Reliance Industries Limited (RIL), through its wholly owned subsidiary Reliance Strategic Business Ventures Limited (RSBVL), has acquired a majority stake in Sikhya Entertainment, marking a notable consolidation move in India’s media and entertainment sector. The deal involves the purchase of a 50.1% equity stake for a total cash consideration of ₹150 crore, executed through a combination of primary and secondary investments.
This acquisition further strengthens the position of Jio Studios, the media and content arm of RIL, as it continues to expand its presence across film, digital content, and global storytelling. With this investment, Jio Studios aims to scale high-quality Indian content and accelerate its reach to international audiences, aligning with its long-term vision of building a globally competitive content ecosystem.
Founded by acclaimed producers Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has earned a distinctive place in the global media landscape. The company is the only Indian production house to have won both an Academy Award and multiple National Film Awards. Its Oscar-winning projects include Period. End of Sentence. and The Elephant Whisperers, while its National Film Award-winning films feature critically acclaimed titles such as Masaan, Soorarai Pottru, and Kathal.
The partnership is expected to combine Sikhya Entertainment’s strong creative legacy with Jio Studios’ scale, capital, and distribution capabilities. Through this collaboration, the two companies will co-create films and series for audiences in India and across the world, bringing together Jio Studios’ focus on building enduring intellectual property, nurturing creator-led ecosystems, and long-term vision with Sikhya’s proven track record of globally resonant, culturally rooted storytelling.
Jio Studios has been a major contributor to India’s entertainment ecosystem, connecting audiences globally and backing films with both creative and commercial conviction. Over the years, it has consistently identified defining stories and built them for wide audiences, producing landmark titles such as Dhurandhar, Laapataa Ladies, and the Stree franchise, emerging as a key player in India’s evolving content economy.
Sikhya Entertainment has, over the past decade, redefined Indian storytelling on the world stage. Beyond its award-winning films, the production house has remained committed to discovering and championing new talent, including debut and early-career filmmakers, emerging writers, and performance-driven storytellers. Sikhya’s multilingual slate includes films such as The Lunchbox, Masaan, Pagglait, Kathal, and Kill, among others.
Speaking about the partnership, Jyoti Deshpande, President, Jio Studios (Media and Content Business, RIL), said, “Sikhya Entertainment has consistently delivered stories that are deeply Indian yet resonate globally. This association reflects our long-term belief in partnering with creators who combine creative excellence with cultural authenticity. Over the last seven years, Jio Studios has built a strong track record of producing and championing some of the most successful box office winners and critically acclaimed films alike, from the most recent phenomenon Dhurandhar to Stree 2 and Laapataa Ladies which went all the way to the Oscars.
I have known Guneet for a very long time and really admire her fire and tenacity. We are delighted to partner with Guneet, Achin and the Sikhya Entertainment team and by combining their distinctive storytelling legacy with Jio Studios’ scale, distribution, creative prowess and global ambition, we aim to give Indian stories the platform and pathways to reach audiences around the world.”
Guneet Monga Kapoor and Achin Jain, founders of Sikhya Entertainment, shared, “We have always believed that stories have the power to connect people across cultures, geographies, and languages. At the heart of Sikhya’s work is a deep belief in storytelling and in the people who bring these stories to life. Over the past decade, we have collaborated with bold new directors, writers, actors, and exceptional creative teams who continue to push the boundaries of independent cinema with honesty and ambition.
For independent producers like us, driven by dreams and the audacity to turn those ideas into reality, this journey has been deeply rewarding. Partnering with Jio Studios allows us to take these stories to audiences around the world, while empowering us to champion emerging talent from across the country, where stories exist in every fabric and every thread. Jyoti Deshpande’s commitment to innovation and her instinct for bold ideas and creative risk make this partnership especially exciting. Together, we celebrate a Rising India, confident in its voice, unapologetic in its stories, and ready to shape the next chapter of cinema.”
, through its wholly owned subsidiary Reliance Strategic Business Ventures Limited (RSBVL), has acquired...){kind=link}