Reliance Jio Studios and Reliance Strategic Business Ventures completed the acquisition of a 50.1% stake in Sikhya Entertainment.

Reliance Jio Studios and Reliance Strategic Business Ventures completed the acquisition of a 50.1% stake in Sikhya Entertainment, a film production and distribution company. Financial terms were not disclosed. "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, where stories exist in every fabric and every thread. Jyoti Deshpande’s commitment to innovation and her instinct for bold ideas and creative risk make this partnership especially exciting", Guneet Monga Kapoor and Achin Jain, Sikhya Entertainment Founders.