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ProducerBazaar parent Fipchain raises pre-series A to scale IP trade
Backed by River Ventures, firm eyes global expansion in content rights market
CHENNAI: Fipchain, the parent of ProducerBazaar, has secured fresh capital in a pre-series A round led by River Ventures, as it sets its sights on building a global marketplace for intellectual property trading.
The round also saw participation from Venture Forge Labs, angel investor Chandu Nair, and a cross-border group of investors spanning India, the UAE and Germany. Panya Capital advised on the transaction.
The funding comes at a time when the global market for TV, film, video and AI-driven content IP is expanding rapidly. Estimated at $28 billion today, the segment is projected to touch $47 billion by 2029, with India emerging as one of the fastest-growing markets thanks to rising streaming demand and cross-border licensing.
Fipchain is betting on a gap that many in the industry quietly acknowledge. Despite India’s vast content output, IP trade remains fragmented and largely relationship-driven, with no dominant homegrown platform offering an end-to-end exchange for rights discovery, governance and transactions.
Its platform, ProducerBazaar, aims to change that by acting as a digital marketplace where creators, studios, OTT players and broadcasters can discover, license and monetise content across borders. The broader ambition goes further, building an integrated ecosystem covering the entire IP lifecycle, from rights intelligence to transaction execution.
The fresh capital will be used to strengthen the company’s technology backbone and expand internationally, particularly across Asia, the Middle East and Europe. A key focus will be enhancing AI-led discovery tools and scaling infrastructure to handle high-volume global deals.
“This fundraise marks a defining moment in our journey to build a transparent and scalable marketplace for intellectual property,” said Fipchain founder and chief executive officer G K Tirunavukarasu.
Fipchain co-founder and chief business officer Vijay D added that demand for premium IP is only accelerating globally, with the company focused on removing friction in cross-border transactions.
With the digital creative economy expected to surpass $7 trillion by 2030, Fipchain is positioning itself as a structured bridge between content creators and buyers worldwide. If it succeeds, the company could help turn a fragmented market into a far more fluid and investable one.
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MEASAT names John Loke CTO to lead AI, multi-orbit growth strategy
Returning executive to steer innovation and satellite tech roadmap
KUALA LUMPUR: MEASAT Global Berhad has appointed John Loke as its chief technology officer, tasking the returning executive with steering its next phase of innovation and growth.
In his new role, Loke will lead the company’s digital evolution and regional strategy, with a focus on AI-led solutions and multi-orbit satellite capabilities. He will also oversee key divisions spanning satellite and network engineering, operations, and IT and digital transformation, while handling the technical side of satellite and launch procurement.
The appointment marks a homecoming of sorts. Loke previously spent a decade at MEASAT in senior leadership roles, including vice president of network engineering and operations and customer engineering. During that time, he played a key role in delivering major initiatives such as MEASAT-3a, MEASAT-3b and the CONNECTme service, strengthening the company’s position in the region.
Most recently, he served as CTO at a Singapore-based satellite operator, where he led the rollout of high-speed broadband services across the Asia-Pacific market. Earlier in his career, Loke was part of the pioneering team at Singapore Telecommunications Ltd that launched the ST-1 satellite operation.
With deep institutional knowledge and a broad regional lens, Loke’s return comes at a time when satellite players are rethinking strategy amid rapid technological change. His mandate is clear: align innovation with growth and ensure MEASAT stays firmly in orbit in an increasingly competitive spacetech landscape.
