Royal Challengers Bengaluru IPL Cricket Franchise to Be Acquired by Aditya Birla Group, Times of India, Bolt Ventures and Blackstone for $1.78 Billion

Mar 25, 2026 11:22am PT Royal Challengers Bengaluru IPL Cricket Franchise to Be Acquired by Aditya Birla Group, Times of India, Bolt Ventures and Blackstone for $1.78 Billion By Naman Ramachandran Plus Icon Naman Ramachandran Latest Oscar-Winning Pioneering Chinese-American Cinematographer James Wong Howe Gets Biopic, With Herman Yau to Direct 4 hours ago Oscar Winner Guneet Monga Kapoor-Led Women in Film India Partners With Jio Studios to Back Indian Producers at Cannes 9 hours ago Kevin Costner, Jake Gyllenhaal to Film ‘Honeymoon With Harry’ in Queensland 10 hours ago See All A consortium of four prominent investors has signed a definitive agreement to buy Indian Premier League franchise Royal Challengers Bengaluru from United Spirits Limited, a subsidiary of Diageo, in a transaction valued at $1.78 billion. The buying group brings together Aditya Birla Group, The Times of India Group, Bolt Ventures – the private investment platform of sports investor David Blitzer – and Blackstone , through its private equity arm BXPE. The deal covers the full stake in RCB, taking in both the men’s and women’s franchises. Closing remains contingent on sign-off from the Board of Control for Cricket in India , the IPL Governing Council and other relevant regulators. Related Stories Amazon MGM's 'Hail Mary': Will Ryan Gosling's $200 Million Space Movie Finally Deliver a Hit for the Studio?