- ADVERTISEMENT -A consortium comprising Blackstone, Bolt Ventures, Aditya Birla Group and Times of India Group said in March it would acquire the Bengaluru franchise for a league-record $1.78 billion. Separately, in May, the Mittal family and Adar Poonawalla said they would buy Rajasthan for $1.65 billion. The increase reflected a second consecutive year of double-digit growth in the IPL’s business value, Houlihan Lokey said in its ‘2026 IPL Brand Valuation Study’ on Wednesday. The IPL’s stand-alone brand value rose 10.3% over the past year to $4.3 billion. Reigning champions Bengaluru remain the league’s most valuable franchise, with a brand value of $312 million.