IPL franchise valuations surge after RCB Rs 16,660-crore deal
- Posted on March 25, 2026
- By Business News Today
- 4 Views
IPL franchise valuations surge after RCB Rs 16,660-crore deal
Aditya Birla Group, The Times of India (publishers of The Economic Times), Bolt Ventures and a Blackstone fund, acting in a consortium, acquired current champions RCB for $1.78 billion. United Spirits, a subsidiary of Diageo, exited the franchise.