Karan Johar Sells Stake in Dharma Productions
November 16, 2024
For the unversed, Karan Johar recently sold 50% stakes in his film company Dharma Productions to Serum Institute of India chief Adar Poonawalla’s Serene Productions for INR1000 crores. Appearing at the Global Leadership Summit this week, Johar revealed that the goal of this partnership was to take Dharma to the next level, where they could […]
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Poonawalla Invests 20B in Dharma Productions
October 21, 2024
Poonawalla will buy the stake through his production company, Serene Productions. This is his first major investment outside the pharma sector since 2021 when he bought a 20% stake in the social media platform Wakau Interactive. “They (Adar and Serum) are trying to fruitfully deploy the large cash pile that the company would have generated […]
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