Panorama Studios invests in Rocket Reels at Rs 200 crore valuation

New Delhi: Panorama Studios has made an undisclosed investment in Rocket Reels, an original-stories vertical OTT platform, at a valuation of Rs 200 crore, the company said on Tuesday.

The investment underscores the growing confidence in the future of premium short-form storytelling and positions Rocket Reels for its next phase of growth, innovation, and global expansion, a statement said, without revealing the stake or the size of the investment.

"The investment has been made at a valuation of Rs 200 crore," the company said.


The partnership with Panorama Studios is expected to further strengthen Rocket Reels' content pipeline, enhance its technological capabilities, and accelerate the production of premium original series across genres, it added.

Kumar Mangat Pathak, Chairman, Panorama Studios said, "At Panorama Studios, we have always believed that compelling stories will find an audience, regardless of the format. Rocket Reels has built a strong platform that understands the evolving viewing habits of today's digital-first consumers while staying rooted in quality storytelling." PTI PRS MR