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Indian digital entertainment startup bags $8.5m for Gen Z content

Rusk Media, a digital entertainment startup based in Delhi, is set to raise approximately US$8.5 million in a Series B funding round. The funding is led by Woori Venture Partners, according to regulatory filings dated Mar.3, 2025.

The funding will include 11,663 Series B compulsorily convertible preference shares (CCPS) with a face value of US$0.11 and a premium of US$726.78.

Founded in 2019 by Mayank Yadav, Rusk Media aims to use the funds for business expansion and to meet working capital needs.

The company creates digital content for Gen Z audiences through brands like “Alright!”, “Playground,” and “LIT.” It generates over 1 billion monthly views and boasts a subscriber base of more than 20 million across social media and video-on-demand platforms, including Amazon miniTV, JioCinema, and JioHostar.

This funding follows Rusk Media’s previous US$9.5 million extended Series A round in 2022, led by DAOL Investment and Audacity Ventures.

Recent digital entertainment developments

Timeline
02-Nov-2022 🎥 TV Tokyo leads Vietnamese digital entertainment firm’s series D round
  • Pops Worldwide raises funds from TV Tokyo Corp.
  • Targets anime growth for Southeast Asian Gen Z audiences.
08-Jun-2022 🎮 Mirae backs Vietnamese digital entertainment firm for blockchain drive
  • Appota secures funding for blockchain projects.
  • Plans to launch gaming guild and Web3 streaming platform.
24-Aug-2021 🎮 Vietnamese digital entertainment firm Pops partners with Singapore gaming startup
  • Pops Worldwide partners with Storms for 35 games.
  • Users in Vietnam, Thailand access games via Pops App.
06-May-2021 🎥 Vietnamese digital entertainment firm Pops looks to raise $50m by Q3 2021
  • Pops Worldwide eyes $50M funding by Q3 2023
  • Plans to expand to Japan and Philippines markets
06-Nov-2019 🎬 Vietnamese firm Pops secures $30m, launches content-streaming platform

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