Nepean Capital, a Mumbai-based fund management firm that invests in private and public markets, has acquired 50% stake in Dinesh Vijan-led Maddock Films known for Stree, Hindi Medium, Roohi and other titles. The companies did not share the size of the deal.
“These are fascinating times for content companies. I am proud of the body of work Maddock has been able to showcase to the world. The Nepean private equity investment gives us the growth capital to expand our expertise in films to the digital OTT space and allow us to give wings to young storytellers,” Vijan said in a statement.