Tiger Global likely to invest $40 million in IPL team Rajasthan Royals : Report2 min read 22 May 2023, 03:48 PM IST
Tiger Global' s investment could be direct or indirect. As per the report Tiger Global may back one of the shareholders in Rajasthan Royals through the capital infusion.
Tiger Global, a investor firm known for their technology-focused investments, are likely to buy stake in Indian Premiere League (IPL) team Rajasthan Royals, according to a report by Economic Times. The firm is likely to invest $40 million in Rajasthan Royals, taking the team' s total valuation to $650 million.