Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), has acquired 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL), one of India’s most globally recognized and respected production houses, for a total cash consideration of Rs 150 crore, through a combination of primary and secondary transactions on February 3, 2026. Did it. This acquisition enables Jio Studios, the media and content arm of RIL, to further strengthen its leading position in the media and entertainment sector.
Jio Studios buys 50.1% stake in Oscar winner Sikhya Entertainment
Jio Studios has played a vital role in India’s entertainment ecosystem, connecting audiences globally and supporting films with strong creative and commercial convictions. It has demonstrated a consistent ability to identify defined stories and tailor them for large audiences, producing landmark titles such as the highest-grossing Indian film of all time. Dauntless, missing ladies, and this Woman Franchises are, among other things, emerging as a major force in the country’s growing content economy.
Jio Studios’ collaboration with SEPL to create films and series for audiences in India and across the globe brings together Jio Studios’ scale, reach, focus on building sustainable intellectual property, nurturing a creator-led ecosystem and long-term vision with SEPL’s proven track record of globally resonating, culturally-rooted storytelling.
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has spent the last decade defining what Indian storytelling can achieve on the world stage. Sikhya is the only Indian production house to have won an Academy Award® and multiple National Film Awards, a distinction that underlines its rare global and domestic influence. Its Academy Award® wins include Duration. End of sentence. (Best Documentary Short Subject) and elephant whisperers (Best Documentary Short Film), while its National Film Award winning films include Masan (Hindi), Soorarai Pottru (Tamil) and Kathal (Hindi), with recognition on major Indian and international platforms. Equally central to Sikhya’s identity has been its commitment to discovering and supporting new talent, ranging from debut and early-career filmmakers to emerging writers and performance-driven storytelling, as well as creating defining moments for some of India’s most celebrated actors. Its multilingual slate includes The Lunchbox, Masaan, Pagglait, Kathal And Striketo name a few.
Speaking on 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-standing belief in partnering with creators who combine creative excellence with cultural authenticity. Over the last seven years, Jio Studios has produced some of the most successful box office winners and critically acclaimed movies, from the most recent event to the Has built a strong track record of producing and championing acclaimed films. Dhurandhar, To woman 2 And missing 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 heritage with Jio Studios’ scale, distribution, creative prowess and global ambition, we aim to give Indian stories the platforms and avenues to reach audiences around the world.
Guneet Monga Kapoor and Achin Jain 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 the people who bring these stories to life. Over the past decade, we have collaborated with bold new directors, writers, actors and extraordinary creative teams who continue to push the boundaries of independent cinema with integrity and ambition. For independent makers like us, driven by dreams and the courage to turn those ideas into reality, this journey has been extremely rewarding. Partnering with Jio Studios allows us to take these stories to audiences across the world, while also empowering us to champion emerging talent from across the country. Jyoti Deshpande’s commitment to innovation and her penchant for bold ideas and creative risks is what makes this partnership especially exciting. Celebrating, confident in their voices, and ready to shape the next chapter of cinema.
