Buyer Consortium acquires Rajasthan royals
Cyril Amarchand Mangaldas ("CAM") advised the Buyer Consortium on the acquisition of the IPL franchise Rajasthan Royals, for USD ~1.6 Billion.
Company lists
Clubs & teams, events & management, academies & training, after-school sports, equipment & facilities and more: the companies building sports services in Mumbai, Maharashtra, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 499 sports services companies in India, last 24 months: 76 M&A deals · 12 Contracts · 4 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.
Cyril Amarchand Mangaldas ("CAM") advised the Buyer Consortium on the acquisition of the IPL franchise Rajasthan Royals, for USD ~1.6 Billion.
But on Sunday, Lakshmi N. Mittal and Aditya Mittal announced that a definitive agreement had been reached to acquire the Rajasthan Royals, in partnership with Adar Poonawalla, from Manoj…
A Mittal family-led consortium agreed to acquire a controlling stake in the Royals at a valuation of around $1.65 billion, one of the biggest franchise deals in global cricket.
Kaal Somani in March allegedly agreed to buy a percentage stake in record 1.63 billion US dollars in Rajasthan Royals.
Latham & Watkins has advised the Lakshmi N. Mittal and Aditya Mittal in connection with their acquisition of Rajasthan Royals, an Indian Premier League (IPL) cricket franchise, in…
But on Sunday, Lakshmi N. Mittal and Aditya Mittal announced that a definitive agreement had been reached to acquire the Rajasthan Royals, in partnership with Adar Poonawalla, from Manoj…
Lakshmi Mittal and her son Aditya Mittal, together with vaccine maker Adar Poonawala, acquired a large stake in Rajasthan Royals of US$1.65 billion (about Rs 15,600 crore)
on May 3, it was revealed that a consortium led by Lakshmi Mittal, Aditya Mittal and Adar Poonawalla will acquire to Rajasthan Royals and its sister entities, Barbados Royals and Paarl…
Apollo Sports Capital is investing $225M in Pickleball Inc. and rolling up its pickleball assets with two pro leagues.
The Rajasthan Royals franchise has officially been acquired by a consortium led by industrialist Lakshmi N. Mittal and his son Aditya Mittal in a deal valued at approximately 1.65…
The Apollo Sports Capital-led deal merges the PPA Tour and Major League Pickleball, valuing Pickleball Inc., whose portfolio also includes indoor pickleball franchise The Picklr, at $750…
Lakshmi Narayan Mittal and Aditya Mittal have agreed to acquire Indian Premier League franchise Rajasthan Royals in partnership with Adar Poonawalla.
A consortium led by Lakshmi N Mittal and including Adar Poonawalla has signed a definitive agreement to acquire Indian Premier League franchise Rajasthan Royals in a deal valued at…
May 04, 2026 09:12 IST Mittal family, Adar Poonawalla to acquire Rajasthan Royals at $1.65 billion enterprise value The Mittal family will own about 75% of the franchise, while Adar…
A consortium led by steel billionaire Lakshmi Mittal and vaccine tycoon Adar Poonawalla has agreed to acquire Indian Premier League franchise Rajasthan Royals in a deal valuing the team…
The Lakshmi N Mittal family has entered into a definitive agreement to acquire Rajasthan Royals in partnership with Adar Poonawalla, from Manoj Badale and the existing consortium, in a…
The family of steel billionaire Lakshmi Mittal, founder of ArcelorMittal, has agreed to acquire a controlling stake in Rajasthan Royals in partnership with Adar Poonawalla.
Lakshmi Narayan Mittal and Aditya Mittal on Sunday announced that a definitive agreement has been reached to acquire the IPL franchise Rajasthan Royals, in partnership with Adar…
Rajasthan Royals IPL 2026 Takeover: Steel tycoon Lakshmi N. Mittal, his son Aditya Mittal, and vaccine pioneer Adar Poonawalla have successfully acquired a majority stake in the…
The Lakshmi N Mittal family has entered into a definitive agreement to acquire Rajasthan Royals in partnership with Adar Poonawalla, from Manoj Badale and the existing consortium, in a…
Torrent Group acquiring a 67% majority stake in the Gujarat Titans from CVC Capital Partners for approximately Rs 5,000 crore.
Lakshmi Mittal, the Rajasthan-born steel billionaire, has struck a definitive agreement to acquire the Rajasthan Royals, one of the Indian Premier League’s eight founding franchises, at…
A consortium led by steel magnate Lakshmi N Mittal's family and including Serum Institute of India CEO Adar Poonawalla has signed a definitive agreement to acquire Indian Premier League…
The Mittal family has signed a definitive agreement to acquire Rajasthan Royals in partnership with vaccine king Adar Poonawalla, in a transaction valued at approximately $1.65 billion.
A consortium of Lakshmi N Mittal, Aditya Mittal and Adar Pooonawala has acquired the IPL franchise Rajasthan Royals and its sister entities (Paarl Royals and Barbados Royals) for…
Lakshmi N. Mittal and Aditya Mittal have partnered with Adar Poonawalla to acquire Rajasthan Royals for $1.65 billion.
Khaitan & Co advised a consortium comprising the Aditya Birla Group, the Times of India Group, Bolt Ventures and Blackstone on the acquisition of Royal Challengers Sport Private Limited…
Birla earlier played for rival franchise Rajasthan Royals, which was acquired for $1.63 billion ( ₹15,286 crore) by a consortium led by Arizona-based tech entrepreneur Kal Somani,…
Torrent group acquired 67 percent stake of Gujarat Titans (GT) at Rs 57.5 crore.
Royal Challengers Bangalore (RCB) was recently acquired by Aditya Birla Group, Blackstone, David Blitzer, a global sports investor, and the Times Group at a valuation of Rs 16,700 crore.
Browse sports services companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 21 companies below are the largest by their most recent reported revenue among 21 sports services companies in Mumbai, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Provider of IPL cricket team with a range of fan gear and merchandise
Sports services₹697.73 cr in FY24-25 · net ₹84.81 cr · +244% since FY2018
Filed standalone accounts · Indiawin Sports Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Franchise of international brand.
Retail chains₹14.33 cr in FY24-25 · net ₹4.86 cr · -91% since FY2017
Filed standalone accounts · Cravatex LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of football championship management services
Sports services₹507.98 cr in FY24-25 · net ₹45.23 cr · +75% since FY2018
Filed standalone accounts · Football Sports Development LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports event management and development services
Sports services₹140.66 cr in FY24-25 · net −₹2.58 cr · +92% since FY2018
Filed standalone accounts · Procam International Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Operator of multi-sports tournament
Sports services₹104.12 cr in FY23-24 · net ₹5.55 cr · +100% since FY2020
Filed consolidated accounts · Fanatic Sports Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports marketing, entertainment, events and brand licensing services
Sports services

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports club services
Sports services₹54.65 cr in FY24-25 · net −₹6.57 cr · +17% since FY2019
Filed standalone accounts · Jamshedpur Football And Sporting Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of recreational club offering sports facilities, fitness amenities, and social activities
Sports services₹32.77 cr in FY24-25 · net −₹2.82 cr · +31% since FY2018
Filed standalone accounts · Garware Club HouseEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports training, consulting, and education services
Sports services₹28.74 cr in FY24-25 · net −₹4.27 cr · +123% since FY2018
Filed standalone accounts · Iot Sporting Aspirations Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports services
Sports services₹26.81 cr in FY24-25 · net ₹1.39 cr · +352% since FY2018
Filed standalone accounts · Meraki Sport & Entertainment Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Sports infrastructure company transforming sports and entertainment experiences through world-class sporting events and concerts
Sports services₹22.88 cr in FY24-25 · net −₹63.46 cr · +84% since FY2018
Filed standalone accounts · Se Transstadia Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of talent management, esports, and brand consultancy services
Sports services₹15.41 cr in FY24-25 · net −₹2.43 cr · +8% since FY2018
Filed standalone accounts · Cornerstone Sport And Entertainment Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

End-to-end software for running events
Sports services₹10.47 cr in FY24-25 · net ₹54.22 lakh · +740% since FY2018
Filed standalone accounts · Youtoocanrun Sports Management Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports promotion, production, and management services
Sports services₹1.18 cr in FY24-25 · net −₹42.11 cr · -97% since FY2018
Filed standalone accounts · Toyam Sports LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Home - Marcos Quay
Sports services₹5.33 cr in FY24-25 · net −₹13.99 lakh · -4% since FY2017
Filed standalone accounts · Marcos Quay Sporting Excellence Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports league management services
Sports services₹4.25 cr in FY23-24 · net −₹4.81 cr · +750% since FY2022
Filed standalone accounts · Bluesport Entertainment Private LimitedUS$637k across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports event services
Sports services₹3.36 cr in FY24-25 · net ₹3.42 lakh · +227% since FY2017
Filed standalone accounts · Bayside Sports (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of arm wrestling tournament services
Sports services₹27.46 lakh in FY24-25 · net −₹0.27 lakh · -50% since FY2018
Filed standalone accounts · Swen Entertainment Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Sports events management and media company
Sports services₹1.68 cr in FY24-25 · net ₹7.53 lakh · +421% since FY2022
Filed standalone accounts · Sportsnext India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports services
Sports services
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of sports services
Sports services₹51.42 lakh in FY23-24 · net −₹55.67 lakh · -81% since FY2017
Filed standalone accounts · Dream Sports Fields Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 21. Radar has the complete, filterable list with contacts and live company signals.
Open sports services in Mumbai on RadarFind sports companies in Mumbai, from sports management companies to event organizers. Browse sports services companies by clubs, academies, events and training.
Professional teams, clubs and leagues across cricket, football and more.

Provider of IPL cricket team with a range of fan gear and merchandise
Sports services
Provider of football championship management services
Sports services
Operator of multi-sports tournament
Sports services
Provider of sports marketing, entertainment, events and brand licensing services
Sports services
Provider of sports club services
Sports servicesCompanies managing sports events, talent and marketing.

Provider of sports event management and development services
Sports services
Provider of talent management, esports, and brand consultancy services
Sports services
End-to-end software for running events
Sports services
Provider of online running events and community engagement
Event management services
Provider of sports marketing, entertainment, events and brand licensing services
Sports servicesAcademies, coaching and sports management education.

Provider of sports training, consulting, and education services
Sports services
Sports management institute for students offering multiple courses
Sports services
Provider of after-school chess classes
Afterschool programs
Provider of chess coaching and training programs for various skill levels
Sports services
Provider of sports event services
Sports servicesAfter-school programs for sports, chess and athletics.

Provider of after-school chess classes
Afterschool programs
Provider of chess coaching and training programs for various skill levels
Sports services
Provider of sports education programs and athletic infrastructure
Afterschool programs
Sports management institute for students offering multiple courses
Sports servicesSports equipment sellers and sports facility builders.

Franchise of international brand.
Retail chains
Sports infrastructure company transforming sports and entertainment experiences through world-class sporting events and concerts
Sports services
Provider of sports education programs and athletic infrastructure
Afterschool programs
Provider of sports infrastructure development services
Sports equipment
Provider of sports marketing, entertainment, events and brand licensing services
Sports servicesNewer sports services startups in Mumbai.

Provider of video recording services for sports
Sports services
Provider of sports sponsorship and marketing solutions
Sports services
A football academy providing professional coaching to kids and athletes
Sports services
Online platform for sports news, scores, videos, and fantasy game
Sports services
Operator of a loyalty program for fitness enthusiasts and professionals
Sports servicesSports companies that are currently hiring.

Provider of sports training, consulting, and education services
Sports services
Provider of sports services
Sports services
Provider of talent management, esports, and brand consultancy services
Sports servicesHome - Marcos Quay
Sports services
Provider of sports services
Sports servicesThe most-installed Android apps published by sports services companies headquartered in Mumbai — 49.6M installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U51109MH2007PTC176254CIN U92411MH1933PLC002813filed accountsCIN U92120MH2007PTC175522CIN U92100MH1993NPL071488CIN U92412MH2012PTC236177Revenue, profit and growth from the filed annual accounts of 17 sports services companies in Mumbai, Maharashtra for FY24-25 — 21 of the 55 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 90% of the revenue, so medians describe the typical company better than totals.
17 companies filing accounts
0.9% aggregate margin
8 of 17 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
17 companies with accounts for both years; median growth +11%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| YouTooCanRunYOUTOOCANRUN SPORTS MANAGEMENT PRIVATE LIMITED | +127% | ₹10.47 cr |
| CravatexCRAVATEX LIMITED | +55% | ₹14.33 cr |
| Meraki Sport and EntertainmentMERAKI SPORT & ENTERTAINMENT PRIVATE LIMITED | +50% | ₹26.81 cr |
| Indian Super LeagueFOOTBALL SPORTS DEVELOPMENT LIMITED | +40% | ₹507.98 cr |
| The Cricket Club Of IndiaTHE CRICKET CLUB OF INDIA LIMITED | ₹111.99 cr | |
| Procam InternationalPROCAM INTERNATIONAL PRIVATE LIMITED | +10% | ₹140.66 cr |
| Company | Margin | Revenue |
|---|---|---|
| CravatexCRAVATEX LIMITED | 33.9% | ₹14.33 cr |
| Mumbai IndiansINDIAWIN SPORTS PRIVATE LIMITED | 12.2% | ₹697.73 cr |
| Indian Super LeagueFOOTBALL SPORTS DEVELOPMENT LIMITED | 8.9% | ₹507.98 cr |
| YouTooCanRunYOUTOOCANRUN SPORTS MANAGEMENT PRIVATE LIMITED | 5.2% | ₹10.47 cr |
| Meraki Sport and EntertainmentMERAKI SPORT & ENTERTAINMENT PRIVATE LIMITED | 5.2% | ₹26.81 cr |
| The Cricket Club Of IndiaTHE CRICKET CLUB OF INDIA LIMITED | 2.1% | ₹111.99 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Sports services | 16 | ₹1,661.90 cr | ~₹24.8 cr | 44% | 0.6% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Mumbai IndiansINDIAWIN SPORTS PRIVATE LIMITED | ₹697.73 cr | ₹84.81 cr | 12.2% | -5% |
| Indian Super LeagueFOOTBALL SPORTS DEVELOPMENT LIMITED | ₹507.98 cr | ₹45.23 cr | 8.9% | +40% |
| Procam InternationalPROCAM INTERNATIONAL PRIVATE LIMITED | ₹140.66 cr | −₹2.58 cr | -1.8% | +10% |
| The Cricket Club Of IndiaTHE CRICKET CLUB OF INDIA LIMITED | ₹111.99 cr | ₹2.34 cr | 2.1% | |
| Jamshedpur FCJAMSHEDPUR FOOTBALL AND SPORTING PRIVATE LIMITED | ₹54.65 cr | −₹6.57 cr | -12.0% | -8% |
| Garware Club HouseGARWARE CLUB HOUSE | ₹32.77 cr | −₹2.82 cr | -8.6% | -6% |
| India on TrackIOT SPORTING ASPIRATIONS PRIVATE LIMITED | ₹28.74 cr | −₹4.27 cr | -14.8% | -7% |
| Meraki Sport and EntertainmentMERAKI SPORT & ENTERTAINMENT PRIVATE LIMITED | ₹26.81 cr | ₹1.39 cr | 5.2% | +50% |
| TransStadiaSE TRANSSTADIA PRIVATE LIMITED | ₹22.88 cr | −₹63.46 cr | -277.3% | -24% |
| CornerstoneCORNERSTONE SPORT AND ENTERTAINMENT PRIVATE LIMITED | ₹15.41 cr | −₹2.43 cr | -15.8% | -60% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full sports services landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
48 recorded equity rounds have gone to 499 sports services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.
US$0k
US$4.79m
26 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$15.26m across 3 rounds.
Equity rounds over the last five years, 69 sports services companies in Mumbai among 499 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the sports services landscape reports:
AdTech Industry Landscape of Mumbai Auto Industry Landscape of Mumbai Auto Tech Industry Landscape of MumbaiMeet the people behind sports services companies in Mumbai. 28 of 55 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Sports services companies in Mumbai with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Sports servicesOperator of multi-sports tournament

Sports servicesEnd-to-end software for running events

Sports servicesProvider of sports services
Founders
Details not available
Sports servicesProvider of football championship management services
Home - Marcos Quay
Founders
Details not available
Sports servicesProvider of sports event management and development services
₹104.12 cr in FY23-24 · net ₹5.55 cr · +100% since FY2020
Filed consolidated accounts · Fanatic Sports Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹10.47 cr in FY24-25 · net ₹54.22 lakh · +740% since FY2018
Filed standalone accounts · Youtoocanrun Sports Management Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹26.81 cr in FY24-25 · net ₹1.39 cr · +352% since FY2018
Filed standalone accounts · Meraki Sport & Entertainment Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹507.98 cr in FY24-25 · net ₹45.23 cr · +75% since FY2018
Filed standalone accounts · Football Sports Development LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5.33 cr in FY24-25 · net −₹13.99 lakh · -4% since FY2017
Filed standalone accounts · Marcos Quay Sporting Excellence Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹140.66 cr in FY24-25 · net −₹2.58 cr · +92% since FY2018
Filed standalone accounts · Procam International Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Sports services companies in Mumbai founded in the last four years, newest first.
Sports servicesProvider of video recording services for sports
Founders
Details not available
Sports servicesProvider of sports sponsorship and marketing solutions




Sports servicesA football academy providing professional coaching to kids and athletes
Sports servicesOnline platform for sports news, scores, videos, and fantasy game
Founders
Details not available
Sports servicesOperator of a loyalty program for fitness enthusiasts and professionals
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.




Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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