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Emerald Media Acquires Cosmos Maya

Staff reporter, New Delhi
11/01/2018   0 Comments

Emerald Media, a private equity giant backed by KKR, has acquired controlling shares in Cosmos Maya, India’s leading animation contest producer, the brainchild of filmmakers Ketan Mehta and Deepa Sahi. Though Emerald did not disclose any financial details, but the company clearly stated its intention of infusing fresh capital apart from buying out existing financial investors of Cosmos Maya.

In a statement, Ketan Mehta, Managing Director in the Cosmos Maya said, “KKR and Emerald Media have a strong understanding of the entertainment, Broadcast and OTT space, which would help our ambition to create quality Indian contest for global markets”. On behalf of Emerald Media, Rajesh Kamat said, “Cosmos Maya has its finger on the pulse of a very captive and influential audience, not to mention the added opportunity of brand expansion and merchandising for its properties”.


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