#boltventures
Historic IPL Deal: Aditya Birla Group Takes Over RCB for ₹16,660 Crore
In a landmark development, the Royal Challengers Bangalore (RCB) franchise has been acquired by a consortium led by the Aditya Birla Group (ABG) for a record ₹16,660 crore (USD 1.78 billion). This deal marks the highest-ever valuation for an IPL team, underscoring the growing commercial strength and global appeal of Indian cricket. The consortium is led by Kumar Mangalam Birla and includes major investors such as The Times of India Group, Bolt Ventures, and Blackstone. The acquisi
Historic IPL Deal: Aditya Birla Group Takes Over RCB for ₹16,660 Crore
In a landmark development, the Royal Challengers Bangalore (RCB) franchise has been acquired by a consortium led by the Aditya Birla Group (ABG) for a record ₹16,660 crore (USD 1.78 billion). This deal marks the highest-ever valuation for an IPL team, underscoring the growing commercial strength and global appeal of Indian cricket. The consortium is led by Kumar Mangalam Birla and includes major investors such as The Times of India Group, Bolt Ventures, and Blackstone. The acquisi









