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The Economic Times
The Economic Times
National

Singapore's Temasek joins race for a slice of the $18.5 billion IPL

Temasek IPL India Singapore

Mumbai: Temasek is exploring investment opportunities ​in India's booming ​IPL cricket league, a senior executive told ​Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

The Indian Premier League, once ‌the preserve ⁠of ⁠Bollywood stars and Indian tycoons, is increasingly attracting sovereign wealth funds, ​private equity firms and billionaire investors as booming media rights and ​rising team revenues drive franchise values higher.

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