Reliance’s Jio Studios Acquires 50.1% Stake in Sikhya Entertainment

Reliance Strategic Business Ventures (RSBVL), a wholly owned subsidiary of Reliance Industries, has acquired a 50.1% stake in Sikhya Entertainment for ₹150 crore, marking a strategic entry into high-quality, globally resonant content production. The deal, completed on February 2, brings one of India’s most acclaimed independent studios under the Jio Studios umbrella. Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment is the only Indian production house to win both an Academy Award and multiple National Film Awards. Known for films like Period. End of Sentence. and The Elephant Whisperers, it has championed culturally rooted, creator-led storytelling. With this partnership, Jio Studios aims to co-create films and series that combine Sikhya’s creative excellence with Reliance’s scale, distribution, and global reach. The move strengthens RIL’s media ambitions and supports its vision of building a world-class content ecosystem from India. As stated by Jyoti Deshpande, President of Jio Studios, the collaboration underscores a commitment to empowering creators and taking Indian stories to the world. For Sikhya, the deal offers infrastructure and scalability while retaining its creative independence — a significant milestone for India’s indie film industry.