Reliance’s Jio Studios has acquired a more than fifty-percent stake in producer Guneet Monga’s Sikhya Entertainment. As per a press release jointly shared by the production houses, “Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited, today acquired a 50.1% stake in Sikhya Entertainment, strengthening Jio Studios' position in the media and entertainment sector.”
Jio Studios is known for backing films like Dhurandhar (2025), Laapataa Ladies (2023) and the Stree franchise while Sikhya has produced Oscar winners Period. End of Sentence. (Best Documentary Short Subject) and The Elephant Whisperers (Best Documentary Short Film), while its National Film Award–winning films include Masaan (2015), Soorarai Pottru (2020) and Kathal (2023).
Speaking on the partnership, Jyoti Deshpande, President – Jio Studios (Media & Content Business, RIL), said, “Sikhya Entertainment has consistently delivered stories that are deeply Indian yet resonate globally. This association reflects our long-term belief in partnering with creators who combine creative excellence with cultural authenticity.
Guneet Monga Kapoor and Achin Jain, co- founders of Sikhya Entertainment added, “We have always believed that stories have the power to connect people across cultures, geographies, and languages. At the heart of Sikhya's work is a deep belief in storytelling and in the people who bring these stories to life. Partnering with Jio Studios allows us to take these stories to audiences around the world, while empowering us to champion emerging talent from across the country.”
The collaboration comes at a time when big corporate is increasingly acquiring stakes in traditional production houses. Last year, Adar Poonawalla, CEO of Serum Institute of India acquired a 50 per cent stake in Karan Johar’s Dharma Productions. Universal Music Group also, earlier this year, acquired a 30 per cent stake in Farhan Akhtar and Ritesh Sidhwani’s Excel Entertainment.