Varma said “only” an web series can do justice to the kind of material he has collected over two decades.
Varma tweeted on Twitter: “Me and Madhu Mantena team up for a web series ‘D Company’, a chronicle of the Mumbai underworld.
“Starting from rise of Dawood Ibrahim in early 1980’s and initiation of ‘D Company’ — story will be till end of the tremendous gang wars that started post 93 blasts.”
The “Sarkar” director said: “I have been collecting data since nearly 20 years actually from even before I made ‘Satya’ and ‘Company’. Only a web series like ‘D Company can do justice to the kind of material I have with me.”
Varma in 2002 came up with “Company”, a film loosely based on the Indian mafia organisation D-Company, said to be run by the elusive Dawood Ibrahim.
It was the second film in the gangster trilogy, and a sequel to the blockbuster “Satya”.
“Company” starred Mohanlal, Ajay Devgn, Vivek Oberoi, Manisha Koirala, and Antara Mali in pivotal roles.