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Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine

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VR Global Media to invest $250 million to expand operations
2026-04-13 · via Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine

VR Global Media, a Singapore-based entertainment and media enterprise, has announced that it would invest $250 million over the next five years. It said it commenced a $120 million raise, marking the first phase of its capital expansion strategy to institutionalise entertainment financing and scale operations globally.

“The capital will be deployed across integrated verticals spanning film production, distribution, exhibition, sports franchise ownership and creative economy fintech, reflecting the company’s focus on building a diversified entertainment ecosystem platform,” Ravi Shankar Shastri, CEO of VR Global Media, said.

The company will set up an AI-backed media technology and analytics lab, and a Global Capability Centre (GCC) in Hyderabad, to drive data science-led project selection, financial modelling, sports analytics and IP monetisation through advanced analytics.

“These initiatives create a technology-enabled framework that digitally connects creators with capital, facilitating a structured, transparent collaboration between creative talent and financial stakeholders across the entertainment ecosystem,” he said.

VR Global Media said its strategic partner, UV Creations, had already deployed over $150 million across India and international markets, with a bouquet of releases including Mirchi (directed by Koratala Siva; starring Prabhas), Bhagamathi (led by Anushka Shetty), and Saaho (starring Prabhas and Shraddha Kapoor).

Published on April 13, 2026