iWorld
Shilpa Shetty Kundra launches her own VFX studio – SVS Studio
Mumbai: Actor Shilpa Shetty has teamed up with VFX industry veteran Sandeep Mane to launch VFX company SVS Studio Pvt Ltd. Mane will lead the company as managing director.
With a career spanning 15 years in the field of VFX, Sandeep Mane brings a vast amount of experience along with a very talented senior team under his umbrella. He has worked on blockbuster films such as “Baahubali 2,” “Bajirao Mastani,” “Padmaavat,” “Simmba,” “Dangal,” “Housefull 3,” “Golmaal Again” and many more. Before joining SVS, Mane has worked for companies such as Prime Focus, NY Vfxwaala, and Anibrain.
“I am excited to venture into the VFX industry, being a part of the film industry, I understand the importance of good VFX. It can make or break a movie,” said founder-chairman Shilpa Shetty Kundra. “Our focus is on providing production houses in India and across the globe with world-class quality VFX.”
SVS Studio is located in the heart of the film industry in Andheri West, Mumbai India.
“The AVGC industry is booming. We plan to create more employment, train and develop skills and invest in new-age technology to stay ahead of the ever-evolving VFX industry providing production houses with end-to-end solutions,” said Sandeep Mane.
iWorld
Tips Music CEO Hari Nair to step down
Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins
MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.
The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.
Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.
Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.
Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.
In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.
The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.
Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.
For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.
