The collaboration is likely to focus on content for OTT platforms, reflecting the sector’s rapid growth and the need to alleviate financial pressures, say experts

Adar Poonawalla's Serene Productions takes 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment.

Karan Johar's 'Koffee with Karan' make Dharma Productions is selling a 50% stake to Adar Poonawalla's Serene Productions for around $120M.

Yesterday was witness to the corporate avatar of Dharma Productions as healthcare tycoon Adar Poonawalla wrote Karan Johar a Rs 1000 crore cheque for a 50 per cent stake in the company. While Rs 1000 crore is a significant investment,

Adar Poonawalla is making headlines for acquiring 50&#37 share of Karan Johar`s Dharma Productions. Considering Adar now owns 50&#37 of Dharma Productions, he is the co-owner of Karan Johar`s production house.

Adar Poonawalla is acquiring a 50% stake in Karan Johar's Dharma Production and Dharmatic Entertainment for Rs 1,000 crore, valuing the company at Rs 2000 crore, according to a report. Johar retains creative control,

Karan Johar sells a stake in Dharma Productions to Adar Poonawalla, CEO of Serum Institute, marking a new chapter for the iconic film studio.

Sukesh Chandrashekhar said he was interested in buying controlling shares in Karan Johar's Dharma Production' and called it a 'no-negotiation' offer.'

Adar Poonawalla-led Serene Productions will buy a 50% stake in filmmaker Karan Johar's Dharma Productions for 10 billion rupees ($119 million), the latter said on Monday. ($1 = 84.0640 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru;