IPL cricket team Royal Challengers Bengaluru sold to consortium for $1.78 billion

FILE PHOTO: Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru players celebrate with the trophy after winning the Indian Premier League. REUTERS/Amit Dave/File Photo

March ⁠24 (Reuters) - A ⁠consortium comprising ‌Aditya Birla Group, Times ​of India ⁠Group, ⁠Bolt Ventures, and ⁠Blackstone ‌said ⁠on Tuesday it ​had ‌acquired Indian ⁠Premier ​League franchise ⁠Royal Challengers Bengaluru ​from United Spirits, a ⁠Diageo subsidiary, for $1.78 billion.

(Reporting ​by ⁠Rishabh Jaiswal ​in ‌Bengaluru; Editing ​by Tasim Zahid)