A consortium led by the Aditya Birla Group, along with The Times of India Group, Bolt Ventures, and Blackstone, has acquired the Royal Challengers Bangalore (RCB) Indian Premier League franchise for $1.78 billion, according to Variety and Times of India. This transaction confirms RCB as the IPL’s most valuable franchise to date, surpassing previous records.
The takeover, valued between $1.78 billion and $1.8 billion as reported by various sources including The National (UAE), reflects the rising franchise valuations in the IPL, driven by expanding broadcast rights and growing global investor interest. The deal was finalized after acquisition from United Spirits Limited, a subsidiary of Diageo, as stated by Variety.
Financial details also place the deal at approximately ₹16,600 crore (approximately ₹166 billion), as reported by The Hindu. The consortium combines expertise in finance, media, and strategic investment, highlighting a significant commitment to the sports and entertainment sector in India.
In terms of governance, Times of India reports that Aryaman Vikram Birla will assume the role of chairman, with Satyan Gajwani appointed vice-chairman, beginning after the conclusion of the 2026 IPL season. This leadership structure is expected to guide the franchise's future growth and development.
Moving forward, the industry will watch how this acquisition influences the IPL’s valuation trajectory and operational strategies under new management. Approval from regulatory bodies is still pending, and the consortium’s long-term plans for the franchise will likely have wider implications for sports investment in the region.
Bolt Ventures
Aditya Birla Group
Satyan Gajwani
Blackstone
Om Birla
Royal Challengers Bengaluru
