Stage is an OTT platform offering content in local dialects, aiming to connect people across India

Founded in 2019, Stage has provided employment to over 1000 local artists

They had 1.30 lakh paid subscribers and a subscription fee of ₹400 annually at the time of pitching

Planning to launch content in an additional 20 languages in the next 5 years

Original content production costs around ₹20 lakh per web series or movie

The company received its initial investment of ₹10 crore in 2020 at a valuation of ₹65 crores

Monthly revenue stands at ₹25 lakh, with a customer acquisition cost of ₹270 and a burn rate of ₹1.1 crores

Vineeta and Anupam opted out of the investment due to high valuation and unclear impact

Aman Gupta, Namita Thapar, and Peyush Bansal offered ₹1.5 crores for 0.6% equity along with ₹1.5 crores in debt at an 18% interest rate, which was accepted by the company