Anthill Ventures & Suresh Productions Launch Anthill Studio, a Business Accelerator Program for Tech Startups
Anthill Ventures and its network of investors will look at investing up to $1 million in each of the most promising media and entertainment start-ups.
Anthill Ventures, an investment and scaling platform for early growth stage startups, in partnership with Suresh Productions, one of the largest Indian film production and distribution Company, launches Anthill Studio.
Anthill Studio is a business accelerator program for technology start-ups that are building solutions for the media and entertainment sector. Popular Indian actor, producer Rana Daggubati and technology investor, founder of speed-scaling accelerator Anthill Ventures, Prasad Vanga will be spear-heading the studio.
The studio’s launch will add to the global startup ecosystem and will focus to co-innovate solutions in the areas of Filmed Entertainment, Television, Gaming and Digital Media. The Key technologies that will be focused on are Augmented & Virtual Reality (AR / VR), Artificial Intelligence (AI) & Machine Learning (ML), Visual Effects (VFX), Real-time Cloud Rendering, and Big Data.
“The movie making business has gone through a significant transformation in the last 15 years with technology being the single largest differentiator. Studios all around the world have incorporated the latest tech in areas such as VFX, gaming, internet-based media, AR/VR, streaming, cloud tech, and smart content creation to produce movies and other content that have engaged audiences.’’ said Rana Daggubati, Indian Actor, Producer and Investor, Suresh Productions.
“Anthill Ventures is proud to be associated with Rana Daggubati & the Suresh Productions team to launch the Anthill Studio accelerator program. Anthill Studio will bring the best of tech to the media & entertainment world by engaging global startups in a 3-month long acceleration program. The accelerator will bring the very best of industry expertise, tech mentorship, business scaling and access to smart capital. Media & Entertainment is a key focus area for Anthill Ventures’ upcoming $100 million fund. I am personally excited by this joint venture between Suresh Productions and Anthill Ventures and look forward to co-innovating new solutions in this space.” Said Prasad Vanga, Founder & CEO, Anthill Ventures.
“Having invested in tech startups over the last 15 years, I have seen the first-hand impact of technology in our films. From providing support services for visual effects to making full blown VFX spectacle films like Baahubali, Robot, Eega, Arundhati etc. Our partnership with Anthill Ventures will be able to find the next set of technologies that will transform the media & entertainment industry”, added Rana.
"I believe Anthill is best suited to be our partner in this journey given their rich experience in sourcing the best startups from around the world and accelerating them. Through this partnership, Suresh Productions will bring the best of industry talent, facilities, testing platforms, and a large set of future customers for these startups", commented, Rana Daggubati on Suresh Production’s partnership with Anthill Ventures.
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