Mumbai Indians, owned by Reliance Industries under the leadership of the Ambani family, have significantly expanded their global cricket footprint. Their latest acquisition is a 49% stake in the Oval Invincibles, a prominent team in England’s The Hundred competition. This move enhances their presence in international franchise cricket, adding to their already impressive portfolio.
Mumbai Indians’ Global Cricket Portfolio:
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Mumbai Indians (IPL & WPL) – India:
- The flagship team, Mumbai Indians, competes in the Indian Premier League (IPL) and the Women’s Premier League (WPL). They are among the most successful franchises in IPL history.
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MI Cape Town – SA20 (South Africa):
- Participating in South Africa’s SA20 league, MI Cape Town represents the franchise’s expansion into the African cricket market.
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MI Emirates – ILT20 (UAE):
- MI Emirates competes in the International League T20 (ILT20) in the United Arab Emirates, furthering the brand’s presence in the Middle East.
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MI New York – Major League Cricket (USA):
- Venturing into the United States, MI New York is part of Major League Cricket, aiming to popularize the sport in North America.
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Oval Invincibles – The Hundred (England):
- The recent acquisition of a 49% stake in the Oval Invincibles marks Mumbai Indians’ entry into England’s The Hundred competition. This strategic move not only diversifies their portfolio but also strengthens their influence in European cricket.
Ownership and Leadership:
Reliance Industries, a conglomerate with diverse business interests, owns the Mumbai Indians franchise through its subsidiary, Indiawin Sports Pvt. Ltd. The Ambani family, led by Mukesh Ambani, has been instrumental in the team’s success and global expansion. Nita Ambani, Mukesh’s wife, has played a significant role in the franchise’s operations and outreach initiatives. Their son, Akash Ambani, has also been actively involved in the team’s management and strategic decisions.
With this latest addition, Mumbai Indians now have a significant presence in six major cricket leagues across the globe, cementing their status as one of the most powerful and influential brands in cricket.
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