• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 16, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

FilterCopy’s parent, Pocket Aces bags INR 17 Cr in Debt funding from Stride Ventures

by Chhavideep Singh
January 9, 2021
in Business, Startups
Reading Time: 2 mins read
0
Pocket Aces
TwitterWhatsappLinkedin
Pocket Aces
Source: Strawberry Branding

Pocket Aces is a digital entertainment company that runs multiple channels of entertainment with highly relatable video content and most recently the company has announced to raise INR 17 crore in debt financing from Venture Debt fund, Stride Ventures.

You might also like

Hackers Take Over Elmo’s X Account, Post Anti-Semitic Slurs and Attacks on Trump

Pentagon Awards Contract to Elon Musk’s xAI Despite Ongoing Grok Chatbot Backlash

Best Buy Announces Nintendo Switch 2 Restock Ahead of Donkey Kong Bananza Launch

When asked about the latest infusion of funds, the company mentions utilising these funds to begin partnership and its growth journey with Stride Ventures given its strong relationships with corporate entities and banks and looks forward to leveraging the Venture Capital firm’s personalised offerings, as mentioned in a report by Entrepreneur.

In addition to this, the funds will be used to maximise content creation output s and investments will be made in newer content formats across its multiple distribution channels.

As we are all aware of the global pandemic and what negative impact it has had on businesses and the economy at large, but media and digital industry boomed with this life pause as everyone was forced to stay and home. 2020 was a year of success for media companies including Pocket Aces as the platform released multiple shows and highly relatable content which is most popular among college teens and students. The entertainment channels kept their audiences engaged during the new normal phase of life with new stories of love and life.

According to reports, Pocket Aces have collaborated with multiple brands across all sectors including Bacardi, Tinder, Mondelez, PureMe, Unacadmy, Hindustan Unilever etc. According to a report by Entrepreneur, the entertainment company has also known to work with platforms like PepsiCo, AMFI, Flipkart and P&G among many others as a part of their advertising and marketing strategies.

Ishpreet Gandhi, Founder and Managing Partner, Stride Ventures comments on the new partnership that Pocket Aces has pioneered digital content in India through its successful data-driven approach towards content creation. He further added that the company delivers content which is relatable and appealing, especially to the younger demographics in the country. Stride Ventures prefers partnering with indigenous companies who have the ability to scale up immediately by leveraging technology. He concludes the statement by saying that Pocket Aces is a great addition to Stride Venture’s portfolio.

In 2020, the multimedia and entertainment industry boomed beyond expectations because of the COVID-19 lockdowns. It was a difficult time for the world and entertainment was a good way of dealing with it. The digital content consumption accelerated rapidly and Pocket Aces innovated new content on priority to keep their audiences engaged and entertained while they capitalised on the opportunity, says Aditi Shrivastava, Co-founder, Pocket Aces.

However, she further mentions that the company is excited for 2021 because of the increased size of the entertainment industry with vast growth opportunities and that it is happy to partner with Stride Ventures on its entrepreneurial journey.

Pocket Aces includes five major media content distribution channels including Dice Media, FilterCopy, Nutshell, Gobble and Jambo. The company strives on popular OTT platforms to deliver their digital content such as Netflix, Amazon Prime Video and MXPlayer including YouTube.

The digital entertainment industry has vast opportunities in India especially after 2020 and it is true as they say, “A good story never goes out of Style”.

Tags: FiltercopyfundingPocket AcesStride Ventures
Tweet54SendShare15
Previous Post

Moto G 5G launched in the US as Motorola One 5G Ace

Next Post

Samsung reveals pre-registration dates in India for Galaxy S21 series

Chhavideep Singh

Hi! I'm Chhavideep, If you like reading about technology, business and start-ups, you've come to the right place. Catch me: [email protected]

Recommended For You

Hackers Take Over Elmo’s X Account, Post Anti-Semitic Slurs and Attacks on Trump

by Harikrishnan A
July 16, 2025
0
Hackers Take Over Elmo’s X Account, Post Anti-Semitic Slurs and Attacks on Trump

The official X account of Elmo, one of Sesame Street’s most cherished characters, was hijacked on Sunday by unknown hackers who posted a barrage of hateful and conspiratorial...

Read more

Pentagon Awards Contract to Elon Musk’s xAI Despite Ongoing Grok Chatbot Backlash

by Harikrishnan A
July 16, 2025
0
Pentagon Awards Contract to Elon Musk’s xAI Despite Ongoing Grok Chatbot Backlash

Elon Musk’s AI startup, xAI, has secured a major federal contract, with the U.S. Department of Defense (DoD) announcing it will begin using the company’s “Grok for Government”...

Read more

Best Buy Announces Nintendo Switch 2 Restock Ahead of Donkey Kong Bananza Launch

by Anochie Esther
July 16, 2025
0
Nintendo Switch 2

The long wait for Nintendo Switch 2 consoles may soon see a break at least for a lucky few. Best Buy has officially announced that a Nintendo Switch...

Read more
Next Post
Samsung Galaxy S21

Samsung reveals pre-registration dates in India for Galaxy S21 series

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?