Add one more point based on 27.11.2023 concall:
Question: you said that you are looking for inorganic opportunities.
So, can I know what are your specific criteria for the companies which you are looking for? And also, are you looking for opportunities in India itself or any other foreign companies like Canada, US or Europe?
Answer : We are looking at acquisitions. As of now, we have brokered a deal with a couple of companies. So, the fund that we are raising will be going towards that as well. So, right now, I am not in a liberty to reveal who they are. Once the deal is sealed off, I will probably reveal it. But that is for sure going to add more value to the brand because these are two different new verticals, not into VFX. So, this is definitely going to add value to what Phantom has built over the years and this is definitely going to build the very big – create a very big wave in the market.
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