Kids
Elephant Capital acquires stake in Amar Chitra Katha
MUMBAI: Elephant Capital has acquired stake in children‘s book publisher Amar Chitra Katha (ACK) for around Rs 220 million.
While the percentage of the stake is not disclosed, it is learnt that it is close to 30 per cent. The investment will be made through Elephant Capital‘s Mauritian subsidiary, Tusk Investments Fund 1.
Said Elephant Capital LLP Managing Partner Gaurav Burman, “We believe there is a huge amount of value in ACK and look forward to working with the team to fully realise the potential the business holds. I believe this will be a very successful investment for Elephant Capital.”
While Elephant Capital‘s co-investment vehicle will invest 500,000 pounds, Burman will invest 300,000 pounds.
Besides, the company will appoint two directors to the board of ACK, Gaurav Burman and Amit Jain, who will represent one-third of the board seats.
Gaurav Burman, incidentally, is the son-in-law of Lalit Modi. His company Elephant Capital Invests invested $ 10 million in Global Cricket Ventures that bagged the digital and mobile rights for IPL till 2017.
Amar Chitra Katha is one of the leading children‘s media companies in India with a catalogue of over 500 print and 100 digital products and 25 proprietary characters with pan-Indian recognition.
Kids
Mukta Arts and Green Gold ink MOU to animate iconic film IPs
Kalicharan, Karz, Hero, Karma, Ram Lakhan to spawn animated shows plus features.
MUMBAI: When classic hindi movie meets animation, the result is a fresh reel of nostalgia with a cartoon twist. Mukta Arts Ltd. and Green Gold Animation have signed a Memorandum of Understanding (MOU) to collaborate on animated shows and feature films drawn from Mukta Arts’ four-decade treasure trove of iconic IPs. The partnership taps Mukta’s SGM Animation Studio launched in 2025 as its dedicated animation and games arm and Green Gold’s proven track record in building scalable, homegrown franchises. Creative teams from both sides have already kicked off discussions, with the first project currently in development.
The slate will draw inspiration from landmark Mukta films including Kalicharan, Karz, Hero, Karma, Ram Lakhan, Khalnayak, Saudagar and Iqbal, plus character-led spin-offs from those universes. The aim is to reimagine these stories for today’s young, global audiences while preserving their emotional core.
Green Gold Animation (home of Chhota Bheem) founder and CEO Rajiv Chilaka said, “This partnership with SGM Studios allows us to apply our experience in building long-lasting animation IPs to a truly iconic film catalogue. Together, we aim to create animated worlds that are rooted in these legendary stories, yet designed to connect with today’s young, global audiences.”
Mukta Arts Ltd. filmmaker and founder Subhash Ghai added, “Mukta Arts has always believed in creating stories with lasting emotional value. Through animation, we are extending our IP into a new medium for the next generation.”
In an industry where timeless tales never go out of fashion, this collaboration promises to bring beloved characters back to life with a modern, animated glow proving that some stories are too good to stay in live-action. Stay tuned for the first animated frame to drop.
