- Business
- Cressanda Railway Solutions Limited provides railway auxiliary services, digital media solutions, and IT-enabled services in India. The company operates through Trading and Services segments, offering transit display advertising; railway concierge services including personalized support; onboard Wi-Fi, entertainment, shopping, and advertisements; broadcast management and audio-visual content syndication; content licensing, movie syndication, diaspora marketing, and film production services; trading in food grains; operation of FIRNG, an OTT platform featuring international movies dubbed in Hindi; development of water supply infrastructure projects; renewable energy initiatives; and supply of mobile vans. It serves railways, wholesalers, distributors, government institutions, consumers, and allied companies primarily in India, with headquarters in Mumbai and incorporation in 1983. Formerly known as Cressanda Solutions Limited, the company changed its name to Cressanda Railway Solutions Limited in December 2023; it completed the acquisition of a 51% stake in Mastermind Advertising Pvt Ltd to bolster its OTT segment presence, entered into a share purchase agreement for a majority stake in SYN Developers for a West Bengal water supply project under the Jal Jeevan Mission, and formed a joint venture with Recall in West Bengal; it also issued rights shares in 2023 and received funding of INR 142.6 million in 2022.