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Broadcasting Business Seeking Loan in Bhubaneswar, India

Film production house with a released feature film seeking loan to start an OTT platform.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Broadcasting + 1 more
Locations  Bhubaneswar
Local Time 2:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 340 thousand for 12.0% annual interest, 2 years (Native Currency: INR 30,000,000)
Reason: Funds will be used to launch the OTT platform.
Collateral Available: USD 113 thousand
Includes physical assets worth USD 113 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Bhubaneswar-based film production business.
- We have produced one feature film that has been released in cinemas in Bangalore and Odisha.
- We plan to launch our own OTT Platform and produce feature films in the bilingual.
- We have registered our banner and distribution with the Utkal Cine Chambers of Commerce, Odisha.
- We have also registered a new film title. We have already made a small investment and now seek a loan to start production.
- The film will be completed within 4 - 5 months and will be released on the OTT platform.
- Our OTT platform will be available soon on both Android & iOS and the bandwidth testing phase is going on.
- The promoter has 3 years of experience in the industry.
- The pandemic resulted in delayed payments from the theatres for the first film which is worth INR 80 lakhs.
Products & Services Overview
Film, short films, feature films and OTT content.
Assets Overview
Computers, laptops, cameras, HDD, printer, shooting equipment, and a feature film.
Facilities Overview
Rented an editing and dubbing studio, and a DI room.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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