Showing posts with label Letsflix. Show all posts
Showing posts with label Letsflix. Show all posts

Gujarat's First OTT Platform on Letsflix to Hit the Ground Very Soon



As OTT platforms ride the new increased and easy internet access and data consumption wave, regional platforms are set to transform India’s info-space. Industrialist and Philanthropist - Narendra Firodia, Serial entrepreneur and India Network Founder- Rahul Narvekar, and Global Strategist and Impact Investor - Drummi Bhatt saw a void in the regional entertainment space and felt the need to fill this gap and set up Letsflix to stream world class vernacular content.
 
In 2019, the dynamic trio launched India’s first hyperlocal infotainment app, LetsUp, which now caters to 1.5 million users in 7 vernacular languages. A regional OTT platform seemed like a natural progression as the trio understood the power of vernacular audio-video content with the success, they achieved with LetsUpp, and hence, decided to launch Letsflix to redefine the vernacular OTT space with world-class production quality.
 
Letsflix is all set to capture the regional OTT market by streaming world class quality content in 4 Indian regional languages Marathi, Bangla, Bhojpuri and Gujarati, in the next few months. Narendra Firodia says, “We saw a gap in the regional OTT space and set up Letsflix to take quality regional content to every region in India and to the Indian diaspora that has an unsatiated appetite for content in their own languages.” Rahul chimes in: “Regional content is the way forward and that market is exponentially bigger than English and Hindi content which is already very crowded. Boston Consulting Group has estimated that by 2023, the Indian regional OTT market will touch $5Billion! We will soon be streaming movies, serials, comedy shows and other Letsflix Originals in Gujarati.” A super excited Drummi adds in: “Gujarat has a rich culture and have produced some outstanding artists in music and theatre world, and we want to take top quality Gujarati entertainment to every Gujarati speaking audience in the world.” 
 
Letsflix- Gujarati, will offer entertainment in the dialects of Gujarat that includes Gujarati, Kutchi, Kathiawari, and showcase talent from all corners of Gujarat. The content will be diverse including short films, blockbuster movies, web-series, stand-up comedy to Dayros/Bhavai and original content to cater to all vernacular viewers taste across Gujarat, with world-class production quality.
 
Letsflix is currently in the content research and brand strategy phase, aggregating and curating content in different languages, and is keen to work with people across the entertainment spectrum and is inviting partnerships and alliances. 
 
The pre-launch event of Letsflix-Gujarati is scheduled to take place on Tuesday, February 16th, 2021, at Taj Skyline, Sindhu Bhavan Road, Ahmedabad. The star-studded event will be attended by noted personalities from the film, music, media and entertainment space.


LetsUp gets into regional OTT space with Letsflix, starting with Marathi

Rahul Narvekar and Narendra Firodia

Narendra Firodia and Rahul Narvekar come together to launch a Regional language OTT platform called Letsflix.

Starting with Marathi, Letsflix will soon launch other languages. This will be on the back of their local language digital content platform called LetsUp.

LetsUp has close to 1 million downloads and is in English, Hindi, Marathi, Bengali and Tamil currently and getting into more languages soon.

Started as a news and content platform on WhatsApp, LetsUp pivoted to an app and quickly scaled to getting into a hyperlocal, vernacular content platform.

Letsflix will stream Marathi movies, serials, plays, stand-up comedy shows and original content.

Narendra Firodia apart from running multiple business ventures has produced 2 movies in Marathi, "Agabai Arecha 2" and "Triple Seat". He is also the president and main sponsor of Ahmednagar Mahakarandak which is the biggest Marathi stage play competition. This competition has been happening since 2013. A huge believer in promoting talent from small towns of India, Narendra has a start-up called I Love Nagar which is a city specific digital hyperlocal platform.

Rahul Narvekar is a Serial Entrepreneur who is Co-founder of iconic start-ups like www.fashionandyou.com and www.indianroots.com . Currently building a community called as India Network, focussed on promoting entrepreneurs from small towns of India. Rahul is also a GP and Co-founder in Scale Ventures - A category 1 SEBI registered fund, as also Founder of Start-up Studio - India's first local language incubator and India Angel Fund - focussed on investing in women led start-ups. IAF has invested in 3 women led start-ups so far and recently India network has signed a Joint Venture with Canada based Bay Street Dairy - led by Suneet Oberoi and Neetu Oberoi.

Letsflix is currently aggregating and curating content for Marathi, is keen to work with people across the spectrum and also looking at partnerships and alliances.

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