Hyderabad houses FLEX SPACE one of the fastest grwoing

 Hyderabad houses 4.5 million sq. ft. of flex space; one of the fastest growing flex markets in the country: JLL

 

Hyderabad hosts 4.5 million sq. ft. of the total flex space stock in India and is one among the fastest growing markets in the country, according to a recently launched report by JLL, Reimagine Flexspaces A 360⁰ view.

The demand for flexible spaces in large cities such as Hyderabad is likely to grow, with businesses having a greater need to accommodate portfolio expansion and contraction along with crisis support. This indicates the inherent growth potential of the flex office market in India.

“Flex space operators provided organised workspaces with a lock-in-period of 1-2 years. Companies that have pre-leased with scheduled delivery over next 1-2 years have shown interest in such flex spaces to have their temporary offices. Apart from big MNCs, Hyderabad also houses many start-ups and small companies in the field of Consulting, IT, and logistics. Flex spaces have become financially feasible for such small players as well with low capex,” said Sandip Patnaik, Managing Director and Head (Telangana & Andhra Pradesh), JLL India

The flex space market in Hyderabad saw major traction from mid-2018 and peaked in 2019. Flex spaces accounted for 28% of total office space leasing in 2019 in the city. While flex spaces already enjoyed popularity amongst start-ups and small-sized companies, there has been an increased traction amongst large BFSI and IT-ITeS occupiers mainly as managed office spaces as well as incubation spaces. This supports the significant expansion by flex space operators in the city during the last 2-3 years.

As per a recent report by JLL strong signs of recovery were witnessed in the Hyderabad office market in Q3 2020 with a healthy gross leasing at 1.9 million sq. ft. At the same time, net absorption grew by 31% from the previous quarter to 1.5 million sq. ft. in Q3 2020.

The country is expected to witness deeper penetration, throughout 2021 and beyond, the flex space market is forecast to grow at a slower pace and more organically. Irrespective of several short-term disruptions and challenges, increased demand from large enterprises, will support the growth of the flex space market to more than 50 million sq. ft. by 2023. It is anticipated that flexible space will grow by an average of around 15-20% per annum over the next three-to-four years, although this trajectory will not be linear. Previously expected levels of new investment are unlikely to be seen, as operators look to solidify their existing operations and it is likely that certain operators will not be able to weather the storm.

As corporates return to the workplace, they are likely to further leverage flexible space to reduce capital expenditure and create cost savings, while allowing for split teams and de-densification requirements. Developments that initially drove the growth of the flex market, like the focus on utilizing workplaces to boost productivity and drive dynamic work cultures, enhance emphasis on employee health etc., will continue to influence the next phase in India.

 “While the flex-space market more than tripled in the last 3 years, the momentum going ahead will be relatively slower. Players are likely to tread cautiously, and the overall market is expected to expand 1.5 times from the current size. At the same time, demand for flexible space is likely to remain resilient and we expect the size of the flex space market to cross 50 million sq. ft. by 2023, led by increased demand from larger enterprises,” Dr Samantak Das, Chief Economist and Head of Research & REIS, JLL India.

In the commercial real estate space, flex spaces have become synonymous with adaptability. As preferences evolve, a range of flexible space options have taken shape to suit changing business needs, including remote working. To respond to the current disruption, and to lay the groundwork to deal with what may be permanent changes for the industry, flex space operators have been agile and are recalibrating their business strategies. They are now laying a greater emphasis on profitability and evolving strategies to ensure stable occupancy levels in their flex space centres.

 Large enterprises to drive demand

The densification trend that had emerged over the last decade will likely reverse with enterprises leaning on flexible office space to relax space density. Large enterprises might also look at splitting up their offices to reduce commute times and dependence on public transport. However, with expected economic uncertainty, companies will be hesitant to commit large capital to real estate. In terms of strategy, leasing directly to a third-party flexible space operator is the most widely adopted model. A partnership model allows both landlords and operators to leverage each other’s strengths. There are several ways to implement a partnership, with revenue shares and management contracts being the most common. Under the revenue share option, both parties split the upside. In the case of a management contract, the operator gets a fixed payment, while the landlord assumes all the leasing risk and enjoys the upside. Despite the benefits of this approach, partnerships are relatively less common in India for now.

What the future holds

The entry of more than 300 flex space operators into the country helped commoditize the market. Prior to the pandemic, most of these operators were focused on attaining scale and capturing market share. However, the availability of capital, in the current scenario, will be a challenge. Players who have embarked on aggressive growth so far will find themselves strapped for capital. In such a scenario, the market is likely to witness consolidation activity driven by larger operators with financial wherewithal acquiring smaller ones. 

Flexible workplaces will continue to be a major influence on the future direction of the Indian office market. There will be an even greater focus on providing customized office space solutions and demand for flexible space will not only return but increase, as occupiers embrace the core plus flex model more widely. Despite the massive disruption from the impact of COVID-19, the future of flexible workspaces will remain optimistic.

Newgen Positioned as a Visionary in Gartner Magic Quadrant

Newgen Positioned as a Visionary in Gartner Magic Quadrant
for Content Services Platforms

The report recognizes Newgen’s ECM platform for the 12th consecutive year

Newgen Software, a global provider of low code digital automation platform, announced that it has been positioned as a Visionary in the Gartner Magic Quadrant for Content Services Platforms, November 16, 2020, authored by Michael Woodbridge

The report evaluates 18 different vendors offering content services platforms (CSPs) based on their ability to execute and completeness of vision. The complimentary copy of the Gartner report can be downloaded from the Newgen website.

“Content is the backbone of every organization. Empowering employees with contextual information can help organizations in informed interactions with their customers and other stakeholders. We believe this inclusion by Gartner recognizes our efforts towards enabling enterprises in streamlining their content and ensuring remote, secure access to relevant information. At Newgen, we believe in continuous innovation and making our products scalable, agile, and future-ready,” said Diwakar Nigam, MD and Chairman, Newgen Software.

Newgen OmniDocs, a fully-featured CSP, enables organizations across the globe with document management, multichannel capture and scanning, records management, and content analytics. The platform connects content and processes with context and allows for automation with agility.

*Authored by Michael Woodbridge, Marko Sillanpaa, Lane Severson

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Burger King India Limited Initial Public Offer

Burger King India Limited Initial Public Offer

Bid/ Offer period to open on Wednesday, December 2, 2020

 ·         Price band fixed at Rs 59 to Rs 60 per equity share of face value of Rs. 10 each

·         Bid/ Offer period to remain open from Wednesday, 2^nd  December, 2020 to Friday, 4^th December 2020

Burger King India Limited (the “Company’), one of the fastest growing international QSR chains in India during the first five years of operations based on number of restaurants. (Source: Technopak), will open the Bid/ Offer period in relation to its initial public offer of equity shares of face value of Rs. 10 each (“Equity Shares” and such initial public offer, the “Offer”) on Wednesday, December 2, 2020. The Bid/ Offer period will close on Friday, December 4, 2020. The price band of the Offer has been fixed at Rs 59 to Rs 60per Equity Share.

The initial public offering comprises of a fresh issue of Equity Shares aggregating up to Rs. 4,500 million* by the company (“Fresh Issue”) and an offer for sale of up to 60,000,000 Equity Shares by QSR Asia Pte. Ltd. (“Promoter Selling Shareholder”) (“Offer for Sale”, and together with the fresh issue, “Offer”).

The company has undertaken a pre-ipo placement by way of a: (i) Rights Issue of 1,32,00,000 equity shares to the Promoter Selling Shareholder for cash at a price of Rs. 44 per equity share

aggregating to Rs. 580.80 million pursuant to the resolution of the board dated May 23, 2020; and (ii) Preferential allotment of 15,712,820 Equity Shares to AIL for cash at a price of Rs. 58.50 per equity share aggregating to Rs. 919.20 million, in consultation with the BRLMs, pursuant to the resolution of the board dated November 18, 2020. The size of the fresh issue of up to Rs. 6,000 million has been reduced by Rs. 1,500 million pursuant to the pre-IPO placement, and accordingly, the fresh issue size is up to Rs. 4,500 million.

Bids can be made for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter.

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with Regulation 31 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”). This Offer is being made through the Book Building Process in accordance with Regulation 6(2) of the SEBI ICDR Regulations wherein not less than 75% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (“QIB Portion”), provided that the Company and the Promoter Selling Shareholder in consultation with the BRLMs may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis. One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price. 5% of the QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. If at least 75% of the Offer cannot be Allotted to QIBs, the Bid Amounts received by the Company shall be refunded.

Further, not more than 15% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not more than 10% of the Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. All Bidders, other than Anchor Investors, are mandatorily required to participate in the Offer through the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID in case of RIBs, if applicable) which will be blocked by the Self Certified Syndicate Banks (“SCSBs”) to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA Process.

The Net Proceeds from the Fresh Issue are proposed to be utilised for funding roll out of new Company-owned Burger King Restaurants by way of: (i) Repayment or prepayment of outstanding borrowings of the Company obtained for setting up of new Company-owned Burger King Restaurants; and (ii) Capital expenditure incurred for setting up of new Company-owned Burger King Restaurants, and for general corporate purposes.

The Equity Shares offered in this Offer are proposed to be listed at both BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”) post the listing. For the purpose of the Offer, BSE is the Designated Stock Exchange.

Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Edelweiss Financial Services Limited and JM Financial Limited are the Book Running Lead Managers to the Offer.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Red Herring Prospectus dated November 25, 2020 (“RHP”).

Nissan India expands with 50 new sales

Nissan India expands with 50 new sales & service touch points
and first-in-industry digital ecosystem

 30 new service and 20 new sales outlets across the country

• Immersive and interactive product experience through virtual showroom, configurator and first-in-industry virtual test drive experience
• End-to-end e-commerce from booking to delivery including finance application
• Convenience of doorstep service including pick-up and drop

In the run-up to the launch of the all-new Nissan Magnite next month, Nissan India has further strengthened customer-centric services with highly-trained channel partners, an end-to-end digital ecosystem and virtual showroom with vehicle configurator:

 The vehicle configurator provides a seamless exterior and interior experience of all grades, powertrain and feature combinations including “tech pack”

• End-to-end E-commerce from booking to delivery including finance process
• First-in-industry virtual test-drive feature that allows the customer to take a test drive from home on their personal device. This is a unique interactive experience where the customer gets a first-hand experience of being on a test drive of the all-new Nissan Magnite on road with a virtual sales consultant

Furthermore, Nissan India is enhancing its customer connectivity with 30 new service stations and 20 new showrooms across the country. This is in line with the Nissan NEXT strategy to prioritize and invest in the Indian market for sustainable growth.

“Nissan India’s focus is onto improving customers connectivity by providing a seamless journey through these company-owned platforms. We are adapting and adopting the changes in the marketplace to strengthen Nissan’s commitment to the Indian customer on product and service assurances,” said Sinan Ozkok, President, Nissan Motor India.

Nissan India has also introduced ‘Nissan Express Service’ to deliver a quick and comprehensive service experience in just 90-minutes. Nissan will extend the service reach to its customers by conducting “Nissan Service Clinics” in 100+ upcountry locations. Nissan customers may book services and even check costs online through the Nissan Service Cost Calculator via Nissan Service Hub (website) or Nissan Connect, bringing utmost transparency to the process supported by Nissan’s 24/7 Roadside Assistance available in over 1500 cities.*

Keeping health and safety of its customers in mind, Nissan’s ‘Convenience of Doorstep Service’ follows firm standard operating procedures to provide customers with best car service without having to leave their home. Nissan India also offers ‘Pick-up & Drop-off’ services of Nissan cars to and from dealerships which mitigates the risk of infection and minimizes disruptions in the schedule of customers.

“With India gradually becoming a more strategic base for value-added services, Nissan’s new and improved initiatives will underscore our desire to give customers a hassle-free, safe, and satisfying sales and service process that is enhanced by a comprehensive digital ecosystem for discerning customers,” said Rakesh Srivastava, MD, Nissan Motor India.

Velammal Students excel at the

 VELAMMAL STUDENTS EXCEL AT THE SCIENCE TALENT TEST

Velammal Nexus congratulates the students who excelled at the 25th PSG Tech Talent Test 2020 conducted recently.

*Master Karthick A,* Std X of Velammal Vidyalaya Paruthipattu Campus grabbed the State 4th rank and *Master Pranav Raghuram,* Std X of Velammal Vidyalaya Mel Ayanambakkam secured State 8th rank.

PSG Tech Talent Test 2020 was conducted by PSG Tech Alumini Association, Coimbatore in the online mode where 122 schools across Tamilnadu participated.

The Management congratulates the exemplary performance of the achievers.

SIAM Organizes 6th Virtual Lecture on

 SIAM Organizes 6th Virtual Lecture on “Active & Passive Vehicular Safety Standards”

Participating industry experts emphasised the fact that, improved enforcements, a level playing field, technological advancements and greater awareness are imperative today, for road safety

The Society of Indian Automobile Manufacturers (SIAM) conducted its 6^th lecture, on “Active & Passive Vehicular Safety Standards”, on 27^th November, 2020. The lecture focused on Safety Standards for Buses and Commercial Vehicles in the national and global markets.

 The lecture also provided a comparative overview of the global markets with regards to Global Safety Standards for Buses and Commercial Vehicles alongside India’s achievements and the way forward in the aforesaid domain.

While the participants recognised the fact that although India as a country have come a long way as far as road safety is concerned, and buses and CVs today do have a large number of safety features, incidences of road fatalities still remain high. The lecture discussed and deliberated on what more safety best-practices can be implemented and the types of technological advancements and interventions that can be initiated, to mitigate this concern. All participants consensually agreed to the fact that India lacks the necessary infrastructure and there is a dearth of awareness amongst consumers as well, when it comes to road safety and safer mobility.  

Mr Prashant K Banerjee (Executive Director, SIAM), said, "It is very unfortunate to think of the fact that, every year, a multitude of people dies on our streets. While we at SIAM, takes pride that although today, trucks and buses adhere to safety standards and have advanced features that are at par with their global counterparts, however, there is a dire need for a well-structured enforcement implementation mechanism, initiatives that will work towards promoting a level playing field and a need for greater awareness amongst buyers and consumers. These are indispensable factors for ensuring safer mobility. SIAM has been continuously working towards providing an assertive and stimulating platform for the industry to come together and collectively address concerns that are impacting every citizen.”

The panel comprised of industry veterans, including the likes of Mr Ashim Sharma Partner (Group Head, Business Performance Improvement Consulting NRI Consulting & Solutions India), Mr Ranjit Ballal (GM & Head- VATS Ops), Mr. P Gowrishankar (GM & Head- Regulations and IB Tata Motors Ltd), Mr Neeraj Shaiv (General Manager VE Commercial Vehicles Limited), Mr D Balakrishnan (General Manager Ashok Leyland Ltd), Mr Ranjit Radhakrishnan (Vice President Volvo Group India Pvt Ltd) and Mr Prashant K Banerjee (Executive Director SIAM).

They shared their valuable insights on the following topics:

·         Indian Safety Standards for Buses/ Commercial Vehicles

·         Need for Harmonized Regulations across body builders

·         Safety Standards: Vehicles carrying hazardous materials 

·         Global Safety Standards for Buses and Commercial Vehicles

·         Industry landscape concerning BS-VI norms, from a lens of policies, regulations, principles, concepts, design, technology, pollution prevention, and climate change.

Cargill India awards scholarship to 10 Indian students

 Cargill India awards scholarship to 10 Indian students
under its Global Scholars Program

Onboards three additional agriculture research institutes in India for this program

Cargill India in partnership with the Institute of International Education (IIE) announced the awardees of the 8^th edition of Cargill Global Scholars Program 2020. The program provides financial support and is aimed at promoting students who demonstrate exemplary academic achievements, leadership potential and study in food, agriculture and risk management. In India, 10 scholarships are being awarded for this academic year to students from leading science and technology institutions - Indian Institute of Technology Bombay, Delhi and Gandhinagar, National Institute of Technology Tiruchirappalli, Indian Institute of Science Bengaluru and Lady Shri Ram College for Women. Under the two-year scholarship program, selected students will receive scholarship funds of US$2,500 per year for up to two years.

Taking a step further this year, the program will be onboarding three new reputed institutions; ICAR-National Dairy Research Institute, Karnal for their B.Tech. (Dairy Technology) program, Punjab Agricultural University, Ludhiana for their B.Tech. (Food Technology) program and University of Agricultural Sciences, Bengaluru for B.Tech (Ag.Engg) and B.Tech (Food Tech) programs. Students selected from these institutions will be awarded scholarships next year, which includes financial support as well as leadership development opportunities under the program.

Speaking on the occasion, Raj Karunakaran, HR Head, Cargill India, said, “We are committed to talent development by nurturing future leaders, laying the foundation for a better tomorrow. Cargill Global Scholarship Program helps Cargill identify top talent, giving students the chance to hone tech and business acumen at a time when talent risk is one of the most significant challenges to businesses. This year we have added three more institutes from the field of agricultural science and we believe that our association with these institutions will help expand our vision to more young talent and build a strong foundation for their academic and career growth.”

Vivek Mansukhani, Head, Institute of International Education (IIE), India said, “the Institute of International Education (IIE) is once again privileged to collaborate with Cargill on their flagship Global Scholars Program. The opportunities offered by this value-creating program enable potential young future leaders to acquire knowledge, skills and perspectives through one-on-one mentoring and various group learning modules. The program also connects them with peers from around the world, helping them develop cross-cultural skills. The sustained commitment and long-term vision of Cargill’s investment in raising truly capable people is very inspiring”.

 Cargill Global Scholars program is designed for undergraduate students across six countries including India, Brazil, China, Russia, Indonesia and the United States. Throughout the program, students receive experiential learning modules, including leadership development training, coupled with counseling from Cargill leaders. Students also gain valuable opportunities to observe and learn from business and community leaders in their own countries.

 “The selection process itself was a huge learning curve for me.  Through the leadership development and networking opportunities with leaders of Cargill and alumni spread across the world, I believe the program will help me understand myself better and train myself as a leader. I am especially looking forward to connecting with my mentor at Cargill for expert guidance and support.”

 Ananya Chatterjee, National Institute of Technology Tiruchirappalli

 “I feel fortunate to be a part of this program as it is helping me connect with industry leaders and experienced seniors. Cargill has created so many opportunities for me to improve my soft skills and learn from the experience of experts and Cargill Leadership. I look forward to connecting with the network of my fellow scholars and global community of alumni not only to learn new things but also to ideate and create synergies on social and cultural issues across the world.”

 Mohammad Ali Rehan, Indian Institute of Technology Bombay

 For the past seven years, more than 430 students globally from more than 65 universities across India, Brazil, China, Indonesia, Russia, and the United States have benefitted from global program. This includes 70 students from India.

Furniture searches online jump

Furniture searches online jump 1.5x-2x ahead of wedding season: Flipkart data 

With the onset of the wedding season, usually witnessed from December to March, an increasing number of consumers across the country are looking for their furniture essentials online. With COVID necessitating staying indoors coupled with the inherent benefits of shopping online including the availability of a large selection of products and home delivery services, there has been a significant surge in searches of beds, sofas and dining tables to name a few.

Flipkart, India’s homegrown e-commerce marketplace, has witnessed an increase of 1.5x-2x in search of furniture items across verticals during the past few months as against the same period last year. This indicates a growing consumer appetite for purchasing furniture online in the run up to the wedding season. While the searches from metros and tier-I cities have jumped by 1.5x and 1.7x respectively,it is the tier-III cities which are leading the search trends with over 2x jump over last year. While beds and sofas are the most searched items for wedding shopping across cities, there is a growing demand for affordable and multi-functional furniture such as sofa-cum-beds etc., which ensure better utilisation of space.

To meet this growing demand, Flipkart is working with its large pool of over 10,000 onboarded sellers to make various types of furniture available during the upcoming season. The company is providing them with consumer insights on the kinds of furniture being preferred and the price points to meet consumers’ demand.

Nishant Gupta, Senior Director, Furniture and BGMH, Flipkart said, “A large number of consumers are looking to set up their homes during the upcoming wedding season due to which we are witnessing heightened search trends across various furniture verticals such as beds and sofas. While this trend is visible across cities, tier-III cities are witnessing over 2x jump in searches over last year, in continuation of a trend seen post COVID as an increasing number of consumers from smaller cities shop online. We, at Flipkart, have created a special store online to help wedding shoppers get a curated shopping experience and are working with our large number of sellers in making available the widest selection of furniture items ahead of the wedding season”. 

This year, Flipkart has expanded its furniture portfolio and has onboarded sellers from Tier-2 and Tier-3 cities, who specialize in authentic, indigenous designs and materials. With a selection of about 3.5 lakh furniture products by almost 10,000 sellers across the country, coupled with delivery in 100 percent of the serviceable pincodes and installation services at all major pincodes, Flipkart is enabling customers to set up their new homes with great ease and convenience. Flipkart’s affordability constructs like “No Cost EMI” and “Pay Later” are extremely popular, with almost 50 percent of customers choosing these options while paying.

Hombale films, a film production house established by a

Hombale films, a film production house established by a first generation entrepreneur Mr. Vijay Kiragandur, set foot with a simple yet unobstructed vision. The goal was to elevate the quality of filmmaking in Sandalwood i.e., Kannada Film Industry. We further surfaced to fill the vacuity in South Indian Film Industry by presenting family entertainers with unparalleled quality. As we are never limited by the budget factor, we proceeded with technical production that is best of industry standards.

Our earliest projects comprised of Kannada superstars were ‘Ninnindale’ starring Puneeth Rajkumar & ‘Masterpiece’ starring Yash. Our next spin was ‘Raajakumara’, again starring Puneeth Rajkumar, directed by young Writer- Director Santhosh Ananddram. By turning into the highest grosser of KFI of the times, it made Hombale stand tall as the current Powerhouse of the industry.

 

With audience and their love, stories and cinema, there comes a phase, when the recurring success guides us to spread our wings and fly higher. Our founder, Mr. Vijay Kiragandur, on the lookout for his next project, met an up and coming, craftly endowed filmmaker Prashanth Neel. The remarkable story that took birth in Neel’s mind required humongous scale of production to be come to life. This is where their visions inclined and shone bright. The winning trio of Yash, Prashanth Neel and him came together to create the masterpiece titled ‘KGF: Chapter 1’. 

 

South Indian Cinema spectrum witnessed never seen before experience. A first film to see the light of simultaneous five language release - Kannada, Telugu, Tamil, Malayalam and Hindi languages. The movie received an instant positive response from audiences with the Acting, Direction, Cinematography, Art direction and the film's score specially singled out for praise. Within four days post release, shattering the records, the film marked to be an all-time highest grossing Kannada film. What Vijay Kiragandur achieved with his tenacity and his collaborators, was so different from the work of anyone else and on such a massive scale. The impact of Hombale Films, the umbrella venture of this first-generation filmmakers has been profound and far-reaching. 

 

That was just the beginning of the renaissance we aimed at.Hombale Films is now working on three mega projects - Yuvarathnaa (Bilingual movie with Puneeth Rajkumar), KGF Chapter II and our 7th and a soon to be announced Indian Film with Super Star – Super Director. 

 

Will Hombale’s next be the rise of new wave in the nation? #HombaleFilms7 is third film for a national audience from the production house that will see a simultaneous release in five languages. These projects will surely vault Hombale Films to be the production house in the country to have had three nationwide simultaneous releases in five languages.