Vistas Media Capital (VMC), a Singapore-based Integrated Content Media and Entertainment Investment Holding Company, Co-Founded by NRI entrepreneurs Abhayanand Singh and Saurabh Gupta. 

Last night, through Vistas Media Acquisition Company (VMAC) they announced their initial public offering of USD 100 Million (actual value) SPAC IPO and listed on The Nasdaq Capital Market. 

A blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, commenced trading today of its $100 million initial public offering on The Nasdaq Stock Market. The offering consists of 10,000,000 units at a price to the public of $10.00 per unit.

Started in 2015, VMC is an Integrated Media Investment Holding Company which invests in media globally. Their board of advisory had a recent addition with the visionary leader Raj Nayak who will play a critical role in launching a few of their upcoming initiatives in the market while assisting them to put their existing businesses on the growth path in India. 

Golden Ratio Films, a fully owned subsidiary of Vistas Media Capital, has been very active in the content space in India with their slates in Hindi, Marathi. Recently, VMC added another feather in their hat with the critically acclaimed movie ‘Bhonsle’ which premiered on SonyLIV on June 26th, 2020. 

Bhonsle is the second film from the production house to be launched on an OTT platform, the first one being ‘AB Aani CD’ on Amazon Prime Video. The brand at present aims to introduce new initiatives and more content in Tamil and Marathi in the India market which will help out their existing businesses on the growth path.