Former Reliance CEO Shibasish Sarkar Discusses Plans For $230M Acquisitions War Chest In India

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Former Reliance CEO Shibasish Sarkar Discusses Plans For $230M Acquisitions War Chest In India
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EXCLUSIVE: It has been a busy year for Shibasish Sarkar, one of the biggest names in the Indian media landscape, and 2022 is set to be even more significant. Known for his lengthy stint at Reliance…

], a SPAC [Special Purpose Acquisition Company] that is initially targeting major moves in the local entertainment space following a successful $230M IPO on the Nasdaq in August.

Sarkar is staying on at Reliance to oversee a transition period, including the key release of potential blockbuster, a cricket drama starring Ranveer Singh and Deepika Padukone, which is a passion project for the executive.Steven Spielberg, Annie Lennox, Mick Jagger, Ajay Devgn & Hrithik Roshan Help Raise $5M During Covid Relief Fundraiser We For India

In terms of the SPAC, there have been a lot of developments. We have spent the last three months concentrating on developing the target companies.

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