Brands
Make-A-Wish & fueladream.com team up with ‘Bahubali’ to help kids
MUMBAI: Fueladream – a crowdfunding platform in Bangalore which came up with the concept for a new initiative – an initiative to get people of India to show their compassion for a good cause. Fueladream has teamed up with Bahubali –The Conclusion.
Team Bahubali has set new trends in the Indian film making business and is very excited to take part in this initiative. It’s an initiative which leverages the power of technology and crowdfunding to make a difference to the lives of others. This is a unique innovation that will be promoted through social media by all the 3 partners –Make-A-Wish India, Fueladream and Bahubali. The production team, cast and crew of Bahubali have taken a massive interest in the work that Make-A-Wish India strives to do. They have decided to be a part of this great initiative by an NGO & get behind them by spreading awareness for the work they do and raise funds in the process.
Bahubali 2 –The Conclusion producer Shobu Yarlagadda says “We want our fans to make a difference to the lives of these kids by funding this online at Fueladream.com.”
This collaboration also makes it easier for the children to have their innermost wish fulfilled, which can be one of the following– to have something get a bicycle /Doll house / mobile phone or even a laptop, go to the sets of a movie like Bahubali, ‘meet the stars’ of the film or BE a film director for a day.
Fueladream founder and CEO Ranganath Thota says, “We are touched by the genuine interest that the team at Bahubali has taken in promoting this cause & are thrilled to be pioneering a crowdfunding initiative that involves a movie brand of the stature of Bahubali.”
These wishes are more than just a nice thing. They impact everyone involved. It lifts the children’s spirits, makes them more receptive to the painful and gruesome medical treatments that they have to go throughgiving them an added incentive to fight the disease ailing them. It impacts the doctors, volunteers and donors as well. It makes them realise that a small gesture can go a long way. It gives their parents a chance to be optimistic.
Make-A-Wish India CEO Deepak S Bhatia says “We are thrilled that the team at Bahubali is partnering with us to restore hope, strength and joy for children diagnosed with a life-threatening medical condition. With support from Fueladream, we are confident that all Indians will come forth to support our cause in a big way to ensure that their contributions will enable us grant almost 10,000 wishes per annum.”
Not only can you brighten the life of a sick child by contributing to this campaign, but those who fund get interesting rewards – T shirts signed by the stars of the movie, comic books and even tickets to the first day show of Bahubali! The campaign will be under way the end of April 2017
Brands
UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
