RCB acquired by four-member consortium led by Aditya Birla Group, Times of India – Reports
Indian Premier League side Royal Challengers Bengaluru was acquired by a consortium led by Aditya Birla Group (ABG) and The Times of India Group in a transaction that amounted to Rs. 16,706 crore, as per reports.
The consortium, which also features Bolt Ventures (Bolt) and Blackstone’s perpetual private equity strategy (BXPE, Blackstone), signed a deal with United Spirits Limited (USL) to secure 100 per cent stake in a RCB, reported Cricbuzz.
The deal includes both the men’s and women’s teams, who are respectively the reigning IPL and WPL champions.
Earlier today, a consortium led by US-based entrepreneur Kal Somani had won the bid to acquire the Rajasthan Royals franchise for Rs 15,300 crore.
Published on Mar 24, 2026