Jio Studios Acquires Majority Stake in Oscar-Winning Sikhya Entertainment for Rs 150 Cr

• Jio Studios, Reliance Industries' media arm, has acquired a 50.1% equity stake in Sikhya Entertainment for Rs 150 crore.
• The transaction, completed on February 2, involves both primary and secondary investments by Reliance Strategic Business Ventures Limited (RSBVL).
• This acquisition aims to boost Jio Studios' premium storytelling ambitions and provide Sikhya with access to Reliance's capital and distribution network.
• Sikhya Entertainment, founded by Guneet Monga Kapoor and Achin Jain, is known for Oscar-winning projects like "Period. End of Sentence." and "The Elephant Whisperers."
• The partnership seeks to take culturally rooted Indian stories to a wider global audience, combining Sikhya's creative legacy with Jio Studios' scale.

Why It Matters: Jio Studios' acquisition of Sikhya Entertainment strengthens its position in premium content and global distribution.