Venture Capital
Mumbai-based digital entertainment company Pocket Aces has raised about $14.5 million (Rs 100 crore) from Sequoia India, DSP Group, 3one4 Capital, and other investors. Pocket Aces will use the funds to invest in content, technology and talent, the company said in a statement. The digital entertainment company plans to launch three new content channels in the next twelve months, the statement added. The company is aiming to reach one billion monthly video views on original content by 2020, the statement said. Pocket Aces focusses on mobile videos and operates three socially distributed content channels - FilterCopy, Dice Media and Gobble.

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