RCB sale: Adar Poonawalla to place ‘strong bid’; confirms plan to buy IPL franchise

Serum Institute of India CEO Adar Poonawalla is preparing a strong bid to acquire the Indian Premier League’s Royal Challengers Bengaluru franchise. This follows Diageo’s decision to put RCB up for sale after their maiden IPL title win in 2025. The franchise, a fan favorite, has a rich history and has seen legendary players grace its ranks.