“Pavakathakali” – Kathakali puppets – is a traditional puppet theatre of Kerala which existed side by side with the Kathakali – the larger counterpart of the traditional theatre. The puppet form was extinct by the later part of the 20th century. With the efforts of a group of artists, this puppet theatre is revived into its original and complete form. This report is an effort to understand the process by which the features of a dominant form of art were efficiently combined into a miniature form in our traditional storytelling medium and also throw light on the methods of revival, preservation and propagation of the traditional storytelling mediums in the modern days.