Reliance’s Jio Studios Bets on Oscar-Winning Sikhya Entertainment to Deepen Content Play

Reliance Strategic Business Ventures Limited (RSBVL) has officially acquired a 50.1 per cent equity stake in Sikhya Entertainment for Rs 150 crore, marking a transformative moment for India’s media landscape. This primary and secondary transaction integrates Guneet Monga Kapoor’s Academy Award-winning production house into the powerhouse ecosystem of Jio Studios. By combining Reliance’s massive distribution scale with Sikhya’s proven track record of culturally rooted, globally resonant storytelling—responsible for hits like The Lunchbox and The Elephant Whisperers—the partnership aims to solidify Jio Studios' pre-eminent position in the evolving global content economy.

The collaboration represents a synergy between commercial prowess and creative prestige. Jio Studios has recently dominated the Indian box office and critical circuits with landmark titles such as Dhurandhar and the Stree franchise. Meanwhile, Sikhya Entertainment remains the only Indian production house to boast both an Oscar and multiple National Film Awards. This merger is designed to nurture a creator-led ecosystem, providing independent filmmakers and emerging writers with the high-octane infrastructure needed to transition from "bold ideas" to international household names, essentially bridging the gap between independent spirit and industrial scale.

This acquisition is more than a financial deal; it is a shared commitment to a "Rising India" that is confident in its unique narrative voice. Leaders from both entities, Jyoti Deshpande and Guneet Monga Kapoor, emphasise that the goal is to provide Indian stories with the pathways to reach every corner of the world. By leveraging Jio’s distribution network and Sikhya’s knack for discovering raw talent and multilingual narratives, the partnership is poised to redefine the next chapter of cinema, ensuring that stories from every fabric of Indian society find an unapologetic stage on the global map.

About Sikhya Entertainment Private Limited

Sikhya Entertainment is an Academy Award®-winning Indian production house known for bold, authentic storytelling with global resonance. With a strong focus on powerful narratives and nurturing new and emerging talent, the company creates films and series that bring heartland Indian voices to international audiences, continually pushing the boundaries of South Asian storytelling across formats.

About Jio Studios

Jio Studios, the media and content arm of Reliance Industries Limited, is creating and owning a formidable body of work across films and series in Hindi and major Indian languages. In just seven years, the studio has delivered over 150 films and web series, with 55 films and web series of Jio Studios sweeping over 450+ awards in India and internationally. Its diverse slate spans record-breaking blockbusters to critically celebrated titles. Guided by its vision of Make in India and Show the World, Jio Studios is committed to taking powerful Indian stories to global audiences through world-class, platform-agnostic entertainment.

About Reliance Industries Limited

Reliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated revenue of Rs 10,71,174 crore (USD 125.3 billion), cash profit of Rs 1,46,917 crore (USD 17.2 billion) and net profit of Rs 81,309 crore (USD 9.5 billion) for the year ended March 31, 2025. Reliance’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail, digital services and media and entertainment.

Currently ranked 88th, Reliance is the largest private sector company from India to be featured in Fortune’s Global 500 list of 'World’s Largest Companies' for 2025. The company stands 45th in the Forbes Global 2000 rankings of 'World’s Largest Public Companies' for 2025, the highest among Indian companies. Reliance has been recognised in Time's list of the 100 Most Influential Companies of 2024, marking the only Indian company to have achieved this honour twice.

Disclaimer: The article is for informational purposes only and not investment advice.