Digital cinema theatre startup Picture Time Digiplex raises Rs.25 crore

Date posted: Thursday 18 April 2019

Picture Time Digiplex, a mobile digital cinema theatre startup, has raised Rs.25 crore in a pre-series A financing round from Zenrock Comtrade, a fund owned by Ajay Relan, former chairman of private equity firm CX Partners. Last year too, the company had secured Rs.25 crore in a round led by Relan. But at that time, the company’s valuation was Rs.80 crore.

(ET Tech)