Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

India-US Consortium Acquires RCB for Rs. 16,700 Crore

Loading more articles...

RCB Sold for Record Rs. 16,700 Crore to India-US Consortium

There has been a significant ownership change at RCB. (PTI Photo)

N

News18•24-03-2026, 22:03

RCB Sold for Record Rs. 16,700 Crore to India-US Consortium

•IPL franchise Royal Challengers Bengaluru (RCB) sold for USD 1.78 billion (Rs. 16,706 crore) to an India-US business consortium.
•The consortium includes Kumar Mangalam's Aditya Birla Group, The Times of India Group, David Blitzer’s Bolt Ventures, and Blackstone.
•This marks the biggest-ever sale in IPL history, surpassing Rajasthan Royals' USD 1.63 billion deal.
•Aryaman Vikram Birla will be Chairman, with Satyan Gajwani as Vice Chairman; David Blitzer and Viral Patel also in ownership.
•The sale represents a 1,360% jump from the original $111.6 million purchase by Vijay Mallya's United Breweries Group.

Read Full Article on News18 in English

✦

More like this

Stories

✦

More like this

RCB were recently sold for a record-breaking fee. (PTI)

BCCI to Earn Over Rs 1000 Crore from RCB, RR IPL Team Sales

Race for Royal Challengers Bengaluru: Blackstone in talks to join Birla-Blitzer consortium in final leg

Blackstone Eyes RCB: Joins Birla-Blitzer Consortium in IPL Franchise Race

Bulk Deals on March 12

Smallcap World Fund Boosts Shaily Engineering Stake by 2% for Rs 177 Cr

Lalit Modi

Lalit Modi Joins Race to Acquire Rajasthan Royals Ahead of IPL 2026

Anil Ambani FILE Photo

ED attaches fresh ₹581 crore assets of Anil Ambani's Reliance Group; total now ₹16,310 crore

Vijay Mallya on RCB Sale: 'People Laughed at Me' for Rs 450 Cr Investment