Mumbai: Stone Sapphire India Pvt. Ltd. has announced a strategic investment in The Hierophant Entertainment and entered into a worldwide distribution partnership to expand the Legends of the Ramayan collectibles franchise across global markets.
The investment comes amid renewed interest in the Ramayan, fuelled by the upcoming release of a major cinematic adaptation of the epic. The companies aim to capitalise on the growing demand for theology-inspired merchandise, collectibles and storytelling among collectors, enthusiasts and younger audiences.
Under the partnership, Stone Sapphire will leverage its expertise in manufacturing, licensing, retail and global distribution to scale Legends of the Ramayan, a franchise featuring premium action figures and comic books inspired by India’s epic. The collaboration is also aimed at building an Indian-origin intellectual property with international appeal.
Commenting on the investment, Shobhit Singh, Managing Director and Chief Executive Officer, Stone Sapphire India Pvt. Ltd., said, “Indian theology has always been one of our greatest cultural treasures, and today we’re seeing audiences engage with these stories in newer and more immersive ways. The growing excitement around theology-inspired entertainment reinforces the opportunity for Indian intellectual properties to reach global audiences. Through Legends of the Ramayan, we are proud to support a franchise that presents these iconic characters with world-class design, authentic storytelling and premium collectibles. As interest in the Ramayan continues to grow across films and popular culture, we believe this is the right time to showcase Indian-origin intellectual properties that can resonate with collectors and audiences around the world.”
Created by Soumya Das, Founder of The Hierophant Entertainment, Legends of the Ramayan reimagines characters from the Ramayan through an original comic-book universe and a range of premium collector-focused action figures. The franchise blends Indian theology with contemporary storytelling and product design, targeting both domestic and international markets.
Speaking on the partnership, Soumya Das, Founder, The Hierophant Entertainment, said, “The vision behind Legends of the Ramayan has always been to present Indian theology with the same level of quality, depth and collector appeal seen in leading global franchises. With Stone Sapphire’s support, we look forward to bringing this universe to a much wider audience while staying true to its cultural roots.”
Stone Sapphire said the partnership reflects its broader strategy of supporting Indian-origin intellectual properties with global commercial potential. As interest in mythology-inspired content expands across cinema, publishing, gaming and merchandise, the company aims to position Legends of the Ramayan as a globally recognised collectibles franchise celebrating India’s storytelling heritage.
