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The funding environment signals a pause for breath rather than a complete halt of funding, the report says. As firms focus on profitability, growth slows down, which further pressures valuation. Slower growth also results from startups trying to preserve their capital, as incremental funding has become more difficult ....
In 2008, Amagi Media Labs was a small tech startup in India with its eye on the nascent streaming market. On Wednesday, Amagi became a unicorn after raising $95 million in a round led by Accel, bringing the company’s total funding to around $150 million since 2013. Amagi’s sell-side technology uses a cloud-based, software-as-a-service (SaaS). Continue reading » ....
Cosmos-Maya, Indian Animation Studio, Acquired by Financier NewQuest Capital (EXCLUSIVE) Patrick Frater, provided by FacebookTwitterEmail The deal terms were not disclosed. More from Variety 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.” ....