Reliance Industries Limited has strengthened its presence in India’s media and entertainment sector with Jio Studios acquiring a majority stake in Sikhya Entertainment Private Limited. The deal, completed on February 2, 2026, involves a 50.1% equity acquisition for a total cash consideration of ₹150 crore. The transaction was carried out through a mix of primary and secondary investments by Reliance Strategic Business Ventures Limited, a wholly owned subsidiary of RIL. Reliance said the acquisition will help Jio Studios deepen its content portfolio by partnering with one of India’s most globally recognized production houses.
Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment is the only Indian production company to have won both an Academy Award and multiple National Film Awards. Its acclaimed projects include The Elephant Whisperers, Period. End of Sentence., Massan, Soorarai Pottru and Kathal.
The partnership will focus on co-creating films and series for Indian and global audiences, combining Jio Studios’ scale and distribution strength with Sikhya’s culturally rooted storytelling. Both companies said the collaboration aims to take Indian stories to international platforms while supporting emerging creative talent across the country.
