MUMBAI: India’s largest digital video streaming platform, Hotstar has received a new set of funds worth Rs 10.66 billion ($153 million) from Star India’s India and USA subsidiaries in total according to paper.vc, the online business intelligence platform.
Dissecting the investment, Star India, Hotstar’s parent company injected Rs 8.32 billion of that amount while the remaining Rs 2.34 billion was done so by the company’s American arm.