{"id":65504,"date":"2026-03-25T11:47:36","date_gmt":"2026-03-25T11:47:36","guid":{"rendered":"https:\/\/earlypostdaily.com\/index.php\/2026\/03\/25\/aditya-birla-group-led-consortium-emerges-top-bidder-for-rcb\/"},"modified":"2026-03-25T11:47:36","modified_gmt":"2026-03-25T11:47:36","slug":"aditya-birla-group-led-consortium-emerges-top-bidder-for-rcb","status":"publish","type":"post","link":"https:\/\/earlypostdaily.com\/index.php\/2026\/03\/25\/aditya-birla-group-led-consortium-emerges-top-bidder-for-rcb\/","title":{"rendered":"Aditya Birla Group-Led Consortium Emerges Top Bidder for RCB"},"content":{"rendered":"<p><strong>Mumbai:<\/strong> A consortium led by the <strong>Aditya Birla Group<\/strong> has emerged as the lead bidder to acquire <strong>Royal Challengers Bengaluru<\/strong> for a staggering <strong>USD 1.78 billion (approximately Rs 16,706 crore)<\/strong>, sources said on Tuesday.<\/p>\n<p>The consortium includes global investment firm <strong>Blackstone<\/strong>, led by CEO <strong>Viral Patel<\/strong>, <strong>Bolt Ventures<\/strong> owned by American investor <strong>David Blitzer<\/strong>, and media conglomerate <strong>Times of India<\/strong>.<\/p>\n<p>According to sources, the group has reached an agreement with <strong>United Spirits Limited<\/strong> (USL) to acquire a 100 per cent stake in the franchise, which includes both the men\u2019s and women\u2019s teams. USL, a subsidiary of <strong>Diageo<\/strong>, had been looking to exit ownership as the franchise was no longer central to its business strategy.<\/p>\n<p>As per the proposed arrangement, <strong>Aryaman Vikram Birla<\/strong>, Director of Aditya Birla Group, is set to become the chairman of the franchise, while <strong>Satyan Gajwani<\/strong> of Times of India will serve as vice chairman.<\/p>\n<p>However, the deal is subject to approvals from the <strong>Board of Control for Cricket in India (BCCI)<\/strong>, the IPL Governing Council, its Women\u2019s Premier League counterpart, and the <strong>Competition Commission of India<\/strong>.<\/p>\n<p>The development comes after the earlier high-profile acquisition of <strong>Rajasthan Royals<\/strong> by a US-based consortium led by <strong>Kal Somani<\/strong> for <strong>USD 1.63 billion (around Rs 15,290 crore)<\/strong>. The consortium included <strong>Rob Walton<\/strong> of the Walmart family and members of the Hamp family associated with <strong>Ford Motor Company<\/strong>.<\/p>\n<p>Kal Somani, an Arizona-based entrepreneur, is known for founding ventures such as <strong>IntraEdge<\/strong>, <strong>Truyo.Ai<\/strong> and <strong>Academian<\/strong>.<\/p>\n<p>Other contenders in the race to acquire RCB included a Times Internet-led consortium and the Mittal family led by <strong>Aditya Mittal<\/strong>, CEO of <strong>ArcelorMittal<\/strong>.<\/p>\n<p>If approved, the deal would mark one of the biggest franchise acquisitions in the history of the <strong>Indian Premier League<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: A consortium led by the Aditya Birla Group has emerged as the lead bidder to acquire Royal Challengers Bengaluru for a staggering USD 1.78 billion&hellip;<\/p>\n","protected":false},"author":1,"featured_media":65503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,24],"tags":[],"class_list":["post-65504","post","has-post-thumbnail","category-national","category-sports"],"_links":{"self":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/65504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/comments?post=65504"}],"version-history":[{"count":0,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/65504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media\/65503"}],"wp:attachment":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media?parent=65504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/categories?post=65504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/tags?post=65504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}