AI Film Studio TakeTwo Valued at Rs 100 Crore in Pre-Seed Funding Round

AI-native film studio TakeTwo has raised fresh funding at a valuation of Rs 100 crore in a pre-seed round led by US-based Afore Capital and Canada's Inovia VC. Founded by Rudresh Upadhyaya and Raghav Katta, the studio combines creative expertise with AI to help filmmakers produce high-end visual effects and immersive environments at lower costs. The funding will support the company's expansion in India and global markets, capitalizing on the rapid growth of the media and AI video sectors. The Indian animation and VFX market alone is projected to reach $2.2 billion by 2026.

Key Points: AI Film Studio TakeTwo Secures Funding at Rs 100-Crore Valuation

  • Raised funding at Rs 100 crore valuation
  • Backed by Afore Capital and Inovia VC
  • Full-stack AI film studio for VFX and scenes
  • Aims to reduce costs and timelines for filmmakers
  • Taps into India's growing media and animation market
2 min read

AI film studio 'TakeTwo' secures funding at Rs 100-crore valuation in pre-seed round

AI-native film studio TakeTwo raises pre-seed funding from Afore Capital and Inovia VC to revolutionize VFX and film production with AI tools.

"Our goal is to connect cutting-edge AI research with the real needs of professional cinema. - Rudresh Upadhyaya"

New Delhi, Jan 29

In a significant development, AI-native film studio TakeTwo on Thursday announced that it has raised fresh funding at a valuation of Rs 100 crore in its pre-seed round.

The investment saw participation from US-based Afore Capital, known as the world's largest pre-seed venture firm, and Canada's venture capital firm Inovia VC.

Founded by Rudresh Upadhyaya (CEO) and Raghav Katta (CTO), TakeTwo is positioning itself as a full-stack AI-powered film studio that helps directors and production houses create high-end visual effects, stylised scenes, and immersive environments at much lower costs than traditional VFX methods.

Unlike software-only platforms, the company combines creative expertise with advanced AI tools, making it a technology and production partner for filmmakers.

The founders recently emerged from Y Combinator's AI Startup School, where the idea for TakeTwo took shape in a small shared room.

Their discussions shifted from generic AI concepts to real challenges faced by filmmakers, such as rising VFX expenses, tight deadlines, and the pressure to deliver visually rich content within limited budgets.

This led them to build a studio that blends AI with live-action filmmaking in a way that fits smoothly into existing editing and grading workflows.

"Our goal is to connect cutting-edge AI research with the real needs of professional cinema," said Rudresh Upadhyaya.

"This valuation reflects the immediate value we are bringing to filmmakers who want to scale their visual storytelling without being held back by high costs and long timelines," he said.

Upadhyaya added that with the support of Afore Capital and Inovia VC, we plan to grow across India and global markets.

The funding comes at a time when India's media and entertainment industry is expanding rapidly.

The sector was valued at around $30 billion in 2024 and is expected to grow to $48 billion by 2030.

Meanwhile, the global AI video market is projected to surge from nearly $3.86 billion in 2024 to over $42 billion by 2033.

In India, the animation and VFX segment alone is expected to reach $2.2 billion by 2026. TakeTwo aims to tap into this growth by making AI a core part of film production rather than just an add-on tool.

- IANS

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Reader Comments

P
Priya S
As someone who works in the media industry, the cost of VFX is a real bottleneck. If TakeTwo can genuinely deliver high-quality visuals at a lower cost and faster pace, it could be a game-changer for independent filmmakers and smaller production houses in India. Fingers crossed! 🤞
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Rohit P
Impressive funding, but I hope the focus remains on being a "production partner" and not just another AI tool vendor. The real magic in Indian cinema is the storytelling, not just the visuals. AI should enhance our stories, not replace the human touch.
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Sarah B
Coming from a tech background, the blend of creative expertise with AI tools is the key differentiator. Many startups fail by being too tech-focused. Solving the real pain points of filmmakers—cost and deadlines—is a solid strategy. Great to see Y Combinator's involvement too.
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Vikram M
The market projections are staggering. $42 billion globally by 2033! If TakeTwo can capture even a small slice of the Indian VFX market, which is growing fast, they are set for massive success. Jai Ho for Indian innovation! 💡
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Kavya N
While this is exciting, I have a respectful criticism. I hope they have a clear plan for the ethical use of AI in filmmaking. Issues like deepfakes, artist compensation, and originality need to be addressed from day one. Technology is great, but responsibility is crucial.

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