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Tuesday, 29 July 2014

July 29, 2014

Prominent Indian businessman Anand Mahindra, has invested in Cinestaan Film Company, the film production subsidiary of Cinestaan Entertainment, founded by entrepreneur Rohit Khattar.

First up is a three-film deal with producer/director Rakeysh Omprakash Mehra’s ROMP Pictures (“Bhaag Milkha Bhaag”). The first film under the co-production deal will be “Mirziya,” to be directed by Mehra, which will launch the acting career of Harshvardhan Kapoor, the son of “Mission: Impossible – Ghost Protocol” star Anil Kapoor.

Next up is “FanneyKhan,” to be directed by Nitin Kakkar, who won India’s national award for best film for his debut feature “Filmistaan.” The third film is an untitled project to be directed by Mehra.

Cinestaan also plans to expand into television, with a project on Indian screen legends being developed.

Mahindra is the chairman of the $16.2 billion Mahindra and Mahindra conglomerate and has a personal net worth of $790 million.

Khattar is the non-executive chairman of Mumbai Mantra Media, which is a separate entity from Cinestaan and was previously financed by Mahindra.

 Variety.com
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