Rainshine Entertainment, an entertainment company that creates, nurtures and develops content studios to create content for Indian and global audiences, has announced the induction of industry stalwart Bimal Parekh into its Board of Directors.
Portfolio manager to the stars and co-owner of Mumbai City FC along with Bollywood heartthrob Ranbir Kapoor, and also financial advisor for blockbuster hits like Gully Boy, Bajirao Mastani, Andhadhun and Dangal, to name a few, Parekh joins Rainshine Entertainment to further strengthen its board.
Neeraj Bhargava, Chairman & Chief Executive Officer, Rainshine Entertainment, said, “We are excited to have Bimal join us on the Board of Directors of Rainshine Entertainment. His years of experience in investment and business, along with his acumen in handling finances of large-scale Bollywood ventures, lend themselves seamlessly to our vision of expanding and scaling up Rainshine.
“Together we will work towards our vision of bolstering each of our studios, helping them take on bigger and better initiatives, and also spreading Rainshine’s base to international markets. Bimal adds his vast Indian entertainment industry experience and complements our existing group of illustrious non-executive directors, including Arun Sarin, David Johnson, and Michael Montgomery, who, along with him, will guide us on our vision and global initiatives,” Bhargava said.
Bimal Parekh said, “Rainshine’s vision of building a professionally run and scalable content studio is just what the rapidly expanding market needs. Media and entertainment have always been an area of interest for me, and I’m glad I’m associating with an organization that has a sound understanding of the business and the industry at large.
“Rainshine’s vision and way of building its business aligns with my personal vision of the kind of work I would like to be associated with. I look forward to making this partnership fruitful and worthwhile for all of Rainshine’s stakeholders.”
An alumnus of Sydenham College of Commerce and Economics, with more than 35 years’ experience, at present, Parekh also holds board positions in several other entities.