The Royal Challengers Bengaluru, a team in the Indian Premier League, has been acquired by a consortium led by the Aditya Birla Group (ABG) and The Times of India Group for a reported amount of Rs. 16,706 crore. The consortium, which also includes Bolt Ventures and Blackstone’s perpetual private equity strategy, signed a deal with United Spirits Limited to secure a 100% stake in RCB. This acquisition includes both the men’s and women’s teams, who are currently the reigning champions of the IPL and WPL respectively.
RCB will kick off their IPL 2026 campaign with a home match against Sunrisers Hyderabad on March 28. In a separate deal, a consortium led by US-based entrepreneur Kal Somani successfully acquired the Rajasthan Royals franchise for Rs 15,300 crore.
The deal marks a significant change in ownership for the RCB franchise, and fans can expect to see new developments and strategies in the upcoming seasons. The acquisition by the consortium led by ABG and The Times of India Group signifies a new era for the team, and there is anticipation for what the future holds under their leadership.
The transaction has been a key topic of discussion in the cricket world, with many eagerly awaiting the impact it will have on the team’s performance and standing in the league. The RCB franchise is now under new ownership, and all eyes will be on them as they prepare to compete in the upcoming seasons.
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