RCB sold for record $1.78 billion, RR for $1.63 billion
24 Mar 2026
After Rajasthan Royals, RCB has now found new owners. In a record ₹16,706 Crore purchase, a consortium of Aditya Birla Group, The Times of India Group, Bolt Ventures, and private equity firm Blackstone have completed the purchase. The sale includes both men's and women's team, who are both reigning champions in IPL and WPL.
As per Cricbuzz, the purchase was completed for $1.78 billion. Under the revised ownership setup, Aryaman Vikram Birla of the Aditya Birla Group will take on the role of chairman, while Satyan Gajwani from The Times of India Group will serve as vice chairman. The consortium also includes David Blitzer, founder of Bolt Ventures, and Viral Patel, CEO of BXPE.
More to follow...
