India’s information and broadcasting sector attracted ₹4,786 crore in foreign direct investment (FDI) during the first nine months of the 2024-25 fiscal, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).
The sector received ₹1,264 crore in FDI in the third quarter alone.
Walt Disney’s ₹1,008 crore investment in Star India emerged as the largest under the Reserve Bank of India’s automatic route. Disney made the investment through Star US Holdings Subsidiary LLC.
Disney’s total investment in Star India during the nine-month period reached ₹3,847 crore, including ₹2,839 crore infused in the first quarter.
Star India, previously fully owned by Disney, has merged with Viacom18 to form JioStar. Reliance Industries holds a majority stake, while Disney retains a significant minority share.
IVY Entertainment secured ₹177 crore in FDI from UAE-based IVY Entertainment Holdings through the automatic route in the third quarter.
In the second quarter, Prime Focus Technologies and Pocket FM raised approximately ₹1,100 crore in FDI. Prime Focus Technologies, a media tech firm specializing in AI solutions, secured ₹742 crore from Luxembourg-based DNEG S.a.r.l. Meanwhile, audio platform Pocket FM raised ₹387 crore from its US-based parent company, Pocket FM Corp.
In the first quarter, Warner Music India received ₹136 crore from its parent company, WEA International Inc. Irelia Company, owned by CVC Capital Partners, invested ₹287 crore in Irelia Sports India, which owns the IPL franchise Gujarat Titans.
FDI in information and broadcasting stood at ₹6,390 crore during the same period last year.
The largest investment then was ₹4,306 crore from BTS Investment 1 Pte Ltd into Viacom18 as part of a ₹15,145 crore funding deal.
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