India’s Pritish Nandy Communications Limited has joined hands with UK-based, DQ Entertainment International, one of the world’s leading animation, game art and film production companies.

Under the deal, both companies will jointly develop and produce six movies in the next 3 to 4 years time within a budget of USD 45 million. These films will be in animation & live action and each project will be separately announced once the global co-production budgets are agreed.

This is Pritish Nandy’s second investment in the animation space. Earlier, it had committed Rs 100 crore investments and tied up with Motion Pixel to develop several projects.

DQ Entertainment, Academy award winner and London listed Company, is a leading producer of animation and VFX for global TV series, feature films, DTH videos including online, mobile and next-gen console game art and in-game animation. The company has won many award nominations and been recognized for its technological and creative excellence, corporate governance and growth by Red Herring Asia 100, Deloitte Technology Fast50 and Deloitte Fast500 Asia Pacific.