Who is Kal Somani? The US entrepreneur leading USD 1.63bn RR buy
Ahead of IPL 2026, Rajasthan Royals have been acquired for $1.63 billion by a consortium led by US entrepreneur Kal Somani, making it a landmark deal. Somani, a tech entrepreneur, is backed by major global investors like Rob Walton and Sheila Ford Hamp. The move highlights growing IPL value, with Somani expressing strong belief in the league’s future potential.