Namit Malhotra

Namit Malhotra
Born Namit Malhotra
(1976-04-02) 2 April 1976
Alma mater H.R. College of Commerce and Economics, Mumbai
Occupation Founder, Executive Chairman and Global CEO of Prime Focus

Namit Malhotra (born 2 April 1976) is the Founder, Executive Chairman and Global CEO of Prime Focus Limited, world’s largest independent integrated media services company.[1][2][3]

Early life

Namit is the eldest son of Bollywood film producer Naresh Malhotra and grandson of cinematographer M.N. Malhotra. He grew up in Mumbai, India and graduated with a Bachelor’s degree in Commerce from H.R. College of Commerce and Economics, Mumbai.[4][5]

Career

In 1995, he enrolled in a computer graphics school, where he along with three of his teachers from the school started Video Workshop, an editing studio in his father’s garage.[6]

In 1997, Malhotra merged Video Workshop’s business with his father Naresh Malhotra’s Video Works, a film production equipment rental business to create Prime Focus.[7]

And then after listing Prime Focus on the Indian stock exchanges through an Initial Public Offering (IPO), Namit became the first Managing Director and CEO of the newly listed company in 2006.[8]

Later in 2008, Malhotra promoted Prime Focus Technologies (PFT) which was founded in Bangalore by Ramki Sankaranarayanan and Ganesh Sankaran.[9][10]

Using Prime Focus world's proprietary View-D technology, Namit Malhotra set a milestone by converting Clash of the Titans to 3D in 8 weeks. He was then approached for projects such as Star Wars: Episode I, II & III, Harry Potter and the Deathly Hallows: Part 1 & 2, Narnia: The Voyage of the Dawn Treader, Wrath of the Titans, Transformers: Dark of the Moon and Shrek 2.[11]

In October 2011, Malhotra resigned from his role as Managing Director of Prime Focus Limited. In 2012, he secured Standard Chartered Private Equity to invest in Prime Focus and diluted his stake in Prime Focus World to bring on-board Aid Capital Partners and Macquarie Capital Group in 2013.[12]

In June 2014, Malhotra announced the merger of visual effects house Double Negative with Prime Focus World.[13][14] In the following month, July 2014, Reliance Group announced a transaction to merge the film and media services business of Reliance MediaWorks with Prime Focus.[15][16]

Malhotra returned to the board of Prime Focus Limited as Executive Chairman and Global CEO in June 2014.

In March 2015, FICCI honored Namit Malhotra with award for outstanding contribution to Indian AVGC (Animation, Visual Effects, Gaming & Comics) sector.[17]

References

  1. ↑ "Working to create the 'Pixar of India': Namit Malhotra, chairman & founder, Prime Focus.". Economic Times. Retrieved July 15, 2013.
  2. ↑ "Prime Focus Ltd.". Bloomberg Businessweek. Retrieved November 6, 2014.
  3. ↑ "Prime Focus Q1 FY15 Consolidated revenues at Rs 3.5 bn" (PDF). The Hindu Business Line. Retrieved November 14, 2014.
  4. ↑ "Namit Malhotra.". KL Converge. Retrieved November 3, 2014.
  5. ↑ "How Namit Malhotra turned Prime Focus a creative force behind five Oscar nominations for 2012". Economic Times. Retrieved February 19, 2012.
  6. ↑ "51 Most Successful Entrepreneurs of India". Mens XP. Retrieved November 6, 2014.
  7. ↑ "How Prime Focus' Namit Malhotra became a force to reckon with Hollywood". Animation Boss. Retrieved January 14, 2013.
  8. ↑ "Prime Focus CEO Namit Malhotra: Tapping a Strong Global Appetite for Visual Effects". Wharton. Retrieved August 15, 2010.
  9. ↑ "FX Networks signs deal with Prime Focus Technologies". IIFL. Retrieved August 7, 2014.
  10. ↑ "CLEAR Media ERP Suite on the Cloud to Unveil 'Industry First' Features at IBC 2014". Yahoo Finance. Retrieved September 11, 2014.
  11. ↑ "Interview: Prime Focus World's Founder & CEO Namit Malhotra". Pro Box Office. Retrieved June 18, 2013.
  12. ↑ "Interview: The global market is looking at us for consolidation: Namit Malhotra". Business Standard. Retrieved August 30, 2014.
  13. ↑ "Double Negative and Prime Focus World merged, one of the largest visual effects providers". VFX Movies upcoming. Retrieved June 25, 2014.
  14. ↑ "Equity infusion to fund Double Negative merger: Prime Focus". Business Standard. Retrieved July 3, 2014.
  15. ↑ "Equity infusion to fund Double Negative merger: Prime Focus". Major Gainz. Retrieved July 3, 2014.
  16. ↑ "Anil Ambani co merging part of media business with Prime Focus, to pick 30.2% stake". VCCIRCLE. Retrieved July 2, 2014.
  17. ↑ "Namit Malhotra Rajiv Chilaka decorated with special honours at FICCI FRAMES 12th BAF Awards". Animationxpress.com. Retrieved March 25, 2015.
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