India is yet to have its Toy Story moment, tipping point for animation : Anish Mehta, Cosmos Maya
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From a team of 30 in 2011 to a workforce of more than two thousand in 2021, how Maya became Cosmos Maya and roped in private equity investment.
In 2010, Maya - an animation academy and entertainment studio sold Maya Academy of Advanced Cinematics to Aptech for around Rs 76 crore. It was left with a 30-member team and the promoters Ketan Mehta and Deepa Sahi both filmmakers, elevated chartered accountant Anish Mehta as the CEO. They sat together in 2011 and the aim was to transform into a global company.
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NewQuest Capital partners takes over Cosmos-Maya as Emerald Media exists
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Cosmos-Maya, Indian Animation Studio, Acquired by Financier NewQuest Capital (EXCLUSIVE)
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The deal terms were not disclosed.
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Cosmos-Maya was founded some 25 years ago by Indian filmmakers Ketan Mehta and Deepa Sahi. It produces high quality 2D and 3D animated content, with a focus on creating IP in the kids’ animation space. Its flagship shows include “Motu Patlu,” “Selfie with Bajrangi,” “Titoo,” “Eena Meena Deeka,” and “Dabangg.”
The company is currently working on multiple Indian animation TV series with all the major linear & non-linear broadcasters. It has 18 shows on air and 10 in production, including four finished European co-production series and an international animation feature film “Dogtanian and the Three Muskethounds.”