Gujarat Titans

About

CVC Capital Partners' 2022 acquisition of this Ahmedabad-based franchise positioned it as a high-growth play within the IPL's expanding middle tier, with valuation appreciation of 27% to $950M reflecting both the team's on-field success (IPL champions in 2022) and India's cricket media rights trajectory—the IPL's most recent domestic media deal (2023-2027) reached $2.55B, supporting the franchise's $95M annual revenue base. The franchise benefits from Gujarat's underserved cricket market, CVC's operational infrastructure, and alignment with the league's infrastructure modernization trend, though competitive parity in T20 cricket limits revenue upside compared to established Mumbai and Delhi franchises. Key value drivers center on international expansion opportunities (ILT20 in UAE launched 2023) and potential monetization of CVC's sports portfolio synergies as the IPL explores additional media partnerships and fan engagement channels.