Subhash Chandra, the founder of Essel Group, has revealed plans to launch a new company focused on AI and ML-powered digital videos. Chandra also revealed the status of the Group’s debt repayment, which has been a source of contention since 2019. While talking about how far Essel had come in repaying his loan Chandra said ” We have emerged from our financial crisis by clearing 91.2 % of our entire debt with 43 lenders across 110 accounts.”