Reliance's Jio Studios buys 50% stake in award winning Sikhya Entertainment

The ₹150 crore deal brings together Jio Studios and Sikhya Entertainment to scale Indian film content for global markets

Reliance Industries-backed Jio Studios has acquired a 50.1 per cent stake in Sikhya Entertainment Private Limited for ₹150 crore, signalling a move to deepen its presence in creator-led, globally recognised film content.

 

The investment has been made through Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries, via a mix of primary and secondary transactions.

 

Sikhya Entertainment, founded by producers Guneet Monga Kapoor and Achin Jain, is best known for its international recognition. It is the only Indian production house to have won two Academy Awards, for 'Period. End of Sentence.' and 'The Elephant Whisperers'. Its films have also won multiple National Film Awards, including 'Masaan', 'Soorarai Pottru' and 'Kathal'. Other titles from its slate include 'The Lunchbox', 'Pagglait' and 'Kill'.

 

The company has built a reputation for backing independent filmmakers and producing content across languages that has found both critical and commercial audiences.

 

For Jio Studios, the acquisition aligns with its broader strategy of combining scale with content-driven cinema. The studio has backed commercial franchises such as 'Stree', as well as films like 'Laapataa Ladies' and 'Dhurandhar'.

 

Jyoti Deshpande, president of Jio Studios, said the partnership would bring together Sikhya’s creative track record and Jio Studios’ distribution and platform capabilities, with a focus on expanding the reach of Indian films.

 

Sikhya’s founders said the partnership would allow the company to retain creative independence while accessing wider distribution networks and global platforms, and continue working with emerging talent across regions and languages.