HSBC invests India media with Avitel
HSBC Private Equity Asia has made a $10.8 million investment from its $700 million HSBC Asian Ventures Fund 3 into Avitel Post Studioz, a Mumbai-headquartered post-production company working with film and TV clients.
James Savage, Investment Director at HSBC Private Equity, will join the Avitel board. Avitel will use the funding to finance a unit focused on post-production and animation work for international clients,...
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