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Hungama Digital Media Entertainment
 | |
| Industry | Entertainment |
|---|---|
| Founded | April 1, 1999 |
| Founder(s) | Neeraj Roy |
| Headquarters | Mumbai, Maharashtra, India |
Key people | Rakesh Jhunjhunwala (Chairman) |
| Products | |
| Subsidiaries | |
| Website | www |
Hungama Digital Media is an Indian digital entertainment company, headquartered in Mumbai.[1] The company was first launched in 1999 by Ashish Kacholia, Hiren Ved, Lashit Sanghvi, Rakesh Jhunjhunwala, and Neeraj Roy as an online promotions agency.[2] The company has since grown to also serve as an aggregator, developer, publisher, and distributor of Bollywood and Asian entertainment.
The company first launched in 1999 as "Hungama.com", a promotional marketing portal. In 2000 the company acquired Indiafm and in the following years began to work marketing campaigns for companies such as Coca-Cola and Nike.[3] In 2007 Hungama launched their gaming portal and in 2009, the company re-launched their website and company name, changing it to Hungama Digital Media Entertainment. In 2012 Hungama Digital Media Entertainment launched Artist aloud!, a digital platform for artists and music fans.[4] It won a gold award for Best Digital Communications Campaign from the Promotion Marketing Awards of Asia (2009)[5]
Funding[edit]
The company has raised a total of $165M in funding over 3 rounds. The key investors include Bessemer Venture Partners and Xiaomi.[6]
See also[edit]
- Bollywood Hungama, a Bollywood entertainment website
- Hungama TV, an Indian children's television channel
- Hungama Play, Free Unlimited Web Series, Movies, Songs & Videos
References[edit]
- ↑ "Hungama Digital Media bags Meffy for 'Tata Sky Active Mall' service". India Today. Retrieved 18 January 2014.
- ↑ "Value before Valuation". Forbes India. Retrieved 18 January 2014.
- ↑ "Cloud Platform Helped Hungama Digital Media Lower Its Cost By 50 Percent". CIO. Retrieved 18 January 2014.
- ↑ "Artist aloud!". NIE. Retrieved 18 January 2014.
- ↑ "Best Digital Communications Campaign" (PDF). Promotion Marketing Awards of Asia. Archived from the original (PDF) on 12 September 2014. Retrieved 18 January 2014.
- ↑ "Hungama - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 13 March 2021.