Filmmaker Ram Gopal Varma will make a web series based on the Mumbai underworld. It is said to be loosely based on the life of celebrated fugitive mafia don Dawood Ibrahim.

“I have gathered a large amount of research material on the subject over the last two decades, and only a web series can do justice to it,” Varma said to The Hindu.

Varma also made critically-acclaimed movie “Company” in 2002, which was also based on the life of Ibrahim. It featured Ajay Devgn, Vivek Oberoi and Urmila Matondkar.