NIBL Equity Partners Signs Term Sheet for Investment in Lost In Mandala
Summary
NIBL Equity Partners has signed a term sheet for a proposed investment of up to NPR 100 million in the animated feature film Lost In Mandala. The project, developed in Nepal by Incessant Rain Studios, aims for a worldwide release and is backed by NIMB Ace Capital’s private equity initiative.
Key Points
- NIBL Equity Partners has signed a term sheet for a proposed investment of up to NPR 100 million in Lost In Mandala.
- Lost In Mandala is an animated fantasy adventure created and directed by Nepali filmmaker Kiran Bhakta Joshi.
- The screenplay includes contributions from Zack Stentz, and Deepa Chipalu Joshi is producing the film.
- NIMB Ace Capital says the partnership will help strengthen Nepal’s animation sector and support original Nepali intellectual property.
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