# Pocket Aces Pictures Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pocket-aces-pictures-pvt

- Industry: Media
- Headquarters: Mumbai, India
- Website: www.pocketaces.in
- Total disclosed funding: $7.4M
- Latest round: Series C (Nov 26, 2018)
- Investors on record: 10

## About

Pocket Aces Pictures Pvt. Ltd. is a digital entertainment company that specializes in creating and distributing engaging web series and short-form content for various platforms, primarily targeting millennials and Gen Z audiences.Founded in 2013 and headquartered in Mumbai, India, Pocket Aces Pictures Pvt. Ltd. is a digital entertainment firm that focuses on producing original web series and short-form content for diverse audiences. The company has completed a total of 8 deals, with its most recent deal occurring on September 28, 2023. In that deal, Saregama India Limited acquired a 51.82% majority stake in the company for INR 1740 mn in an all-cash transaction. The current CEO is Aditi Shrivastava, who is also one of the co-founders alongside Anirudh Pandita, Ashwin Suresh, and Satvik Chauhan.Pocket Aces specializes in creating and distributing digital entertainment content across various platforms, focusing on web series and short-form storytelling. Their flagship offerings include original series that cater to diverse audience segments, featuring genres from comedy to drama. The company aims to engage viewers through innovative storytelling techniques and high production quality, addressing the demand for on-demand entertainment. Pocket Aces targets end users across India and select international markets, with a client base spanning digital streaming platforms, advertising partners, and content distributors to enhance reach and visibility.In 2023, Pocket Aces generated revenue of INR 13,006,497.20. The company reported an EBITDA of -INR 1,649,713.30 for the same year. Revenue generation is mainly driven through content licensing and partnerships with streaming platforms, engaging in B2B transactions by licensing its original content to digital distributors.With the recent acquisition by Saregama India Limited, Pocket Aces is poised to enhance its growth trajectory. The acquisition, completed on September 28, 2023, will enable the company to leverage Saregama's resources to expand its product offerings and explore new markets. Specific plans for upcoming content releases and geographical expansion are yet to be disclosed, but the company aims to strengthen its presence in the digital entertainment landscape.

## Funding rounds

- Series C, Nov 26, 2018, $3.2M — Hong Shan, Aarin Capital, Vistra ITCL, 3one4Capital Advisors, Milestone Trusteeship Services
- Series B, Mar 20, 2018, $1.5M — Hong Shan, Aarin Capital, North Base Media, 3one4Capital Advisors
- Series A, Nov 28, 2016, $2.7M — Hong Shan, Aarin Capital, Vistra ITCL, North Base Media, Axilor Ventures, 3one4Capital Advisors, Pratithi Investment Trust, Whiteboard Capital, NuVentures

## Investors

- Hong Shan — Series A, Series B, Series C
- Aarin Capital — Series A, Series B, Series C
- Vistra ITCL — Series A, Series C
- North Base Media (https://capitalatlas.ai/funds/north-base-media) — Series A, Series B
- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Series A
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Series A, Series B, Series C
- Pratithi Investment Trust — Series A
- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Series A
- NuVentures (https://capitalatlas.ai/funds/nuventures) — Series A
- Milestone Trusteeship Services — Series C