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| Mumbai, 3rd July 2023: Green Gold Animation Private Limited (“Green Gold Animation” or “the Company”) has undertaken a strategic restructuring within the Promoter Group with the support of ADM Capital. Samir Jain, co-founder of Green Gold Animation has decided to pursue new opportunities outside of the company and will focus on initiatives in the fast-growing toy segment in India. Rajiv Chilaka, founder of Green Gold Animation, will continue to drive the Company towards establishing itself as a pioneer in the children’s entertainment segment on the global stage.
Green Gold Animation is a specialized animation studio and pioneer in creating original Indian animation content for children across multiple geographies and languages. The studio holds the intellectual property rights for some of India’s most popular cartoon characters such as Chhota Bheem, Mighty Raju, the Krishna Series and many others. It is also the creator of Mighty Little Bheem, India’s first animated Netflix Original Series.
Speaking on the deal, Mr. S. Rajiv Chilaka commented, “this transaction marks the successful culmination of Co-founder Mr. Samir Jain’s journey with us, and we wholeheartedly wish him the best in all his future pursuits.” Mr. Samir Jain added, “as I say farewell and embark on the next chapter of my journey to focus more on the toy sector, I express my gratitude to Rajiv and the entire Green Gold team for creating a truly valuable and memorable experience.” Ms. Sabita Prakash (Managing Director, ADM Capital) added, “we strongly believe in Mr. Rajiv’s vision for the company and are excited to be a part of this journey with him as the company moves further into the fast-growing Indian children’s entertainment segment and looks to broaden its global ambitions.” Commenting on the transaction, Mr. Samir Bahl (CEO, Anand Rathi Advisors) remarked, “We are happy to have brought Rajiv, Samir and ADM Capital together to facilitate this transition and we look forward to working with them in the future.”
About Green Gold Animation: Incorporated in 2004, Green Gold Animation is a Hyderabad headquartered animation company founded and led by Mr. Rajiv Chilaka. The franchise has a viewership of over 90 million kids and licenses its shows to TV channels such as Cartoon Network, Pogo, Discovery Kids, Hungama & Disney. The success of the characters created by the studio have enabled it to further monetize its intellectual assets to include merchandising & licensing, retail store, apps & games. Further, the Company undertakes independent movie production & distribution & generates revenue from events & digital business. Green Gold Animation has won numerous awards for its production and brand management, including 9 FICCI Awards, a Business Excellency Award & 10 Licensor of the year awards. Green Gold has offices in India, Singapore and the United States. More information on Green Gold Animation can be found at About ADM Capital: With more than 25 years of Asia Pacific private credit experience, ADM Capital is a leading alternative credit fund manager focused on providing flexible capital solutions to the APAC region’s mid-market corporates and entrepreneurs. Initially focused on distressed debt and restructuring opportunities, the business has grown to be a leading private credit manager focused on financing the region’s underbanked mid-market corporates in their pursuit of growth. ADM Capital has successfully invested across the cycle and through various economic crises. With a private credit AUM of USD 2bn, the firm focusses on downside protection, the preservation of capital and risk-adjusted performance. More information on ADM Capital can be found at https://www.admcapital.com/
About Anand Rathi Advisors: Anand Rathi Advisors Limited (ARAL) is a leading investment bank with focus on India’s consumption and growth story. ARAL is a full-service investment bank which provides investment banking services to mid-market enterprises in India. It is one of the pioneers in midcap coverage and ideas, driven by exceptional industry understanding and strong relationships on the buy-side. The team is classified based on various sectors, and works exclusively with small and mid-sized companies, providing quality advice on capital raising, mergers & acquisitions and restructuring. |
