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. Animation solutions are provided for media industry content production. 88 Pictures has raised $1.14 million across 3 funding rounds from investors including Vakrangee and Maharashtra State Innovation Society. The company has 504 employees. 88 Pictures was last valued at $4.99 million in May 2018. Its chief executive, as recorded, is Milind D Shinde. Its website 88.pictures draws about 15 thousand monthly visits. Its Indian entity Eightyeight Pictures Cgtech Limited reported revenue of ₹72.52 Cr. 88 Pictures offers products and services including Animation Services, VFX Services, and Game Development.
Company details
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.
- Headquarters Mumbai, India
- Employees 504
- Founders Sudhakar Reddy, Rakesh S Patil, Manish Kumar, Aby John, Milind D Shinde, Siddhie Mhambre
- Stage Minicorn
- Email••••••••
- Phone•••• ••••
- Website 88.pictures
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Eightyeight Pictures Media And Entertainment Private Limited
- Date of Incorporation 14 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹72.52 Cr
FY 2025 · -48% YoY
- Net Profit₹2.15 Cr
FY 2025 · 3% margin
- EBITDA₹12.93 Cr
FY 2025 · 18% margin
- Total Equity Funding$1.14M (USD)
in 3 rounds
- InvestorsVakrangee
& 1 more
- Employee Count504
Associated legal entities of 88 Pictures
88 Pictures is associated with 2 registered companies on The Company Check; the primary company is Eightyeight Pictures Cgtech Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eightyeight Pictures Cgtech Limited CIN U74999MH2016PLC282404 | Active | 14 Jun 2016 | Mumbai, Maharashtra | ₹72.5 Cr | 504 | 3 | View details |
| Eightyeight Pictures Media And Entertainment Private Limited CIN U74999MH2016PTC282404 | 14 Jun 2016 | Mumbai, Maharashtra, India | View details |
Products & Services of 88 Pictures
88 Pictures offers a comprehensive portfolio of products and services, including Animation Services, VFX Services, and Game Development.
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.
Apps and channels of 88 Pictures
its YouTube channel 88 Pictures has 549 subscribers and 19 videos.
Videos from 88 Pictures
The most watched videos on 88 Pictures's YouTube channel, 88 Pictures (549 subscribers). Click a video to play it here.
More on 88 Pictures.
Funding Insights of 88 Pictures
88 Pictures has successfully raised a total of $1.14M across 3 strategic funding rounds. 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 $1.14M
- Total Rounds 3
- First Round $1.02M
(Nov 2016)
- Investors Count 2
All 3 funding rounds of 88 Pictures with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | Seed | – | Maharashtra State Innovation Society | – | |
| May 2018 | $118,457 | Seed | $4.99M | Vakrangee | – |
| Nov 2016 | $1.02M | Seed | $4.92M | Vakrangee | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $4.99M | •••••••• |
| Nov 2016 | $4.92M | •••••••• |
Last known valuation $4.99M (May 2018). 2 investors in total: 2 institutional.
Investors in 88 Pictures
88 Pictures has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Vakrangee and Maharashtra State Innovation Society.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| msins.in | ||||
Correspondent banking solutions are provided via an agent-based platform. | 1990 | vakrangee.in | Mumbai, India |
Investor details for 88 Pictures
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Eightyeight Pictures Cgtech Limited (88 Pictures)
Eightyeight Pictures Cgtech Limited is the primary company behind 88 Pictures. The board of Eightyeight Pictures Cgtech Limited currently have 3 directors; the longest-serving is Siddhi Mhambre Liladhar, appointed in 2016. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddhi Mhambre Liladhar DIN 07531807 | Whole-time director | 27 Jun 2016 | 10 yrs 4 mo | Eightyeight Pictures Cgtech Limited |
| Aby John DIN 08828564 | Director | 17 Apr 2024 | 2 yrs 6 mo | Eightyeight Pictures Cgtech Limited |
| Milind Dinkar Shinde DIN 07212370 | CEO | 17 Apr 2024 | 2 yrs 6 mo | Eightyeight Pictures Cgtech Limited |
People of 88 Pictures
10 people are tracked at 88 Pictures (8 in leadership, 2 in team); the tracked headcount is 504.
| Name | Role | Group |
|---|---|---|
Sudhakar Reddy | Co-Founder | Leadership |
Rakesh S Patil | Co-Founder | Leadership |
Manish Kumar | Co-Founder | Leadership |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Siddhie Mhambre | Co-Founder | Leadership |
Shashank Kulkarni | Co-head Of Productions | Leadership |
Saharsh Shah | Vice President Human Resources & Talent Acquisition | Leadership |
Harshad Mhambre | Studio Producer | Team |
Krutika Angane | Production Manager | Team |
Complete people profiles for 88 Pictures
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of 88 Pictures
Figures of Eightyeight Pictures Cgtech Limited, the primary company behind 88 Pictures, for FY 2025. Revenue was ₹72.52 Cr (-48% year on year). Net profit was ₹2.15 Cr (3% margin). EBITDA was ₹12.93 Cr (18% margin). Revenue has grown at a compounded annual rate of -3% over three years and +6% over five years.
- ₹72.52 CrRevenue · FY 2025 · -48% YoY
- ₹2.15 CrNet profit · 3% margin
- ₹12.93 CrEBITDA · 18% margin
- ₹23.38 CrPaid-up capital
- 504Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Eightyeight Pictures Cgtech Limited are on its company page.
Detailed financial statements for 88 Pictures
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of 88 Pictures
4 dated milestones of 88 Pictures across 10 years, from founding to its latest funding, stage changes and deals.
- Founded 88 Pictures is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Web traffic of 88 Pictures
The website of 88 Pictures (88.pictures) receives about 14.7K visits a month.
- Monthly visits14.7K
▼ 22.8% vs previous month
Websites whose visitors overlap most with 88 Pictures. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 83% | 1.9B | #18 | View details | |
vediconcepts.org | vediconcepts.org | 41% | #3,229,557 | – | |
| forevernews.in | 38% | 1.2K | #14,640,302 | View details |
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Related news about 88 Pictures
Complete news archive for 88 Pictures
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Frequently Asked Questions about 88 Pictures
88 Pictures was founded in 2016.
88 Pictures is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Milind D Shinde is the CEO of 88 Pictures, as recorded in our data. They have also founded this company.
88 Pictures is a funded company, having raised a total of $1.14M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Nov 2016.
88 Pictures has 504 employees.
The primary company behind 88 Pictures, Eightyeight Pictures Cgtech Limited, reported revenue of ₹72.52 Cr for FY 2025, down 48% year on year.
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.
88 Pictures offers Animation Services, VFX Services, and Game Development.
88 Pictures has 2 investors. Key investors include Vakrangee, and Maharashtra State Innovation Society.
The valuation of 88 Pictures is $4.99M as of May 2018.
88 Pictures operates through Eightyeight Pictures Cgtech Limited.
The legal entities of 88 Pictures currently have 3 directors, including Aby John, Milind Dinkar Shinde, Siddhi Mhambre Liladhar.