Stock Report

Visagar Financial Services Ltd to venture into Media Finance Business



Posted On : 2023-08-07 10:55:25( TIMEZONE : IST )

Visagar Financial Services Ltd to venture into Media Finance Business

Visagar Financial Services Ltd has announced its strategic decision to expand its portfolio into the media finance business. Leveraging its expertise in financial services and recognizing the immense potential in the mass consumed media and entertainment sector, the Company aims to become a niche player in the media finance category.

Existing Synergies & Ecosystem:

Visagar Financial Services Ltd is uniquely positioned to explore synergies with its sister concern and associated media companies. By pooling resources, knowledge, and networks, the Company aims to create a comprehensive and seamless financial ecosystem catering to the specific requirements of Media & Entertainment clients.

Customized Solutions:

In its foray into the media finance domain, the Company aims to offer tailored financing solutions to producers on a case-by-case basis. The Company plans to collaborate closely with filmmakers to structure finance packages that align with their project's specific needs and financial objectives.

The Company recognizes the significance of fostering partnerships with vital stakeholders in the film industry. To ensure the success of client's projects, the Company plans to actively explore collaborations with various agencies, including production houses, post-production studios, distributors, OTT platforms, and other entities involved in the film-making process. These strategic partnerships shall facilitate the seamless execution and promotion of films / web-series while ensuring optimal financial returns for all stakeholders.

Mr. Tilokchand Kothari, Director of the Company, expressed his thoughts for this new venture, stating, "Media is one of the most mass-consumed commodity. We are excited to step into the media finance space and support the vibrant film industry. With our strong financial background and experience of media industry, we are confident in providing producers with the right financial backing to bring their creative visions to life."

Source : Equity Bulls

Keywords

VisagarFinancialServices NewBusinessForay MediaFinanceBusiness