Raakaasa, the fantasy-comedy starring Sangeeth Shobhan, is set to premiere on Netflix from May 1, 2026. Directed by Manasa Sharma, the film blends supernatural horror with comedy, telling the story of an NRI who returns to his village after a decade and unwittingly awakens an ancient evil while pursuing romance.
About the Film
Raakaasa begins as a lighthearted romantic comedy but gradually shifts into a tense survival drama as the supernatural threat intensifies. The film features Sangeeth Shobhan and Nayan Sarika in lead roles, with strong supporting performances from Vennela Kishore and Ashish Vidyarthi. Manasa Sharma’s directorial debut leans into darker, atmospheric storytelling while maintaining comedic elements that worked well with audiences.
Theatrical Performance
Despite its modest scale, Raakaasa delivered a decent theatrical run after releasing on April 3, collecting around ₹20 crore gross worldwide. The film opened alongside Sharwanand’s Biker and performed competitively at the box office, particularly among audiences seeking fresh genre content in Telugu cinema.
Netflix Release Strategy
The Raakaasa Netflix release on May 1 arrives strategically on a Friday, tapping into weekend viewing habits. For audiences who missed the theatrical run, the OTT platform offers broader accessibility. Netflix has been actively expanding its Telugu content library, making Raakaasa part of a growing lineup of regional films on the platform.
Sequel Plans
Interestingly, the makers have already announced plans for a sequel, making the OTT reception particularly important. With Part 2 in development, the film’s performance on Netflix could play a crucial role in building momentum and generating buzz. A strong digital response would not only validate the sequel but also help Raakaasa establish itself as a potential franchise in the Telugu fantasy space.