Nepean Capital has acquired 50% stake in Dinesh Vijan’s Maddock Films : Bollywood News – Bollywood Hungama

Nepean Capital has acquired 50% stake in Dinesh Vijan’s Maddock Films

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Movie producer Dinesh Vijan whose manufacturing firm Maddock Movies has over time given us hours of leisure is all set to broaden. After growing critically and commercially acclaimed movies similar to Mimi, Stree, Bala, Hindi Medium, Luka Chuppi, Badlapur, Love Aaj Kal, Cocktail, and plenty of others, the manufacturing firm has now acquired an added benefit with Nepean Capital buying 50% stake in Maddock Movies.

Nepean Capital has acquired 50% stake in Dinesh Vijan’s Maddock Films

Talking about the identical Dinesh Vijan says, “These are fascinating occasions for content material firms. I’m happy with the physique of labor Maddock has been in a position to showcase to the world. The Nepean non-public fairness funding offers us the expansion capital to broaden our experience in movies to the digital OTT house and permit us to offer wings to younger story tellers”.

Gautam Trivedi, Co-Founder & Managing Associate, Nepean Capital provides, “We’re excited to have invested in certainly one of India’s main movie manufacturing studios, Maddock Movies. Maddock is a younger and dynamic enterprise that’s recognized for its content material pushed movies delivered on tight budgets. On this period of media convergence and digital explosion, we imagine an funding in a content material firm similar to Maddock will yield robust returns. It’s a mutually synergistic deal and we’ve got immense religion in Dinesh Vijan’s management and execution capabilities”.

As for Nepean Capital, the agency is a Mumbai based mostly fund administration firm that invests in Non-public and Public markets, based by former Goldman Sachs MD, Gautam Trivedi, and the previous Head of GE Non-public Fairness, Anand Trivedi.

Additionally Learn: SCOOP: Dinesh Vijan indicators Tamannaah for Maddock Movies’ subsequent net present

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