A consortium of Aditya Birla Group, The Times of India Group, Bolt Ventures, and private equity firm Blackstone have completed a record ₹16,706 crore takeover of IPL 2025 champions RCB. As part of the new consortium, Aryaman Vikram Birla will be the chairman of the franchise. Birla, famously featured in the IPL previously and was picked by RR in the IPL auction. As per Cricbuzz, the purchase was completed for $1.78 billion. Under the revised ownership setup, Aryaman Vikram Birla of the Aditya Birla Group will take on the role of chairman, while Satyan Gajwani from The Times of India Group will serve as vice chairman. The consortium also includes David Blitzer, founder of Bolt Ventures, and Viral Patel, CEO of BXPE. More to follow….