ALTBalaji and MobiKwik announce payment wallet integration

~MobiKwik Wallet users to get 25% cashback on ALTBalaji’s subscription~
Chandigarh, March 29, 2017: ALTBalaji, the digital platform of Balalji Telefilms Limited announces partnership withmobile wallet major MobiKwik. The global OTT entertainment platform ALT Balaji, will offer 250 hours of original content and subscribers can now avail 25% cashback while paying for the service using MobiKwik wallet. The partnership will provide an easy payment facility to MobiKwik’s 55 million registered users to enjoy ALTBalaji.

Speaking on the announcement, Nachiket Pantvaidya, CEO of ALT Digital Media Entertainment Limited said,“With a vision to create a better consumer experience, the partnership with MobiKwik will facilitate frictionless connection between our subscribers and ALTBalaji. This convenient payment option will allow our consumers to subscribe to ouroriginal and exclusive content with ease. We are glad that MobiKwik which is a pioneer in the wallets business will opena new consumerbase to our service.”

Bikram Bir Singh, Business Head at MobiKwiksaid, “We are glad to partner with ALTBalaji and extend our digital payment services to their subscribers. This association is in line with our endeavor to make MobiKwik payments ubiquitous.”

MobiKwik also powers payments for the IRCTC serviceand can target the users based on thelong-distance rail tickets that they have purchased, allowing ALTBalaji to offer the service to these customers who are otherwise starved of entertainment or must consume the same content available elsewhere.ALTBalaji, the subscription based digital entertainment platform will be commercially available from mid-April. Created to provide an alternative to mainstream Indian entertainment & TV content, ALTBalaji willbring fresh & interesting stories to audiences in varied genres. The platform will offer original content of 250 hours in the first year of its launch.

ALTBalaji app will be launched with 6 new shows and will be followed with a new show every 15 days for its viewers to binge watch.The content is created by some of the best talent of Indian Entertainment industry including critically acclaimed directors and actors. The long illustrious list of artistscomprises of Nagesh Kukunoor, Juhi Chawla, Nimrat Kaur, Rajkumar Rao, Hansal Mehta, Sakshi Tanwar, Ram Kapoor, Atul Kulkarni, Sameer Soni, Yudhishtar Urs, Dipannita Sharma Atwal, and more.