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Famous filmmaker Karan Johar has sold a 50% stake in his production house, Dharma Productions, to Serum Institute's Adar Poonawala for Rs 1000 crore
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During discussions about the deal, Karan Johar expressed feeling overwhelmed and confused by the business jargon and financial terms used, highlighting his creative background
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The deal was humorously discussed with filmmaker Siddharth Roy Kapur, who suggested that both parties might have different views on whether the price was too high or too low
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Karan Johar admitted that he was surprised to learn about his own value in the deal and found the entire process shocking and challenging
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He shared that the deal was largely finalized over a Zoom call, with Adar Poonawala displaying impressive dynamism and decisiveness
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The partnership with Serum Institute aims to elevate Dharma Productions, allowing them to finance projects independently without needing external funding
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Karan Johar highlighted the efficiency of the process, noting that the discussions spanned over a year and a half before being finalized
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