New Delhi (India), July 10: In a significant step towards revolutionizing the animation, visual effects, games and comics (AVGC) sector in India, ACME Group proudly announces the successful closing of the first round of funding for its CAT of 300 million rupees. II Alternative Investment Fund (FIA) called “Conectar”. The project has garnered impressive funding from investors, marking a pivotal moment in India's financial and creative landscape.
A leap forward in AVGC
The AVGC sector, recognized by the Indian government as a critical area of focus, is currently valued at approximately $4 billion and is projected to triple to $12 billion by 2030. The rapid growth of this sector, driven by the increasing Demand for digital media, immersive gaming and innovative entertainment content is further accelerated by technological integration across industries. The ACME Group's "Connect" fund is set to capitalize on this growth, providing much-needed capital to high-potential AVGC companies.
About ACME Group
ACME Group is a leading financial services provider specializing in investment solutions. With over 11 years of experience, they offer various services, including financial advisory, wealth management, investment banking and corporate finance. He serves high net worth individuals and corporations, helping them navigate complex investment landscapes. Known for its client-centric approach, ACME Group focuses on delivering customized financial strategies to meet clients' unique needs. Their commitment to excellence and transparent practices has made them a trusted name in the financial industry.
The "Connect" visionary fund
The 'Connect' Fund, established under the AFPL CAT II AIF Trust and registered with SEBI (Registration No: IN/AIF2/23/24/1309), is India's first dedicated fund for the AVGC industry. This strategic initiative aims to invest in and nurture emerging AVGC companies, driving innovation and scaling operations to meet global standards.
Highlighting the innovative nature of the fund, Ramon Talwwar, MD and CEO of ACME Group, said: "Our CAT II AIF is more than just a financial tool; it is a driver of change in the AVGC sector. We see a future where India's AVGC industry is at the forefront of global creativity and technology. This successful fundraising shows our investors' strong belief and confidence in our vision."
Closing the gap: AVGC and the capital markets
The Connect Fund is designed to bridge the gap between the rapidly growing AVGC sector and the capital markets, providing crucial capital and strategic expertise. Abhinav Shukla, Co-Founder, Connect Fund, added: "The Connect Fund is poised to have a significant impact on India's AVGC sector by providing companies with the necessary capital and strategic guidance to achieve substantial growth and drive innovation." .
Government support and strategic growth
The explosive growth of the AVGC sector is not only driven by consumer demand but also by supportive government policies. Recent initiatives to boost the AVGC industry have created an optimal environment for investment and innovation. The ACME Group's CAT II AIF is meticulously designed to take advantage of these opportunities, fostering a synergistic relationship between investors and AVGC companies.
Ramon Talwwar expressed his deep gratitude to the investors and said: "We sincerely appreciate the strong support and trust of our investors. Their contributions go beyond mere financial support; they represent a strong vote of confidence in the promising future of the AVGC sector of the India. Together, they are paving the way for a new era of innovation, creativity and economic expansion."
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A leap forward in AVGC
The AVGC sector, recognized by the Indian government as a critical area of focus, is currently valued at approximately $4 billion and is projected to triple to $12 billion by 2030. The rapid growth of this sector, driven by the increasing Demand for digital media, immersive gaming and innovative entertainment content is further accelerated by technological integration across industries. The ACME Group's "Connect" fund is set to capitalize on this growth, providing much-needed capital to high-potential AVGC companies.
About ACME Group
ACME Group is a leading financial services provider specializing in investment solutions. With over 11 years of experience, they offer various services, including financial advisory, wealth management, investment banking and corporate finance. He serves high net worth individuals and corporations, helping them navigate complex investment landscapes. Known for its client-centric approach, ACME Group focuses on delivering customized financial strategies to meet clients' unique needs. Their commitment to excellence and transparent practices has made them a trusted name in the financial industry.
The "Connect" visionary fund
The 'Connect' Fund, established under the AFPL CAT II AIF Trust and registered with SEBI (Registration No: IN/AIF2/23/24/1309), is India's first dedicated fund for the AVGC industry. This strategic initiative aims to invest in and nurture emerging AVGC companies, driving innovation and scaling operations to meet global standards.
Highlighting the innovative nature of the fund, Ramon Talwwar, MD and CEO of ACME Group, said: "Our CAT II AIF is more than just a financial tool; it is a driver of change in the AVGC sector. We see a future where India's AVGC industry is at the forefront of global creativity and technology. This successful fundraising shows our investors' strong belief and confidence in our vision."
Closing the gap: AVGC and the capital markets
The Connect Fund is designed to bridge the gap between the rapidly growing AVGC sector and the capital markets, providing crucial capital and strategic expertise. Abhinav Shukla, Co-Founder, Connect Fund, added: "The Connect Fund is poised to have a significant impact on India's AVGC sector by providing companies with the necessary capital and strategic guidance to achieve substantial growth and drive innovation." .
Government support and strategic growth
The explosive growth of the AVGC sector is not only driven by consumer demand but also by supportive government policies. Recent initiatives to boost the AVGC industry have created an optimal environment for investment and innovation. The ACME Group's CAT II AIF is meticulously designed to take advantage of these opportunities, fostering a synergistic relationship between investors and AVGC companies.
Ramon Talwwar expressed his deep gratitude to the investors and said: "We sincerely appreciate the strong support and trust of our investors. Their contributions go beyond mere financial support; they represent a strong vote of confidence in the promising future of the AVGC sector of the India. Together, they are paving the way for a new era of innovation, creativity and economic expansion."
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