Mumbai Indians Acquire 49% Stake in Oval Invincibles in The Hundred
Reliance Industries Limited (RIL), the owners of Mumbai Indians, have expanded their global cricketing portfolio by acquiring a significant stake in the Oval Invincibles in The Hundred. RIL’s subsidiary, RISE Worldwide, secured a 49% stake in both the men’s and women’s teams, while the majority ownership remains with Surrey County Cricket Club (SCCC).
T20 Leagues Expansion Trend
As T20 leagues continue to grow in popularity, several IPL franchises have been venturing into acquiring teams in various leagues across the world. The Mumbai Indians, a dominant force in the Indian Premier League with five championship titles, have been at the forefront of this trend. They have previously acquired teams in the USA (MI New York), South Africa (MI Cape Town), and the UAE (MI Emirates).
The Surrey County Cricket Club has confirmed that RISE Worldwide will hold a 49% stake in the Oval Invincibles, highlighting their optimism about the collaboration’s potential to strengthen their position as a leading franchise in The Hundred. This move comes on the heels of MI Cape Town’s recent title win in the SA20 league, further solidifying Mumbai Indians’ reputation of success in various cricketing competitions.
Success Across Multiple Competitions
The Oval Invincibles, the most successful team in The Hundred, was sold by the England and Wales Cricket Board (ECB) for GBP 123 million. RISE Worldwide’s 49% stake in the team is valued at GBP 60 million. The women’s team has clinched titles in 2021 and 2022, while the men’s team emerged victorious in 2023 and 2024, showcasing their dominance in the league.
Mumbai Indians’ success extends beyond the IPL, with notable victories in other prestigious competitions such as the Women’s Premier League (WPL) 2023, Major League Cricket (2023), ILT20 (2024), and SA20 (2025). The statement from the club proudly mentions that every team in the MI family now holds a winner’s trophy, reflecting their dedication and commitment to excellence over the years.
Excitement from Mumbai Indians Owner
Nita M. Ambani, the owner of Mumbai Indians, expressed her excitement about welcoming Oval Invincibles into their cricket family. She described the partnership as a proud and special moment, marking a new chapter in MI’s global cricketing journey. The expansion of the MI fan base across different regions like India, New York, the UAE, South Africa, and now England is seen as a significant step in their growth.
Looking ahead, Akash Ambani, another key figure in the Mumbai Indians organization, emphasized the importance of collaborating with like-minded partners like Surrey CCC to further elevate the teams, engage with fans, and expand their presence in the sport they are passionate about. Leveraging their global cricket expertise, Mumbai Indians aim to continue their successful legacy and strive for more achievements in the future.
Global Cricketing Influence
With the acquisition of a stake in the Oval Invincibles, Mumbai Indians are further solidifying their position as a global powerhouse in cricket. Their expansion into various T20 leagues around the world not only showcases their financial strength but also their commitment to promoting the sport on a global scale. By investing in teams in different countries, Mumbai Indians are fostering a sense of inclusivity and diversity within the cricketing community, bridging gaps and creating opportunities for players and fans worldwide.
Strategic Partnerships and Brand Building
The collaboration between RISE Worldwide, Mumbai Indians, and Surrey CCC represents a strategic partnership aimed at maximizing the potential of the Oval Invincibles in The Hundred. Through shared resources, expertise, and fan engagement strategies, the teams are poised to reach new heights of success in the league. This partnership not only benefits the teams involved but also contributes to the overall growth and development of cricket as a sport, attracting new audiences and creating a more immersive experience for fans.
Innovation and Adaptability
As the landscape of cricket evolves with the emergence of new formats and leagues, Mumbai Indians’ proactive approach to investing in different teams reflects their adaptability and willingness to embrace change. By diversifying their portfolio and exploring new opportunities in the cricketing world, Mumbai Indians are staying ahead of the curve and positioning themselves as trendsetters in the industry. This forward-thinking mindset allows them to stay relevant and competitive in an ever-changing sporting environment.
Community Engagement and Social Impact
Beyond their on-field achievements, Mumbai Indians are also known for their commitment to community engagement and social impact initiatives. Through their various programs and partnerships, the team is actively involved in promoting cricket at the grassroots level, nurturing young talent, and supporting local communities. By leveraging their global reach and influence, Mumbai Indians are able to make a positive difference in the lives of individuals and contribute to the overall development of the sport.
Future Prospects and Continued Success
As Mumbai Indians continue to expand their presence in different leagues and regions, the future looks promising for the franchise and its associated teams. With a strong foundation of success, a dedicated fan base, and a commitment to excellence, Mumbai Indians are well-positioned to achieve even greater milestones in the years to come. By staying true to their core values of teamwork, passion, and integrity, Mumbai Indians are set to leave a lasting impact on the world of cricket and inspire generations of players and fans along the way.
In conclusion, Mumbai Indians’ acquisition of a stake in the Oval Invincibles represents a significant step in their global cricketing journey, signaling their ambition to expand their influence and continue their legacy of success in the sport. Through strategic partnerships, innovative approaches, and a strong focus on community engagement, Mumbai Indians are setting new standards for excellence in cricket and shaping the future of the game.
