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Jio Studios Acquires $16.7 Million Majority Stake In Oscar-Winning Sikhya Entertainment

Reliance’s Jio Studios acquires 50.1% of Sikhya Entertainment to combine scale with award-winning storytelling for local and global film and series development.

  • On February 2, 2026, Reliance Strategic Business Ventures Limited completed a 50.1% acquisition of Sikhya Entertainment for Rs 150 crore, the company announced on February 3, 2026.
  • The partnership aims to co-create films and series for Indian and international audiences, combining Jio Studios' distribution reach with Sikhya's culturally rooted storytelling, as Guneet Monga Kapoor and Achin Jain stated.
  • Sikhya's credits include Oscar‑winning shorts Period. and The Elephant Whisperers and films like The Lunchbox, Masaan, Pagglait and Kill, making it the only Indian studio with both awards.
  • The move strengthens Jio Studios' presence in the media and entertainment sector and links it with Sikhya, co-founded by Guneet Monga Kapoor and Achin Jain, creating a high-profile industry connection.
  • Jyoti Deshpande said the partnership reflects a long‑term commitment to partnering with creators who combine creative excellence with cultural authenticity, positioning Sikhya for international growth.
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Variety broke the news in Los Angeles, United States on Tuesday, February 3, 2026.
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