Online Movie Portal Hero Talkies Raises its First Round of Funding from Actor Suriya

Founded in 2014 by V. S Aathitiyan and V. S. Pradeep, Chennai-based a legal entertainment startup HeroTalkies.com, an online streaming of Tamil movies, has raised its first round of funding from actor-producer Suriya’s 2D Entertainment and a group of High Net-worth Individuals (HNIs). The other investors who participated in the round include Sanjay Arjundas Wadhwa (a movie distributor in South India), and NRI investors Balaji Panchapakesan (UK), Shankar Venkatesan (Poland), and Vasikaran Venkatesan (USA).

The raised funding will be used for content and customer acquisition across different geographies and increasing the firm’s customer base. The startup has 30,000 users who have signed up and 7,500 subscribers in 55 countries including the U.S., U.K. and Canada. The firm has even forayed into Iraq, Chile and Nigeria.

Speaking on the development, Rajsekar Pandian, CEO of 2D Entertainment said, “As a forward-looking organisation we are keen on exploring several partnerships that expand our existing portfolio in the entertainment industry. With movies moving towards digitisation it was a logical step to bring into our fold an online streaming platform.”

The company has created a movie distribution model (to make and deliver good quality movies), in addition to the existing channels such as theaters, DVDs, etc. HeroTalkies focuses on nurturing ideas and creating engaging entertainment as well as supplies the HD latest movies officially outside of India, which in 2 to 5 weeks of releasing the movies.

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