Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), has acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL), one of India’s most globally acclaimed production houses. The transaction, completed on February 3, 2026, involves a combination of primary and secondary investments for an aggregate cash consideration of ₹150 crore.
The acquisition marks a strategic move by Jio Studios, the media and content arm of RIL, to deepen its content play and further consolidate its position as a leading force in India’s rapidly evolving media and entertainment ecosystem.
Over the years, Jio Studios has emerged as a key enabler of large-scale, culturally resonant storytelling, producing landmark titles such as the highest-grossing Indian film Dhurandhar, Laapataa Ladies, and the Stree franchise. Its focus on identifying defining stories and building enduring intellectual property has helped connect Indian narratives with audiences worldwide.
The partnership with Sikhya Entertainment brings together Jio Studios’ scale, distribution strength, and long-term vision with Sikhya’s globally recognised, creator-led storytelling. The collaboration will focus on co-creating films and series for audiences in India and international markets, reinforcing a shared ambition to take Indian stories to the world.
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has redefined the global potential of Indian storytelling over the past decade. It is the only Indian production house to have won both an Academy Award® and multiple National Film Awards. Its Oscar® wins include Period. End of Sentence. (Best Documentary Short Subject) and The Elephant Whisperers (Best Documentary Short Film). Sikhya’s National Film Award-winning films include Masaan (Hindi), Soorarai Pottru (Tamil), and Kathal (Hindi), alongside wide recognition across major Indian and international platforms. Its diverse, multilingual slate includes titles such as The Lunchbox, Masaan, Pagglait, Kathal and Kill.
Speaking on the partnership, Jyoti Deshpande, President – Jio Studios (Media & 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.”
Commenting on the collaboration, Guneet Monga Kapoor and Achin Jain of Sikhya Entertainment said, “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.”
