The Viral Fever (TVF), a Mumbai-based video on demand and over-the-top streaming service, has raised $2 million in debt funding from venture debt firm BlackSoil.
The company will be using the funds for its working capital requirements on the production of web series and other content for its clients that include both brands and OTT platforms.
TVF also will utilise the funding for the production of new web series and content for brands and OTT platforms like Netflix, Amazon Prime, Sony, etc.
BlackSoil had earlier provided venture debt to TVF in 2019 and is renewing their partnership in 2021.