The Company was incorporated as ‘Silly Monks Entertainment Private Limited’ on September 20, 2013 under the Companies Act, 1956 with the Registrar of Companies, Hyderabad. The status of the Company was changed to a public limited company and the name of Company was changed to ‘Silly Monks Entertainment Limited’ by a special resolution passed on May 15, 2017. A fresh Certificate of Incorporation consequent upon conversion was issued on May 24, 2017 by the Registrar of Companies, Hyderabad.

They are a ‘South India’ based entertainment & media startup with a focus of being a recognized & fast growing player in areas such as digital media publishing, movie/content production, celebrities social media management, App development,  Audio content Distribution, Google Ad word and online / digital Advertising, event management, and live band performances. 

Business area of the Company

Their main focus currently is Digital Media Publishing. They publish their content on various platforms such as YouTube, Facebook, Amazon, Vuclip etc. The contents that are being published over these platforms are either created by them i.e. by their in-house production or acquired through outright purchase or through syndicated method. In case of content which is bought by them, they own the copy rights of the content through an agreement with assignor and hence the publishing revenue is fully accrued to them. When the content is through syndication, they share the revenue with the content partner.  

Major Events and Milestones:

• September 2013: Incorporated under Companies Act, 1956 as Silly Monks Entertainment Pvt. Ltd.
• September 2013: Started the first office with 1,020 sq. ft. office at G-2, Namitha Nest, 1-89/A/16, Kavuri Hills, Madhapur, Hyderabad – 500 081.
• September 2013: On boarded 1st Celebrity – ‘Nandamuri Balakrishna’ to manage his Facebook, Twitter, YouTube Channel.
• October 2013: Signed up an agreement with Arka Media (Producers of Baahubali) to monetize its Audio- Video exclusively on Internet & Mobile worldwide.
• November 2013: Signed up an agreement with VuClip for content deployment.
• December 2013: Signed an agreement with Google Adwords for SME Partnership.
• December 2013: Moved to a 2,970 sq. ft. Office at Flat No 1 & 2, First Floor, Ektha Serene, Plot No 103 & 104, HIG – B, Gachibowli Housing Board Colony, Gaichibowli, Hyderabad - 500 084.
• December 2013: Generated USD 100 revenue from YouTube.
• June 2014: Generated $10,000 revenue from YouTube.
• June 2014: Co-Produced for ‘Oohalu Gusagusa Laade’ movie with Vaaraahi Chalana Chitram.
• July 2014: Received angel Investment from Vaaraahi Chalana Chitram.
• September 2014: Generated $20,000 revenue from YouTube.
• October 2014: Co-Produced for ‘Dikkulu Choodaku Ramayya’ movie with Vaaraahi Chalana Chitram.
• November 2014: Received Startup of the Year Award from Silicon India Magazine.
• December 2014: Recorded 20 Million views a Month on YouTube.
• December 2014: Started Event Vertical (Event Monks Entertainment LLP) with 33.00% stake.
• December 2014: Generated $ 47,000 revenue from YouTube.
• March 2015: Acquired 100% shares of Dream Boat Entertainment Pte Ltd, making it their wholly owned subsidiary.
• April 2015: Started Music Vertical (Monkstar Music LLP) with 67.00% stake, making it their subsidiary. April 2015: Got Promoted from YouTube Premium Partner to Enterprise Partner (MCN).
• September 2015: Acquired 1st Audio Rights (Guntur Talkies Movie songs).
• September 2015: Signed up as an Advertising Network Partner with Yahoo.
• December 2015: Recorded 50 Million views a Month on YouTube MCN.
• December 2015: Generated $ 61,000 revenue from YouTube.
• March 2016: Signed a deal to supply of content with Yupp TV.
• July 2016: Started Cochin sale point through their representative.
• August 2016: Moved into a 5,667 sq. ft. office at 301, Ektha Pearl, 2-17-89, B P Raju Marg, Kothaguda, Kondapur, Hyderabad- 500 084.
• October 2016: Signed a deal to supply of content with Saavn Music App.
• October 2016: Generated $120,000 revenue from YouTube.
• November 2016: Signed a deal for content deployment with Amazon Prime Video.
• November 2016: Signed a deal for content deployment with Gaana Music App.
• December 2016: Signed a deal for content deployment with Spuul, Singapore.
• December 2016: Recorded 200 Million views a Month on YouTube MCN.
• April 2017: Recorded 275 Million views a Month on YouTube MCN
• April 2017:  Launched Silmo OTT App.
• April 2017: Received ‘Business Excellence Startup Award 2017 - Startup Category’.
• May 2017: Launched their own Studio for content creators.
• October 2017: Silly Monks MCN network on YouTube achieved 1 billion minutes watch time for the first time since inception.