Rising India has finalised an agreement with Auctus Private Equity Fund to provide a USD10m equity investment commitment.
Rising India has finalised an agreement with Auctus Private Equity Fund to provide a USD10m equity investment commitment.
Arthur H. Taylor, chief executive Rising India, says: "This commitment will provide the financial basis required to enhance and expand the existing animation support staff of our partners in Berlin, Germany and Chennai, India enabling us to more quickly deliver an attractive scope of services to our international customers."
Rising India is a US-based public company with an international market in the development and production of innovative digital special effects and 3D character animation for films and TV production. It has ongoing business relationships with a number of European and Asian companies that provide extensive background and expertise in the animation field.
Rising India is involved in the development, creation and marketing of animation projects for the European, Asian and US markets and anticipates significant growth in this expanding industry and technology.
