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Karan Johar's Team Rubbishes FAKE News: He Has Not Invested In Swiggy
After reports claimed that filmmaker Karan Johar has invested in the popular online food ordering and delivery service Swiggy, his team issued a statement denying these claims. "These reports are untrue. Mr. Johar has not invested in Swiggy," they said.
Karan Johar's Team Rubbishes FAKE News: He Has Not Invested In Swiggy
Recently, there were reports suggesting that filmmaker Karan Johar had made an investment in the well-known online food ordering and delivery platform, Swiggy. However, his team released a statement on Tuesday refuting these claims, clarifying that the news is inaccurate.
Karan Johar's Team Rubbishes FAKE News
Kjo's spokesperson said in an official statement: "Certain sections of the media are falsely reporting that Mr. Karan Johar has invested in Swiggy, the online food delivery service. These reports are untrue. Mr. Johar has not invested in Swiggy."
This comes days after reports claimed that many A-list celebrities, including Madhuri Dixit Nene, Amitabh Bachchan and Rahul Dravid, have invested in the IPO of the food delivery platform.
"The interest from sports and entertainment figures in Swiggy's pre-IPO shares points to a broader trend in which high-net-worth individuals are increasingly diversifying their portfolios by investing in tech startups with high growth potential," a source was quoted as saying by Economic Times.
Film Front
Karan is busy with the promotions of his and Alia Bhatt's upcoming film Jigra. The Vasan Bala film, also starring Vedang Raina, releases in theatres on October 11.
Dharma Productions has several other ventures in the pipeline, slated to hit the screens this year.
Recently, reports claimed that the filmmaker is all set to make a grand web show for an OTT platform. Like Sanjay Leela Bhansali's Heeramandi: The Diamond Bazaar, Karan's series will also be a big-budget project with A-list stars. As per reports, the script of the series has already been finalised. The shoot is expected to start next year. This will mark KJo's return to the director's chair after Rocky Aur Rani Kii Prem Kahaani.
However, an official announcement for the project is still awaited.
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