Hurun India 500: 5 IPL teams have been included in the list of ‘Hurun India 500’ most valuable companies. The total value of these 5 teams including KKR, CSK is more than ₹ 71,000 crore, which is proof of cricket becoming a big business.
IPL Team Valuation: Cricket has now become not just a game but also a business worth crores. IPL teams have proved this once again. India’s five IPL franchises have made their place in the ‘2025 Burgundy Private Hurun India 500’, the list of the country’s most valuable private companies. This list is jointly prepared by Axis Bank’s private banking divisions ‘Burgundy Private’ and ‘Hurun India’. In this new report, teams like Kolkata Knight Riders, Chennai Super Kings, Royal Challengers Bangalore, Rajasthan Royals and Punjab Kings are standing with the big business groups of India. The total value of these five teams is more than Rs 71,000 crore.
Value and rank of teams
Kolkata Knight Riders (KKR): KKR is the top IPL team in this list. KKR is ranked 270th with a value of Rs 20,850 crore.
Chennai Super Kings (CSK): Chennai is right behind at 285th position with a value of Rs 19,550 crore.
Royal Challengers Bangalore (RCB): RCB is ranked 330th with a value of Rs 16,700 crore.
Rajasthan Royals (RR): Rajasthan is ranked 343rd with a value of Rs 15,700 crore.
Punjab Kings (PBKS): Punjab team is at 390th position with a value of Rs 14,050 crore.
Where does the money come from?
Till now this list was dominated by companies from traditional industries like financial services, energy, health and technology. But now sports is also emerging as a big business. There are many reasons behind the value of IPL teams increasing so rapidly. These include expensive media broadcasting rights, huge fan following of teams, huge sponsorship deals, income from the sale of jerseys and other merchandise and their popularity on digital platforms.
This annual list has been prepared by including the most valuable private and non-government companies of the country on the basis of data till June 30, 2025. This new report is proof that along with traditional industries, new areas like Artificial Intelligence and Sports Business are also strengthening their hold in the corporate world of India.