US-based media firm TalentTrove plans to launch an entertainment television channel in India, besides setting up a production house at an investment of $30 million by 2011.

TalentTrove offers an online platform to people for showcasing their talent, which the company distributes through the internet.

While $15 million will be funded through internal accruals, the rest would be raised from external instruments, he added, without specifying details.

The company, which will open its office in Mumbai next month, is looking at starting its channel in the next one year along with a film production house.

"We will offer the people who post their videos, audios, texts (written pieces) and images on the website a chance to showcase their talent through our channel and the films we produce," he said.

The company is in discussion to provide content to television channels, he added.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Nifty ends above 5,500 - FIIs net buyers of Rs 1,839 cr in cash mkt today - UPDATE: SC rejects Essar, Loop's trial court summon pleas - Govt orders Coal India to sign 20-year supply deals - Move forward on bilateral trade relations: India asks Pak

Tags : TalentTrove | TV channel | media firm | Jatinder Singh   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Save over Rs.3000 with IndianOil Citibank Card -  We live for our family. have you secured them? -  India's No. 1 Property Site. Click here to know more.. -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Medium-sized businesses are the engines of a smarter planet. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...