Reliance Industries Limited (RIL) announced on Tuesday that its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL), has acquired a 50.1% equity stake in Sikhya Entertainment Private Limited for ₹150 crore. The transaction, completed on February 2, 2026, involved both primary and secondary share transfers. The acquisition is aimed at strengthening Jio Studios’ position in India’s rapidly expanding media and entertainment sector.
Partnership to Bolster Content and Global Reach
The deal will enable Jio Studios, RIL’s media and content arm, to consolidate its presence by joining forces with one of India’s most acclaimed production houses. Sikhya Entertainment is notable for being the only Indian production company to have won both an Academy Award® and multiple National Film Awards, giving the studio strong global credibility.
Combining Scale with Creative Excellence
Jio Studios has established itself as a key player in India’s content economy, producing films that combine creative merit with commercial success. Its portfolio includes titles like Dhurandhar, Laapataa Ladies, and the Stree franchise. Under this partnership, Jio Studios and Sikhya Entertainment will co-create films and series for both domestic and international audiences, leveraging Jio Studios’ distribution reach and scale alongside Sikhya’s expertise in culturally rooted storytelling with global resonance.
Sikhya Entertainment’s Track Record
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has earned an international reputation over the past decade. Its Academy Award-winning films include Period. End of Sentence. and The Elephant Whisperers, while National Film Award winners include Masaan (Hindi), Soorarai Pottru (Tamil), and Kathal (Hindi). The company’s multilingual slate also features acclaimed titles like The Lunchbox, Pagglait, and Kill.
Leadership Voices on the Collaboration
Jyoti Deshpande, President of Jio Studios, said, “Sikhya Entertainment consistently delivers stories that are deeply Indian yet resonate globally. This partnership reflects our long-term belief in collaborating with creators who combine creative excellence with cultural authenticity.” She emphasized that joining forces with Guneet and Achin will allow Indian stories to reach a wider international audience.
Guneet Monga Kapoor and Achin Jain highlighted that the partnership will help scale Sikhya’s storytelling ambitions globally. “We believe stories can connect people across cultures, geographies, and languages. Partnering with Jio Studios allows us to reach audiences worldwide while supporting emerging talent across India,” they said.They added that the collaboration celebrates a Rising India, confident in its voice, unapologetic in its stories, and ready to shape the next chapter of cinema, combining Sikhya’s bold independent approach with Jio Studios’ scale and creative resources.
