Global natural resources and technology conglomerate, Vedanta Group, with operations spanning India, South Africa, Liberia, and Namibia, is poised to make a surprising move into the realm of animation and entertainment. Animation Xpress has uncovered this intriguing development through a recent ‘job listing’ post on their LinkedIn account.
While Vedanta has not provided a formal statement regarding this shift in focus, we have reached out to their representative for clarification.
The post states that Vedanta is in search of a chief executive officer for their Animation and Entertainment venture. “We are seeking an experienced and visionary CEO to set up a team and a new business in the animation and entertainment industry. The ideal candidate will have a passion for storytelling, a deep understanding of the animation industry, and a proven track record of leadership and innovation for scale and revenue growth.”
The post further shares details about the CEO’s role where they will have to develop and implement Strategic Plan, develop a team in alignment with industry standards, create high-quality content, ensure long-term financial sustainability and identify new business opportunities for the company.
Today, 16 May, the Anil Agarwal-led company said that its board has approved a fundraising of up to Rs 8,500 crore. Currently, the group is a uniquely diversified company across the natural resources spectrum with interests in oil & gas, zinc-lead-silver, aluminium, iron ore, steel, copper, ferro alloys, power, nickel, semiconductor and glass.
Vedanta Group’s upcoming venture in animation and entertainment will be another feather added to their hats and it would be interesting to know further developments on it.
