Team Srinagar garners highest bid in ISPL

Srinagar, Jan 31: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, today announced the results of the ‘Invitation to Bid’ for Co-Owners of the six city teams.

The enthusiastic response from bidders saw a record of INR 1165 cr. being bid for the six city teams with Akshay Kumar’s Team Srinagar garnering the highest bid of Rs 251 crore from Sanjay Gupta & Rohan Gupta’s SG Sports Pvt. Ltd.

The other winning bids were Rs.225 crore from Venkat K Narayana’s KVN Enterprises LLP for Hrithik Roshan’s Team Bangalore; Rs 205.6 crore from Neeti Agrawal’s PATH India Ltd. for Amitabh Bachchan’s Team Mumbai; Rs 200 cr. from Irfan Razack’s INR Holdings for Ram Charan’s Team Hyderabad; Rs.163.6 cr from Rajdipkumar Gupta & Sandipkumar Gupta for Suriya’s Team Chennai; and Rs 120 cr from Aksha Kamboj’s Aspect Global Ventures Pvt. Ltd. for Saif Ali Khan and Kareena Kapoor’s Team Kolkata.

Master Blaster Sachin Tendulkar, Investor and Core Committee Member, ISPL said, “The Co-Owners will play an important part in realising ISPL’s core vision of encouraging and finding emerging cricketing talent through a professional league format with a tennis ball. I wish them all the best as they embark on this new association with the game.”