into a structured, investable asset. At its core is a Secured Participation Fund that provides exposure to a curated slate of films rather than a single title, with capital backed by enforceable rights across OTT, satellite, music, and ancillary revenues,” he said.
CineNow is establishing a wholly owned subsidiary in the UAE to serve as its operational and investor-relations base, tapping into regional media ambitions and liquidity. CineNow’s Film IP bets on the UAE as Indian Cinema’s next capital hub.
