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Orenda Group Announces Rs 100 Crore Media Growth Fund With a Slate of Three International Films

Orenda Group has launched the Rs 100 crore Orenda Media Growth Fund, backed by a three-film international slate.


10 Sept 202610:25 am

Orenda Group Announces Rs 100 Crore Media Growth Fund With a Slate of Three International Films

Quick Answer

The Orenda Media Growth Fund is a Rs 100 crore Alternative Investment Fund launched by Orenda Group along with National Award-winning actor-producer Manasi Parekh, singer-performer-producer Parthiv Gohil, and Los Angeles-based actor-producer Rashaana Shah. The Orenda Media Growth Fund will invest across premium media and entertainment ventures, international feature films, prestige productions, media start-ups, original IP and media technology and AI-led ventures, with its SEBI licence expected within a month before the scheme opens for subscription.

A new institutional fund is aiming to bring regulated fund management discipline to India's media and entertainment financing, an industry that has largely relied on project-by-project deals.

Here is what the Orenda Media Growth Fund will invest in and who is behind it.

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Who Is Behind the Fund

The Orenda Media Growth Fund brings together Orenda Group, led by Tarun Shah, with Manasi Parekh, Parthiv Gohil and Rashaana Shah. Orenda Group already manages a multi-sector 120 million dollar fund and is applying a commercial and financial approach to media and entertainment capital.

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What the Fund Will Invest In

The Orenda Media Growth Fund will target premium media and entertainment ventures, international feature films, prestige productions, streaming formats, documentaries, cross-border productions, media tech ventures and original IP. Tarun Shah, Co-Promoter of Orenda Group, said the objective is to bring governance, reporting discipline and transparency of regulated fund management to an industry that has largely operated on individual project financing.

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Disclaimer: Data and figures in this article are sourced from publicly available information and may change as trading continues through the day. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Orenda Media Growth Fund?

Ans. It is a Rs 100 crore Alternative Investment Fund launched by Orenda Group to invest in international films, media start-ups and IP.

Who are the promoters behind the Orenda Media Growth Fund?

Ans. Tarun Shah of Orenda Group, along with Manasi Parekh, Parthiv Gohil and Rashaana Shah, are behind the fund.

What will the Orenda Media Growth Fund invest in?

Ans. It will invest across premium media and entertainment ventures, international feature films, media start-ups, original IP and media technology and AI-led ventures.

Has the fund received its regulatory licence?

Ans. The fund's SEBI licence was expected within a month of the announcement, after which it will open for subscription.

What films are associated with the fund's launch?

Ans. The fund was announced alongside a slate of three international films unveiled at the Venice Film Festival.

What is Orenda Group's existing scale before this fund?

Ans. Orenda Group currently manages a multi-sector fund of about 120 million dollars.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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