Mojostar in talks to raise $10 million

MUMBAI: Mojostar, a newly formed joint venture between celebrity management firm KWAN Entertainment and brand management and licensing agency Dream Theatre, is in talks with venture capital and private equity firms to raise $10 million (about Rs 64 crore) in Series A funding.

The company, in which KWAN Entertainment holds a majority stake, hopes to invest $30-40 million over the next two-three years.