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JioStar's $500 mn powers IPL into India's top monetized sport
Mint Mumbai
|June 26, 2025
The 2025 IPL season saw participation of over 425 advertisers, including 270 first-time brands
With a staggering 1.19 billion viewers and over 514 billion minutes of watch time, Indian Premier League (IPL) 2025 has set a new benchmark for live sports in India. But behind the record numbers is a strategic gamble that Sanjog Gupta, chief executive—sports and live experiences, JioStar, says goes far beyond cricket.
Speaking at the APOS 2025 summit in Bali, Gupta said the company pumped over $500 million to build a platform-led sports ecosystem, in addition to the rights acquisition costs, over the past 15 years.
"While numbers around acquisition prices for sports rights tend to be thrown around a lot, what at times gets missed is the sheer investment that a network such as ours has made to grow those properties," Gupta said. That cumulative investment across marketing, production and technology over the last decade and a half has crossed half a billion dollars. "That is outside of what we paid for the acquisition of rights."
This story is from the June 26, 2025 edition of Mint Mumbai.
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