Adar Poonawalla Confirms Strong Bid for RCB, Eyes IPL Champions Acquisition

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Firstpost•22-01-2026, 22:50
Adar Poonawalla Confirms Strong Bid for RCB, Eyes IPL Champions Acquisition
- •Adar Poonawalla, CEO of Serum Institute of India, confirmed his strong interest in acquiring the Royal Challengers Bengaluru (RCB) franchise.
- •Poonawalla announced on X (formerly Twitter) his intention to submit a "strong and competitive bid" for RCB, calling it one of the best IPL teams.
- •Diageo, parent company of United Spirits Ltd, currently owns RCB and has put the franchise up for sale.
- •The news of the potential sale follows RCB's maiden IPL title win in 2025, ending an 18-year drought and boosting its popularity and valuation.
- •Poonawalla had previously hinted at his interest in October 2025, stating RCB is a "great team" at the right valuation.
Why It Matters: Adar Poonawalla is set to make a competitive bid to buy the IPL champions Royal Challengers Bengaluru.
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