Aditya Birla Group acquires Royal Challengers Bengaluru for $1.78 billion

Aditya Birla Group acquires Royal Challengers Bengaluru for $1.78 billion

Justin Perkins
Justin Perkins•
• 2 Min.
A group of people playing cricket on a grassy field with trees in the background under a clear blue sky, featuring the text "The Second Great Match Game for the Championship" at the bottom.

Aditya Birla Group acquires Royal Challengers Bengaluru for $1.78 billion

The Aditya Birla Group has taken full control of Royal Challengers Bengaluru in a landmark deal worth USD 1.78 billion. This move marks a major shift in ownership, transferring the franchise from United Spirits Limited. The acquisition signals a new direction for the team, with plans to boost player development and modernise infrastructure.

A key figure in this transition is Aryaman Birla, the 27-year-old businessman and former cricketer. His growing influence in both sports and business suggests he may help shape the future of IPL franchises under the group's leadership. Aryaman Birla began his career in cricket, representing Madhya Pradesh as a left-handed batsman. In 2018, he was picked by Rajasthan Royals in the IPL auction for ₹30 lakh. His standout performance came in the Ranji Trophy, where he scored an unbeaten century to help his team secure a draw.

By 2019, at just 22, he stepped away from professional cricket. Shifting focus, he founded Aditya Birla New Age Hospitality and later took charge of Aditya Birla Ventures, the group's venture capital arm. His leadership extended to joining the boards of major companies like Hindalco Industries and Grasim Industries.

The 2024 acquisition of Royal Challengers Bengaluru by the Aditya Birla Group reflects a broader strategy. The new ownership aims to strengthen the franchise's position in the IPL through increased financial support and restructuring. Plans include modernising infrastructure, expanding global brand partnerships, and investing more in player development. The Aditya Birla Group now holds full ownership of Royal Challengers Bengaluru after a USD 1.78 billion deal. Aryaman Birla's dual experience in cricket and business positions him as a likely driving force in the franchise's next phase. The team is set to benefit from greater resources, improved facilities, and a stronger global presence under the new leadership.

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