NIBL Equity Partners to invest up to Rs 100 million in animated film
Summary
NIBL Equity Partners, managed by NIMB Ace Capital Ltd, has signed a term sheet with Incessant Rain Studios for a proposed investment of up to Rs 100 million in the animated feature film Lost in Mandala. The project, created and directed by Kiran Bhakta Joshi, is being developed in Nepal for global audiences.
Key Points
- NIBL Equity Partners plans to invest up to Rs 100 million in the Nepali animated feature film Lost in Mandala.
- The investment will support the film's production and related activities in Nepal, subject to definitive agreements and conditions.
- Lost in Mandala is created and directed by Kiran Bhakta Joshi, with screenplay contributions from Zack Stentz and production by Deepa Chipalu Joshi.
- NIMB Ace Capital says the partnership is intended to support Nepal's animation industry and locally developed intellectual property with global potential.
