Reliance Industries Limited Acquires Majority Stake in Sikhya Entertainment for INR 150 Crores
Reliance Strategic Business Ventures Limited (RSBVL), a subsidiary of Reliance Industries Limited (RIL), has made a significant move in the entertainment industry by acquiring a majority stake of 501% in Sikhya Entertainment Private Limited (SEPL) for a cash consideration of INR 150 crores on February 3, 2026. This strategic acquisition strengthens Jio Studios, RIL's media and content arm, in solidifying its leading position in the media and entertainment sector.
Jio Studios and SEPL Collaboration to Redefine Indian Storytelling
The collaboration between Jio Studios and SEPL marks a new chapter in Indian storytelling, bringing together Jio Studios' expansive reach and focus on intellectual property with SEPL's acclaimed track record in globally resonant storytelling. Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment has been at the forefront of redefining Indian storytelling on a global platform, with notable accolades including Academy Award® wins and multiple National Film Awards.
Partnership Paves the Way for Indian Stories on Global Stage
Speaking on the partnership, Jyoti Deshpande, President of Jio Studios (Media & Content Business, RIL), expressed excitement about partnering with SEPL to showcase Indian stories to a global audience. Guneet Monga Kapoor and Achin Jain of Sikhya Entertainment highlighted the power of storytelling to coect people across cultures and expressed their commitment to championing emerging talent in the Indian film industry.
With this collaboration, Jio Studios and SEPL aim to elevate Indian cinema to new heights, bridging cultural authenticity with global ambition to present compelling narratives that resonate with audiences worldwide.