Royal Challengers Bengaluru IPL Cricket Franchise to Be Acquired by Aditya Birla Group, Times of India, Bolt Ventures and Blackstone for $1.78 Billion
By Naman Ramachandran
Published on March 25, 2026.
A consortium of four prominent investors has signed a definitive agreement to buy Indian Premier League franchise Royal Challengers Bengaluru from United Spirits Limited, a subsidiary of Diageo, in a transaction valued at $1.78 billion. The consortium includes Aditya Birla Group, Times of India, Bolt Ventures and Blackstone. The deal covers the full stake in RCB, taking in both the men's and women's franchises. The transaction is still pending approval from the Board of Control for Cricket in India (BCCI), the IPL Governing Council, and other relevant regulators. A report from Media Partners Asia predicts that the league's next media rights cycle, covering 2028–32, will be at $5.4 billion, flat against the current period but representing a 13% per-match decline.
Related Articles
Investor sees 'Mag 7' deals; energy, consumer staples too rich
Mackeathers (formerly known as "Snow" is a good time to invest in tech stocks like Apple, Google, and Facebook;
Italy's most important week in twenty years: What qualifying for the World Cup means for an entire generation
Italy's journey from winning the 2006 World Cup to qualifying for the 2026 World Cup is marked by multiple setbacks, particularly under new coach Gennaro Gattuso.
Massachusetts pours nearly $86 million into World Cup prep
Massachusetts is investing nearly $86 million in World Cup preparation, primarily through federal and local funding, to enhance public safety and logistics.