MxMIndia

Tag: Abhayanand Singh

  • Forays into animation and VFX

    Vistas Media Capital acquires stake in Paperboat Design Studios

    By Our Staff

     

    Singapore-based media and entertainment-related investments company, Vistas Media Capital, has announced the acquisition of a majority stake in Paperboat Design Studios, an animation and design company. The studio, with more than 250 full-time employees across offices in Mumbai and Hyderabad, will, notes a communique, help stride Vistas Media Capital’s growing media ecosystem that spans across film and video content, NFT, gaming and metaverse.

     

    Said Abhayanand Singh, Group CEO, Vistas Media Capital: “Paperboat is a team of passionate, talented and creative people, with a proven track record in animation and VFX. We welcome them to the Vistas eco-system and hope to have a synergistic relationship to grow the business beyond India across content, gaming and metaverse.”

     

    Added Soumitra Ranade, CEO and Co-Founder of Paperboat Design Studio: “We are extremely excited about being a part of Vistas Media Capital as it gives us an opportunity to explore exponential growth across genres and markets. The capital infused will be used to expand the team, create original IPs, and cross synergize other verticals with them. The business and its offerings are at an inflection point of massive explosion in the post COVID world, across digital and traditional media.”

     

  • To increase investments into India

    Sudesh Iyer picks up stakes in Vistas Media Capital

    By Our Staff

    Sudesh Iyer, former co-founder of Sony Entertainment Television (SET Satellite Pte Ltd Singapore), has picked up a strategic equity stake in Vistas Media Capital (VMC).

    The strategic equity stake in VMC by Iyer creates will see the company increasing its investments into India in the media and entertainment space while it continues to diversify into North America and Middle East. Together, they intend to launch a movie fund which will invest into both receivable financing as well as gap funding of projects. The fund will initially have an India focus and will expand into SouthEast Asia.

    Vistas Media Capital is headquartered in Singapore and led by Abhayanand Singh – NRI Banker turned media entrepreneur and has Raj Nayak, former Viacom 18 COO, on its advisory board.

    Said Singh, Group CEO of Vistas Media Capital: “We are very excited to have Sudesh Iyer as a part of our company as it validates our vision which he has bought into and at the same time he brings in many decades of experience and network in media amongst multiple other winning attributes. His presence on the advisory board and mentorship will surely help the company expedite its growth in this dynamic space.”

    Added Iyer: “I am very excited to join a group of young entrepreneurs who are trying to bridge the gap between creativity and finance. They have a vision which is very well articulated through their recent developments and they are an agile team which is tracking the evolution of the merger of media and technology.”

     

     

  • Recently the Vistas Media board of advisory was strengthened with the addition of Raj Nayak, who will play a critical role in launching a few of their upcoming media initiatives and business growth plans in India

    Singapore NRI Media Entrepreneurs list USD 100,mn SPAC IPO on Nasdaq

    By A Correspondent

     

    Saurabh Gupta
    Abhayanand Singh

    Vistas Media Acquisition Company Inc commenced trading of its $100 million initial public offering on Nasdaq on August 7. The offering consists of 10,000,000 units at a price to the public of $10.00 per unit. VMAC is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses or entities in the Global Media and Entertainment sector.

     

    VMAC is led by CEO F Jacob Cherian, based in New York and former chief executive officer of two Nasdaq-listed SPACs and Singapore based NRI media entrepreneurs and Co-Founders, Saurabh Gupta and Abhayanand Singh.

     

    Piiyush Singh

    Piiyush Singh, VMC’s India partner, who develops, acquires, manages and executes all production and distribution projects for VMC, across Bollywood and Regional content in India, is also Advisor for VMAC. Recently, their board of advisory was strengthened with the addition of Raj Nayak, who will play a critical role in launching a few of their upcoming media initiatives and business growth plans in India.

     

     

  • He will be a sounding board and will advise the co-founders

    Raj Nayak joins Vistas Media Cap’s Board of Advisors

    By A Correspondent

     

    Vistas Media Capital, a Singapore-based content media and entertainment investment holding company, has announces the addition of Raj Nayak to its board of advisors.

     

    He will be a sounding board and will advise the co-founders Abhayanand Singh and India Partner, Piiyush Singh, to grow the business units in India. He would also assist in strategy which will put Vistas Media and its existing businesses on the growth path in India and will play a critical role in launching a few of their upcoming initiatives in the market.

     

    Said Abhayanand Singh, Chief Executive Officer, Vistas Media Capital Pte. Ltd:

    “We are thrilled to have Raj on board this exciting journey which started in 2014. The vast experience which he brings with him will help us gear operations in India as he is known to be an innovation catalyst in the media sector. We welcome the fresh thinking which is forward-looking and has an ability to disrupt the market.”

     

    Added Nayak: “The Media & Entertainment space is growing at an exponential pace in India & this role gives me the opportunity to be a part of the exciting journey of Vistas Capital who have very ambitious plans. The good thing about this role is that it does not in any way restrict or disrupt my other plans in this space.”