Nepean Capital acquires 50% stake in Maddock Films

New Delhi: 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.

Gautam Trivedi, co-founder and managing partner, Nepean Capital called Maddock a young and dynamic enterprise that is known for its content driven films delivered on tight budgets. “In this era of media convergence and digital explosion, we believe an investment in a content company such as Maddock will yield strong returns. It is a…


ALSO READ   Sequoia-backed Wakefit posts 50% jump in revenue in FY22

Leave a Comment