Continued success and career expansion (2015–present)
Akhtar next directed the family comedy-drama Dil Dhadakne Do (2015), which told the story of a dysfunctional Punjabi family. The film stars an ensemble cast, with Anil Kapoor as an egotistical industrialist, Shefali Shah as his bitter socialite-wife, and Priyanka Chopra and Ranveer Singh as their children. The film also features Anushka Sharma and Farhan Akhtar as love interests of Singh and Chopra. The film opened to positive reviews from critics, and emerged as a commercial success at the box-office, grossing ₹1.44 billion (US$18 million) worldwide, ranking as the ninth highest-grossing Hindi film of the year.
The same year, Akhtar, along with Reema Kagti, founded Tiger Baby Films, an Indian film production company.
In 2018, she again teamed up with Kashyap, Banerjee and Johar for the anthology film Lust Stories, the sequel to Bombay Talkies, which premiered on Netflix in June 2018. Her segment in the film, about the sexual relationship between a bachelor (Neil Bhoopalam) and his maid (Bhumi Pednekar), received positive reviews.
In 2019, Akhtar directed the musical drama Gully Boy starring Ranveer Singh and Alia Bhatt in lead roles. The film was loosely based on the lives of Mumbai rappers Naezy and Divine. It received positive reviews from critics upon release, and emerged as a commercial success at the box-office, grossing ₹2.38 billion (US$33.8 million) worldwide, ranking as the ninth highest-grossing Hindi film of the year. At the 65th Filmfare Awards, Gully Boy won a record 13 Filmfare Awards, the most awards for a single film in a year, breaking the previous record of Black (2005) with 11 wins. The film won Akhtar (along with Kagti) the Filmfare Award for Best Screenplay, in addition to her second Filmfare Award for Best Director, thus making her the only female director to win the award twice.
The same year, Akhtar and Kagti created the romantic comedy-drama web series Made in Heaven, alongside Nithya Mehra and Alankrita Srivastava which told the story of two wedding planners in New Delhi. The series, which stars an ensemble cast of Arjun Mathur, Sobhita Dhulipala, Jim Sarbh, Shashank Arora, Kalki Koechlin and Shivani Raghuvanshi in lead roles, was produced by Tiger Baby Films and Excel Entertainment, and premiered on Amazon Prime Video. The first season of the series released in 2019, followed by the second season in 2023, after several delays due to the COVID-19 pandemic in India. The series received widespread critical acclaim, with high praise for its dark take on the Big Fat Indian Wedding.
She was also invited to be a member of the Academy of Motion Picture Arts and Sciences.
In 2020, she reteamed with Kashyap, Banerjee and Johar for the horror anthology film Ghost Stories, the sequel to Lust Stories. Ghost Stories premiered on Netflix on 1 January 2020. Her segment in the film told the story of an ailing bedridden elderly lady (Surekha Sikri) and her nurse (Janhvi Kapoor). Unlike its predecessors, it received mixed-to-negative reviews from critics upon release.
In 2023, she and Kagti co-created the crime thriller web series Dahaad starring Sonakshi Sinha, Gulshan Devaiah, Vijay Varma and Sohum Shah in lead roles. The series premiered on Amazon Prime Video and received positive reviews from critics upon release. It also became the first ever Indian web series to premiere at the 2023 Berlin International Film Festival, where it competed for the Berlinale Series Award.
Akhtar next directed the live-action feature film adaptation of The Archies which released on Netflix on 7 December 2023. The film stars debutants Agastya Nanda, Khushi Kapoor, Suhana Khan, Vedang Raina, Mihir Ahuja, Aditi Saigal and Yuvraj Menda as Archie Andrews, Betty Cooper, Veronica Lodge, Reggie Mantle, Jughead Jones, Ethel Muggs and Dilton Doiley respectively. It opened to negative reviews from critics and audience alike upon release.
She next collaborated with Kagti, Arjun Varain Singh and Yash Sahai on the coming-of-age buddy drama Kho Gaye Hum Kahan, directed by Singh and starring Siddhant Chaturvedi, Ananya Panday, and Adarsh Gourav in lead roles. The film was released on Netflix on 26 December 2023 and received positive reviews from critics upon release.