New Delhi, Jan 29 (NationPress) In a pivotal moment for the film industry, AI-driven film studio TakeTwo announced on Thursday that it has successfully secured funding at a remarkable valuation of Rs 100 crore during its pre-seed round. The investment attracted backing from Afore Capital, which is renowned as the largest pre-seed venture firm globally, along with Canada’s Inovia VC.

Established by Rudresh Upadhyaya (CEO) and Raghav Katta (CTO), TakeTwo aims to establish itself as a comprehensive AI-enhanced film studio, assisting directors and production houses in creating high-quality visual effects, stylized scenes, and immersive environments, all at significantly reduced costs compared to traditional VFX techniques.

Rather than functioning solely as a software platform, the company merges creative talent with sophisticated AI tools, positioning itself as a technology and production ally for filmmakers.

The founders recently emerged from the Y Combinator AI Startup School, where the concept for TakeTwo was born in a modest shared workspace.

During their discussions, they transitioned from broad AI ideas to tackling real issues faced by filmmakers, including escalating VFX costs, stringent deadlines, and the demand for visually captivating content within tight budgets.

This inspiration led to the creation of a studio that integrates AI with live-action filmmaking, seamlessly fitting into existing editing and grading workflows.

“Our mission is to link pioneering AI research with the genuine requirements of professional cinema,” stated Rudresh Upadhyaya.

“This valuation signifies the immediate value we deliver to filmmakers who aspire to elevate their visual storytelling without being constrained by excessive costs and prolonged timelines,” he added.

Upadhyaya further mentioned that with the backing of Afore Capital and Inovia VC, they plan to expand across both Indian and international markets.

This funding arrives at a time when India’s media and entertainment sector is undergoing rapid growth.

The industry was valued at approximately $30 billion in 2024, with projections to reach $48 billion by 2030.

Simultaneously, the global AI video market is anticipated to grow from nearly $3.86 billion in 2024 to over $42 billion by 2033.

In India, the animation and VFX sector alone is expected to achieve $2.2 billion by 2026. TakeTwo aims to capitalize on this expansion by embedding AI as a fundamental component of film production rather than merely as an auxiliary tool.