The 44-year-old Pookutty, the latest celebrity to join the start-up bandwagon, told PTI that he expects the funds to come from long-term investors and not fly-by-night ones.
"I am hopeful of making it (arranging Rs 300 crore over the next three months) and launch the first film, which will be a Bollywood flick. We will also have regional offerings as we move forward," the National Award and Padma Shri recipient Pookutty told PTI.
He also said that if all goes well, he will take Le Penta public within the next five years and pointed to the increasing trend of corporatisation of film production houses in the country as elsewhere.
Pookutty's other partners are Kumar Bhaskar, who was earlier with Reliance Entertainment; Kuldeep Singh Rathore, who earlier worked with Sony and PVR, among others, and is now an independent producer; and commodity trader Girish Raghavan.