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 acquisition, subject to approvals from the Board of Control for Cricket in India (BCCI) and the Competition Commission of India, signals a major ownership transition for RCB from United Spirits Limited (USL). As part of the new leadership structure, Aryaman Vikram Birla will take over as Chairman of RCB, while Satyan Gajwani will serve as Vice Chairman, bringing strong business and digital expertise to the franchise.

With this high-profile takeover, the new owners aim to capitalize on RCB’s massive fan base and brand value to transform the team into a global sports powerhouse. Their vision focuses on strengthening on-field performance while expanding RCB’s presence and influence in international markets, further elevating its status in the world of franchise cricket.