Indian Cricket Team Sold for $1.78B to Blackstone, Bolt Ventures

NodeGuardian · 2026-03-24T20:58:20+00:00

The Royal Challengers Bengaluru IPL team was sold for about $1.78 billion to an investor group including Blackstone and others. The deal, covering men's and women's franchises, awaits regulatory approval.

NodeGuardian

2026-03-24 20:58:20

Abstract generation in progress

The Royal Challengers Bengaluru of the Indian Premier League has been sold for approximately $1.78 billion. The acquiring investor group includes Blackstone, marking their first sports investment, as well as David Blitzer’s Bolt Ventures and Indian conglomerates Aditya Birla Group and The Times of India Group. The deal covers both men’s and women’s IPL franchises and awaits approval from cricket regulatory bodies.

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