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Frameboxx gets into expansion mode
Founder of Adlabs, Manmohan Shetty, and Chandir Gidwani, promoter of Centrum Capital Ltd., have picked up a majority stake in Frameboxx Animation and Visual Effects, a premier animation training brand. The newly constituted board of Frameboxx will consist of the founders Rajesh Turakhia as its managing director, and Naveen Gupta as the Executive Director and CEO.
Manmohan Shetty said that Frameboxx has a bright future, knowing the track record and passion of its founders and its team, and has decided to invest in Frameboxx so that it can go ahead with its innovative plans and attain the leadership position in their domain in the country, besides unleashing the full potential of their capabilities in grooming the young Indian talent for the much-in-demand careers in animation and visual effects.
"Animation and visual effects is a sunrise field with immense growth potential in the country and skill enhancement through specialised training is the need of the hour.", says Shetty. Frameboxx which was founded in December 2007, has already set up 25 state-of-the-art training centres across the country and another 15 are in the pipeline. The company has a team of highly trained instructors and specially designed curricula that meets the industry requirements, informed Frameboxx managing director Rajesh Turakhia.
Frameboxx also inaugurated its first-of-its-kind incubation facility in Versova, Mumbai, which would provide hands-on experience to the Frameboxx students after completion of their course, to work on live projects. Executive Director Naveen Gupta said that this incubation centre is the first-of-its-kind in the country and has been set up at a cost of Rs.5 crore, and three more would be established very soon, one each in Delhi, Bangalore, and Kolkatta.
Naveen
Gupta
referring
to
the
fresh
dose
of
investment
into
Frameboxx
expressed
confidence
that
they
would
be
able
to
roll
out
their
roadmap
much
more
aggressively
to
be
the
biggest
animation
and
visual
effects
training
facility
in
the
country.
The
company
also
plans
to
add
more
verticals
to
its
portfolio
such
as
online
training
and
DVDs
to
diversify
its
reach
in
the
market
and
to
provide
a
360
degree
animation
&
vfx
training
experience
to
the
bright
and
creative
youth
of
India.
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