Universal Studios has acquired a minority stake in Excel Entertainment, the Mumbai-based production company founded by Farhan Akhtar and Ritesh Sidhwani, in a move that could expand the reach and scale of Indian film projects on the global stage. The deal, reported by Mid-Day, leaves control with the Indian banner while bringing Universal’s resources and international distribution expertise to bear.
Universal Studios invests in Excel Entertainment
Insiders say the investment is intended to help Excel mount bigger productions and bring “big ideas” to life with a broader global audience. While the exact financial terms have not been disclosed, the arrangement is described as a minority acquisition that preserves Excel’s creative leadership while enabling co-productions and improved access to international markets.
The partnership comes as Excel seeks a strategic reset. The company’s 2025 slate included films such as 120 Bahadur, Ground Zero and Superboys of Malegaon, alongside the digital release Songs of Paradise. Several titles earned critical praise but did not translate into major box-office success, prompting producers to explore partnerships that can deliver both scale and distribution muscle.
For Akhtar and Sidhwani, whose banner has a track record that includes influential films such as Dil Chahta Hai and Don as well as high-profile web series including Inside Edge and Mirzapur, the tie-up with Universal offers a way to blend Indian narratives with international production values and distribution channels. Industry sources say the collaboration may open doors to co-productions, talent exchanges and possible placement on major streaming platforms outside India.
Major global studios have been increasingly active in the Indian market. The report follows earlier high-profile deals such as Adar Poonawalla’s stake in Dharma Productions, which illustrated growing international appetite for stakes in India’s creative houses. For Hollywood studios, partnerships with established local producers reduce market entry risk and bring proven creative teams to larger projects.
The commercial rationale is straightforward. India remains one of the world’s largest film markets by ticket sales and has a growing streamer ecosystem. At the same time, Indian studios have sought partners that can assist with financing, international marketing and distribution. A minority investment model allows local companies to retain creative autonomy while tapping global resources to elevate production scale.
Analysts say the deal could benefit both sides. Universal gains a platform to source culturally rooted content with broad appeal, while Excel receives capital and distribution heft to support larger budgets and wider releases. The partnership could also spur further investment from other international players looking to collaborate with Indian talent and producers.
There are risks. International collaborations require careful alignment on creative vision, revenue sharing and release strategies. Success will depend on selecting projects that balance domestic appeal with international accessibility, and on execution across production and marketing channels.
For now, the Universal-Excel alliance is a clear sign that global studios consider Indian entertainment an attractive long-term opportunity. As Excel moves forward with its pipeline, stakeholders will be watching whether the partnership yields box-office rewards as well as expanded cultural reach.
Key Takeaways:
- Universal Studios acquires a minority stake in Excel Entertainment, signalling a push to scale Indian productions.
- Deal aims to fund larger-budget projects and expand global distribution of Indian stories.
- Excel’s 2025 slate and mixed box-office returns prompted strategic partnership for broader reach.

















