Gujarat Titans are the latest entrants in the Indian Premier League alongside another franchise Lucknow Supergiants. The franchise came into existence after the CVC Capital Partners made a surprising winning bid in the draft organized by the BCCI ahead of the Indian Premier League 2022.
The new franchise is based in Ahemdabad, hence, they rightly named it Gujarat Titans. They signed the charismatic Indian all-rounder Hardik Pandya in the draft ahead of the mega auctions for the 15th edition of the IPL. The team management also announced Pandya as the skipper of the franchise. Meanwhile, Gujarat Titans also picked the Afghan leggie, Rashid Khan, alongside the Indian youngster Shubman Gill in the draft.
Gujarat Titans created history in the Indian Premier League 2022 by winning the championship in their debut season. They finished at the top of the points table and then went on to win the Qualifier and the Final to become the IPL champions in their first-ever season.
Gujarat Titans Owner Details
|CVC Capital Partners
|Director of Cricket
Who is the owner of Gujarat Titans (GT) in IPL?
The CVC group and the company are the rightful owners of Gujarat Titans in 2022. Established in 1981, the CVC group is a global leader in the private equity vertical. The group has also won multiple awards at the Private Debt Investors Awards and Private Equity International.
The company has a workforce of approximately 700 employees working in various offices across various parts of the globe, including Asia, Europe and North America. Gujarat Titans are a rare entity in the Indian Premier League because the franchise is owned by the CVC group. The Ahemdabad-based franchise is the only IPL team that is not owned by a family or a group of families but by a company.
Gujarat Titans Team Brand Value – How much do Gujarat Titans’ owners earn?
In 2022, Gujarat Titans are the least valuable franchise in the Indian Premier League according to Forbes. The latest report from Forbes has revealed that Gujarat Titans currently have a valuation of $850 million.
However, as they were the entrants, the revenue and operating income of the Titans during the IPL 2022 are yet to be revealed.