Yash Bhawsar
getcricketnews|28-11-2024
The Indian Premier League (IPL) is one of the most prestigious cricket leagues in the world, known not only for its high-octane matches but also for its deep-pocketed team owners and the powerful business empires they represent. As these owners strategize off the field, they bring in resources and expertise from some of the most influential sectors globally.
1. Chennai Super Kings – N. Srinivasan
Owner Business: India Cements
N. Srinivasan is a seasoned industrialist and former cricket administrator who heads India Cements, one of India’s leading cement manufacturing companies. Known for his strong influence within the cricketing community, Srinivasan plays a vital role in the management and strategic direction of Chennai Super Kings (CSK).
2. Delhi Capitals – Parth Jindal
Owner Business: JSW Group and GMR Group
Parth Jindal, a scion of the JSW Group, is a key figure in Delhi Capitals’ leadership. Managing JSW Cement and JSW Paints, Parth is known for his innovative approach to business. JSW has a diverse portfolio that spans steel, energy, and cement. The franchise’s other co-owner, the GMR Group.
3. Gujarat Titans – CVC Capital Partners
Owner Business: CVC Capital Partners
Owned by the Jersey-based CVC Capital Partners, a private equity giant, Gujarat Titans brings an international business dimension to the IPL. CVC Capital Partners has investments in a variety of sectors, including sports, health, and finance, which allows them to bring a strategic, global approach to the franchise.
4. Kolkata Knight Riders – Shah Rukh Khan, Juhi Chawla and Jay Mehta
Owner Business: Red Chillies Entertainment and Mehta Group
Bollywood superstar Shah Rukh Khan and his wife, Gauri Khan, established Red Chillies Entertainment, a film and entertainment production company, which co-owns Kolkata Knight Riders (KKR) with business magnate Jay Mehta and his actress-wife Juhi Chawla. Mehta Group, a multinational corporation, complements Khan’s entertainment influence, making KKR a unique mix of glamour and industrial clout.
5. Lucknow Super Giants – Dr. Sanjiv Goenka
Owner Business: RP-Sanjiv Goenka Group
Dr. Sanjiv Goenka, founder and chairman of the RP-Sanjiv Goenka Group, oversees a conglomerate with interests in energy, carbon black, IT-enabled services, FMCG, and more. Known for his strategic foresight, Goenka brings his vast business experience to the Lucknow Super Giants, ensuring their competitive edge on and off the field.
6. Mumbai Indians – Mukesh Ambani
Owner Business: Reliance Industries
Mukesh Ambani, one of the world’s richest individuals, is the chairman and managing director of Reliance Industries, a multinational conglomerate with ventures in energy, petrochemicals, retail, telecommunications, and media. Mumbai Indians, one of the IPL’s most successful teams, has consistently benefitted from Reliance’s robust financial and strategic backing.
7. Punjab Kings – Preity Zinta, Ness Wadia, Mohit Burman and Karan Paul
Owner Business: Diverse Ownership – Film, FMCG, Trading, and Hospitality**
Bollywood actress Preity Zinta, alongside business stalwarts Ness Wadia (Bombay Burmah Trading Corporation), Mohit Burman (Dabur), and Karan Paul (Apeejay Surrendra Group), form a unique ownership consortium. With their combined expertise in film, FMCG, trading, and hospitality, Punjab Kings (PBKS) is guided by a diverse mix of industries, making them a distinct entity in the IPL landscape.
8. Rajasthan Royals – Manoj Badale
Owner Business: Blenheim Chalcot
British-Indian entrepreneur Manoj Badale, co-founder of Blenheim Chalcot, heads Rajasthan Royals. Blenheim Chalcot is a global venture builder focusing on SaaS (Software as a Service) and digital businesses powered by generative AI. Badale’s tech-driven approach has helped transform Rajasthan Royals into a progressive, data-centric franchise.
9. Royal Challengers Bengaluru – United Spirits Ltd.
Owner Business: United Spirits Ltd., a subsidiary of Diageo
Royal Challengers Bengaluru (RCB) is owned by United Spirits, India’s leading alcoholic beverage company and a subsidiary of global spirits giant Diageo. With a vast portfolio of prestigious brands, United Spirits brings a sophisticated branding edge to RCB. Prathmesh Mishra, current chairman of RCB, oversees the team’s business and sporting strategy.
10. Sunrisers Hyderabad – Kalanithi Maran
Owner Business: Sun TV Network
Kalanithi Maran, founder and chairman of Sun TV Network, one of India’s largest media conglomerates, owns Sunrisers Hyderabad (SRH). Maran’s influence in the media industry and expertise in television, radio, and film production have helped Sunrisers Hyderabad cultivate a strong brand presence, backed by his vast reach across South India’s entertainment landscape. However, during the auction fans generally witness his daughter Kavya Maran lifting the paddle.
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