Tiger Global is reportedly in talks to invest $40 million in Rajasthan Royals, a franchise in the Indian Premier League (IPL). The deal would value the team at $650 million.
Tiger Global is a global investment firm that has invested in a wide range of companies, including technology startups, consumer businesses, and financial services firms. The firm has been particularly active in India in recent years and has invested in companies such as Flipkart, Paytm, and Byju’s.
Rajasthan Royals is one of the most successful teams in the IPL, having won the tournament in 2008. The team is owned by Emerging Media, a company controlled by Manoj Badale.
The investment from Tiger Global would mark a significant deepening of the firm’s involvement in the Indian sports sector. Tiger Global has previously invested in Indian sports companies such as Dream11 and Sportradar.
The deal is still in the early stages, and it is not yet clear when it will be finalized. However, the investment from Tiger Global would be a major boost for Rajasthan Royals and would help the team to continue its success in the IPL.
Here are some additional details about the potential deal:
- The investment would be worth $40 million.
- The deal would value Rajasthan Royals at $650 million.
- Tiger Global is a global investment firm that has invested in a wide range of companies.
- Rajasthan Royals is one of the most successful teams in the IPL.
- The deal is still in the early stages and it is not yet clear when it will be finalized.
The Top Investors of Rajasthan Royals
- Manoj Badale
- RedBird Capital Partners
- Chris Paul
- Larry Fitzgerald
- Kelvin Beachum
Manoj Badale is the lead owner of Rajasthan Royals. He is a British businessman who has been involved in the IPL since the beginning. He is also the co-founder of Emerging Media Ventures, the company that owns the majority stake in Rajasthan Royals.
RedBird Capital Partners is a global investment firm that specializes in sports and media. They acquired a 15% stake in Rajasthan Royals in 2022.
Chris Paul is a professional basketball player who plays for the Phoenix Suns. He is a 10-time NBA All-Star and a 4-time All-NBA First Team selection. He is also the president of the National Basketball Players Association.
Larry Fitzgerald is a professional football player who plays for the Arizona Cardinals. He is an 11-time Pro Bowl selection and a 3-time All-Pro selection. He is also the Cardinals’ all-time leading receiver.
Kelvin Beachum is a professional football player who plays for the New York Jets. He is a 6-year NFL veteran who has played for the Jacksonville Jaguars, Pittsburgh Steelers, New York Giants, and Arizona Cardinals.
Celebrity Investors of Rajasthan Royals
The following celebrities are investors in Rajasthan Royals:
- Abhishek Bachchan
- Ranveer Singh
- Arjun Kapoor
- Juhi Chawla
- Shilpa Shetty
- Ashish Nehra
- Shane Warne
These investors have all seen the potential of the Indian Premier League and are committed to helping Rajasthan Royals become a global success.
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