About 88 Pictures
88 Pictures is a company based in Mumbai (India) founded in 2016 by Sudhakar Reddy, Rakesh S Patil, Manish Kumar, Aby John, Milind D Shinde, and Siddhie Mhambre.. 88 Pictures has raised $1.14 million across 2 funding rounds from investors including Vakrangee. The company has 504 employees as of March 28, 2024. 88 Pictures offers products and services including Animation Services, VFX Services, and Game Development. 88 Pictures operates in a competitive market with competitors including Foundry, CyberLink, SideFX, MovieLabs and Fayteq, among others.
- Headquarter Mumbai, India
- Employees 504 as on 28 Mar, 2024
- Founders Sudhakar Reddy, Rakesh S Patil, Manish Kumar, Aby John, Milind D Shinde, Siddhie Mhambre
- Stage Minicorn
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Email
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Phone
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Website
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Social
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- Legal Name Eightyeight Pictures Media And Entertainment Private Limited
- Date of Incorporation 14 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$15.1 M (USD)0as on Mar 31, 2023
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Net Profit
$3.09 M (USD)0as on Mar 31, 2023
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EBITDA
$3.92 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.14 M (USD)
in 2 rounds
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Latest Funding Round
$118.46 K (USD), Seed
May 15, 2018
- Investors
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Employee Count
504
as on Mar 28, 2024
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Products & Services of 88 Pictures
88 Pictures offers a comprehensive portfolio of products and services, including Animation Services, VFX Services, and Game Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Creates animated content for films, TV, and marketing purposes.
Delivers VFX for commercials and movies to enhance visual storytelling.
Develops interactive games and content for entertainment platforms.
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Product Management Team
3 people
Leadership Team
1 people
Software Development Team
1 people
Studio Team
1 people
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Funding Insights of 88 Pictures
88 Pictures has successfully raised a total of $1.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $118.46 thousand completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $118,457
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First Round
First Round
(28 Nov 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Seed - 88 Pictures | Valuation | Vakrangee |
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| Nov, 2016 | Amount | Seed - 88 Pictures | Valuation | Vakrangee |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 88 Pictures
88 Pictures has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vakrangee. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Correspondent banking solutions are provided via an agent-based platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 88 Pictures
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 88 Pictures
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
88 Pictures Comparisons
Competitors of 88 Pictures
88 Pictures operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Foundry, CyberLink, SideFX, MovieLabs and Fayteq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
VFX and animation software is provided for entertainment industries.
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Post-production software solutions are provided for media industry editing.
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3D animation and VFX software provider
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Researches new technologies for film production, post-production, and digital distribution.
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Video editing tools and workflow plugins are developed by Fayteq.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 88 Pictures
Frequently Asked Questions about 88 Pictures
When was 88 Pictures founded?
88 Pictures was founded in 2016.
Where is 88 Pictures located?
88 Pictures is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of 88 Pictures?
Milind D Shinde is the current CEO of 88 Pictures. They have also founded this company.
Is 88 Pictures a funded company?
88 Pictures is a funded company, having raised a total of $1.14M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Nov 28, 2016.
How many employees does 88 Pictures have?
As of Mar 28, 2024, the latest employee count at 88 Pictures is 504.
What is the annual revenue of 88 Pictures?
Annual revenue of 88 Pictures is $15.1M as on Mar 31, 2023.
What does 88 Pictures do?
88 Pictures was founded in 2016 in Mumbai, India, as a provider of animation and visual effects services within the media sector. End-to-end solutions in visual imagery and content production are offered for feature films, TV series, digital platforms, and gaming. Operations focus on high-end animation tailored to established brands, supporting various content formats across the industry.
Who are the top competitors of 88 Pictures?
What products or services does 88 Pictures offer?
88 Pictures offers Animation Services, VFX Services, and Game Development.
Who are 88 Pictures's investors?
88 Pictures has 1 investor. Key investors include Vakrangee.
What is 88 Pictures's valuation?
The valuation of 88 Pictures is $4.99M as of May 2018.