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CineNow Raises Rs 1,350 Crore Fund to Invest in Indian Film IP and Entertainment Finance

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CineNow Raises Rs 1,350 Crore Fund to Invest in Indian Film IP and Entertainment Finance

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 said. "CineNow is building a new category at…

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