Stan Lee in Discussions for His First Bollywood Film

The legendary 'Spiderman' creator is developing a film version of his Indian superhero character 'Chakra the Invincible'

Stan Lee is going Bollywood. After launching Chakra the Invincible — his first Indian superhero comic character — back in 2011 as exclusively reported by The Hollywood Reporter, the legendary creator is now developing a film version of the property.

Lee and his producing partners, Gill Champion from POW! Entertainment and Graphic India CEO Sharad Devarajan have been meeting with leading Bollywood directors, producers and writers to adapt Chakra as a Bollywood live action film.

The original comics revolved around an Indian teenager, Raju Rai, a technology genius living in Mumbai. Determined to use science to unlock the secrets of human potential, Raju develops a technically enhanced suit that activates the mystical chakras of the body, unleashing newfound abilities and powers.

Read more Jeremy Renner Teases a 'Hawkeye' Movie: I "Always Have Been Interested"

The film is being developed with a grown-up version of the Chakra character tackling his arch-enemy, Boss Yama. Lee also revealed the first set of concept images of Chakra's new version via social media.

Without revealing any names as to what kind of Bollywood talent has been approached for the project, Lee said in a statement, "We've set up some great meetings already with some of the most amazingly talented actors and directors in Indian cinema, and I have no doubt that these individuals will help make the Chakra film a massive hit in India and around the globe."

The project is aiming to start detailed preproduction by the first quarter of 2015 and go into production by the end of next year or early 2016 .

Last year, Chakra the Invincible was launched as a kids' animated franchise, which aired on Cartoon Network India. A digital mobile series debuted on Rovio's ToonsTV through the Angry Birds game.