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Picture Time Digiplex Pvt Ltd

Delhi, Delhi

DPIIT recognised Locality Indic Language Startups

In their own words

PictureTime is a Mobile Digital Movie Theatre. It is world's first state of the art, digital mobile cinema, exhibiting the latest films, educational programs and interactive governance engagements. PictureTime DigiPlex offers digital movie screening on a Big Screen with Dolby 5.1 surround sound in a DCI compliant mode. The DigiPlex infrastructure also includes a custom-made and acoustics enabled inflated enclosure to house 120-150 people. PictureTime DigiPlex will not only provide the best class cinematic experience to people at a very affordable cost but also connects administration with the people by being an outreach platform for government and corporates. If you look at the current screen density in India, it is very low India and the numbers have come down drastically from 25,000 screens to around 11,000 at present. While cable television and digital revolution played their role in this decline, the main reason in our view was that single screen cinema theatre business could not adapt itself to the changing times. Particularly so in rural India, the 'tambu talkies' format started dying. While multiplexes have taken over the market in the metros and mini metros, it's not penetrated rural India which is deprived of the grand cinematic experience.. India is a severely under screened nation and the high real estate prices and cumbersome regulatory process to set up the cinema theatre pushed me to think beyond. Hence the product DigiPlex came to being. I wanted to have portable, real estate independent, low on regulatory compliances and ready to have new release films platform and PictureTime is a solution to the above.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP1167
CIN
U92490DL2015PTC283900
Incorporated (MCA)
2015
Registered on Startup India
2018
Self-declared stage
Scaling
MCA status
Active
Company class
Private
Registrar
RoC-Delhi I
Authorised capital
₹10,00,00,000
Paid-up capital
₹8,02,480

www.picturetime.in

Funding signals

We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.

Where this is

Locality

Delhi

Delhi

We know the area, Delhi, but not the address. The pin below covers roughly a kilometre.

Geocode confidence: low

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Is this your company?

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