Bollywood goes corporate: Karan Johar explains the business logic behind Dharma’s 50% stake sale to Adar Poonawalla

In 2024, Karan Johar’s Dharma Productions sold a 50% equity stake to Adar Poonawalla for ₹1,000 crore, underscoring a structural shift in India’s film industry toward institutional capital and long-term strategic partnerships.