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Gubbara Ent announces million dollar script development fund in Cannes
Mumbai: As Indian films make waves across the globe and this year at Cannes with a film in each section of the festival, India’s Gubbara Entertainment is geared towards further championing Indian storytelling.
A step towards this direction, Gubbara Entertainment founder & producer Dimpy Agrawal announced a groundbreaking $1 million script development fund aimed at empowering Indian feature filmmakers. The announcement was made at the ongoing Cannes Film Festival, where she and her team are additionally exploring co-productions across a slate developed by them.
Reaffirming Gubbara Entertainment’s dedication to nurturing creativity and innovation in Indian cinema, Agrawal stated, “At Gubbara Entertainment, we recognise the transformative influence of storytelling. Our mission with this development fund is to champion diverse voices and narratives in cinema, resonating locally and globally. As young members of the film fraternity, we were eager to be the change we aspire to see, thus giving birth to the idea of this development fund.”
This significant move heralds a pivotal moment for the Indian film industry, establishing it as one of the few with a dedicated development fund for filmmakers. The fund is designed to provide crucial support to both emerging and established talent, offering financial assistance to develop compelling narratives that have the potential to captivate audiences worldwide.
In addition to launching the dedicated development fund, Gubbara Entertainment has developed a robust slate of long-form scripted and unscripted content.
“We have vigorously been building our slate and are excited to put them on floors soon. In Cannes, we are looking to move forward with our conversations on a few co-productions currently under discussion,” added Agrawal.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
