OMTV Raises INR 4 Million In Seed Funding The fund will be used to cover the operational cost and ramp up the production of original content

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

OMTV, the OTT network to showcase content pertaining to Indian Sanatan Culture, has secured INR 4 million in Seed funding. Raj Kumar Jalan and Subhash Jalan led the funding. The fund raised will be used to cover the operational cost and ramp up the production of original content.

"We are a group of passionate people who wanted to offer content close to our cultural roots. Partnering with Raj Kumar Jalan and Subhash Jalan puts us in a strong position and will enable us to make more interesting stories and connect with a larger viewer base," said Nitin Jai Shukla, founder, OMTV.

OMTV app is available on both Android and iOS and has been associated with short video apps Chingari and Josh. It has clocked more than 100 million views and one lakh followers on these apps. It has also collaborated with Magic Box Animation studios, claimed by the company in a statement.

"Our investment in OMTV is predicated on the thesis that OMTV will be the game changer. There is a lot of pure entertainment content out there, but OMTV will be the first platform that would combine knowledge, wisdom, values and morals with entertainment. We are very excited and look forward to OMTV scaling heights in years to come," said Subhash Jalan, Investor.

OMTV was launched during the pandemic that delivers content related to Indian culture. It features a range of contents from mythology, history, education and similar genres. There is a great demand for content that can inform and educate people about the correct values through entertainment.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics

News and Trends

Zydus Wellness: Leveraging FMCG Trends To Turn Around Tables

Price-pack architecture, e-commerce, Internet first brands and increased penetration in smaller pockets, are the current focus of the company

Leadership

International Security Firm Welcomes Female India Native to an Essential Leadership Position

Yasmin Brar has been appointed as the Operations Strategy Director, a role that underscores the company's commitment to innovation, expansion, and strategic management

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

AI Is Changing the Way We Look at Job Skills — Here's What You Need to Do to Prepare.

As workplace roles evolve and disappear faster than ever, companies that focus on skills will have an advantage.

Money & Finance

How to Know If Your Business Is Profitable This Very Second

It's important to periodically take stock of your business status, but don't wait until the end of the quarter or Tax Day to know. Too many decisions you need to make depend on your profitability. Here are things you should be doing regularly so that when you need to know where you stand, you know.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.