Reliance Strategic Business Ventures Limited, a wholly owned arm of Reliance Industries Limited, has acquired a 50.1 per cent equity stake in Sikhya Entertainment for an aggregate cash consideration of Rs 150 crore through a mix of primary and secondary transactions. The acquisition strengthens Jio Studios’ presence in India’s fast-growing media and entertainment space.

Jio Studios, the content and media division of RIL, has built a strong portfolio of commercially successful and critically acclaimed films, and aims to deepen its storytelling slate through this partnership.

Founded by Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment is one of India’s most globally recognised production houses and the only Indian banner to win multiple Academy Awards, including for The Elephant Whisperers and Period. End of Sentence..

The collaboration will see both companies co-create films and series for Indian and global audiences, combining Jio Studios’ scale and distribution with Sikhya’s culturally rooted, internationally acclaimed storytelling.