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FastFilmz launches HD movies app on Google Play
MUMBAI: Fastfilmz, a start-up founded by Dominic Charles and Karam Malhotra, has launched a high-definition movies app on Google Play.
The founders claim the app to be the world’s fastest video app powered by the world’s fastest video compression technology: V- Nova’s PERSEUSTM.
The app is a dedicated regional movies source with over 150 HD Tamil movies.
Fastfilmsz is charging users Rs 30 a month for unlimited downloads. In addition to app, users need to pay subscription fee of Rs 10 per week.
Fastfilmz has tied up with Aircel, Airtel, Vodafone and Idea in Tamil Nadu.
“While conducting our market study, we saw that the consumption of regional cinema in India is as large as Bollywood. But there is not one single service dedicated to this devoted audience. We are launching with the best catalogue of recent and classic Tamil movies featuring all the top heroes and we will be adding 5-10 more titles every week. Meanwhile, we will also be adding some of the best Telugu movies to the app by the end of this year,” said co-CEO & co-founder Dominic Charles.
Fastfilmz has exclusively partnered with V-Nova for its PERSEUS™ Technology to solve the issues of high data costs for downloads and buffering when streaming.
V-Nova’s PERSEUSTM allows fastfilmz to provide full movie downloads at as low as 150 mb data per 2.5-hours movie versus >600 mb data usage by any other app.
V-Nova Ltd is a London-headquartered software company providing advanced video compression technology and software solutions. The technology also enables streaming of quality video over the 2G networks that 70% of India’s consumers use for Internet access.
“We noticed that small-town, regional consumers didn’t have access to fast networks and affordable data to watch movies on their smartphones at ease. We decided to create fastfilmz to bridge this gap. By partnering with V-Nova exclusively, we have rights to use their world-class video compression technology PERSEUS™, which enables us to provide HD quality movies to our users at affordable data costs. Moreover, the technology has helped us increase our potential customer base by 4x, from a possible 30 million customers using 3G to over 120 million customers using 2G and 3G,” said Malhotra.
The company has been funded by multiple angel investors from the USA and Europe. It has offices in Bengaluru and London.