Reliance Strategic Business Ventures, a wholly owned subsidiary of Reliance Industries, has acquired a 50.1% equity stake in Sikhya Entertainment through a combination of primary and secondary transactions for an aggregate cash consideration of Rs 150 crore. The transaction was completed on February 2, 2026. The acquisition strengthens Jio Studios’ presence in the media and entertainment sector.
Jio Studios has been involved in backing films across theatrical and digital platforms, producing titles such as Dhurandhar, Laapataa Ladies and the Stree franchise. The company has focused on building content with both commercial reach and audience relevance, contributing to its position within India’s content ecosystem.
The collaboration between Jio Studios and Sikhya Entertainment will focus on co-creating films and series for audiences in India and overseas. The partnership combines Jio Studios’ distribution scale and long-term content strategy with Sikhya Entertainment’s experience in developing culturally rooted stories with global appeal.
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has received international and domestic recognition over the past decade. The production house has won Academy Awards for Period. End of Sentence. and The Elephant Whisperers, along with National Film Awards for films including Masaan, Soorarai Pottru and Kathal. Its filmography includes titles such as The Lunchbox, Pagglait and Kill, spanning multiple languages and formats.
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.”
Guneet Monga Kapoor and Achin Jain, 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.”
