Aditya Birla Group, The Times Group, Bolt Ventures and Blackstone Acquire Royal Challengers Bengaluru for $1.78B

Deal Summary

A consortium of Aditya Birla Group, The Times Group, Bolt Ventures and Blackstone completed the acquisition of the IPL franchise Royal Challengers Bengaluru, purchasing 100% of the team and its women's WPL franchise for $1.78 billion. The deal, announced in 2026, marks a major shift in ownership from United Spirits/Diageo to institutional investors, making RCB one of the most valuable cricket properties worldwide.