Tech entrepreneur Kal Somani-led consortium to acquire Rajasthan Royals for $1.63 billion

The transaction is expected to be formalised in the coming days and will come into effect after the 2026 IPL season. British-Indian businessman Manoj Badale currently holds a 65% stake in the franchise.

Mar 24, 2026 - 22:30
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Tech entrepreneur Kal Somani-led consortium to acquire Rajasthan Royals for $1.63 billion
The transaction is expected to be formalised in the coming days and will come into effect after the 2026 IPL season. British-Indian businessman Manoj Badale currently holds a 65% stake in the franchise.

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