Jio Studios Parent Acquires 50.1% Stake in Oscar-Winning Sikhya Entertainment

• Reliance Strategic Business Ventures Limited (RSBVL), a subsidiary of Reliance Industries Limited (RIL), acquired a 50.1% equity stake in Sikhya Entertainment Private Limited (SEPL).
• The acquisition was completed for ₹150 crore on February 2, through a mix of primary and secondary deals.
• Sikhya Entertainment, founded by Guneet Monga Kapoor and Achin Jain, is known for Academy Award-winning films like Period. End of Sentence. and The Elephant Whisperers.
• The production house has also received multiple National Film Awards for films such as Masaan, Soorarai Pottru, and Kathal.
• Jio Studios and Sikhya Entertainment will collaborate to co-create films and series for both Indian and international audiences.

Why It Matters: Jio Studios parent company acquired a majority stake in Sikhya Entertainment, boosting its content portfolio.