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Planet Marathi OTT Secures $5 Million Investment from A & MA Capital USA

by MN4U Bureau
July 11, 2024
in OTT
Reading Time: 1 min read
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Planet Marathi OTT Secures $5 Million Investment from A & MA Capital USA
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After three years, Planet Marathi OTT secures a major investment from A & MA Capital USA, a USA-based private equity firm. The initial investment amounts to around 5 Million USD, set to grow in the coming quarters and stands as a landmark investment in India’s regional entertainment industry.

Commenting on the investment, Akshay Bardapurkar, Founder, Planet Marathi OTT, stated “We are committed to growing the Indian regional entertainment space and with this significant investment we are prepared to bolster our offerings and content slate. As a company we stay dedicated to bringing the best quality entertainment on OTT and with our new partners we will take this dedication to newer heights.”

In addition to the private equity investment, Dcafe, a globally renowned media-tech company, has also entered into a strategic agreement with Planet Marathi OTT, further strengthening its technological capabilities. “Partnership with Dcafe platform represents a significant milestone for us, solidifying our position in the tech-driven entertainment landscape,” Bardapurkar added.

Planet Marathi OTT leads the Marathi entertainment industry by using strategic investments to enhance its content library and technological infrastructure.

Planet Marathi OTT showcases diverse genres with award-winning content, redefining Marathi digital media. It stands out with national award-winning shows like Goshta Eka Paithanichi and popular web series Raanbaazaar, leading the industry with the largest Marathi content library.

Tags: Akshay BardapurkarBardapurkarDcafeGoshta Eka PaithanichiPlanet Marathi OTTRaanbaazaar

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