Karan Johar’s Dharma Productions has made a significant business move by selling a 50% stake in the company to Adar Poonawalla, the CEO of the Serum Institute of India, for a staggering ₹1,000 crore. This strategic partnership marks a new chapter for one of Bollywood’s most renowned production houses, known for its blockbuster films and influential presence in the industry.

The deal, which is expected to enhance Dharma Productions’ operational capabilities and financial strength, comes at a time when the entertainment sector is evolving rapidly. With the rise of digital platforms and changing audience preferences, the collaboration aims to leverage Poonawalla’s expertise in scaling businesses alongside Johar’s creative vision.

Adar Poonawalla, who has gained prominence for his leadership in the biopharmaceutical sector, particularly during the COVID-19 pandemic, is now venturing into the entertainment space. His investment reflects a growing trend of cross-industry partnerships that seek to merge diverse expertise and resources for greater impact.

Karan Johar expressed enthusiasm about the partnership, stating that the collaboration will allow Dharma Productions to explore new avenues and expand its content offerings. With Poonawalla’s backing, the production house aims to enhance its production quality and diversify its portfolio, potentially venturing into new genres and formats.

This move is significant not just for Dharma Productions, but also for the broader film industry, as it signals a growing interest from business leaders in Bollywood. The collaboration could pave the way for innovative storytelling and creative projects, ultimately benefiting audiences who crave diverse content. Dharma Production was established in 1076 and since then has gone from strength to strength.