The 1990s and 2000s witnessed a new wave of Malayalam cinema, characterized by experimentation and innovation. Filmmakers like A. K. Gopan, K. R. Meera, and Kamal inaugurated a new era of storytelling, exploring themes of identity, politics, and human emotions. Notable films from this period include "Sibi" (2002), "Guru" (1997), and "Mulloli" (2000).