Suriya invests in HeroTalkiesPublished: December 26, 2015
Chennai-based HeroTalkies, an entertainment start-up offering legal, online streaming of Tamil Movies, has raised its first round of investment from actor Suriya’s 2D Entertainment and a group of High Net-worth Individuals (HNIs).
According to a press note, other investors include Sanjay Arjundas Wadhwa (a leading movie distributor) and NRI investors Balaji Panchapakesan (UK), Shankar Venkatesan (Poland) and Vasikaran Venkatesan (USA).
“As a forward-looking organization we are keen on exploring several partnerships that expand our existing portfolio in the entertainment industry. With movies moving towards digitization it was a logical step to bring into our fold an online streaming platform”, said Rajsekar Pandian, CEO of 2D Entertainment Private Limited.
“We are really excited to welcome our new investors. To have someone like Suriya not just endorse but invest in us is a big shot in the arm. The faith shown by them is a huge concept validation. We see exciting times ahead”, said Pradeep V S, Co-Founder & CEO of HeroTalkies.
A significant portion of the investment raised will be diverted towards content and customer acquisition across different geographies.