Dais Newsfeed | 26/10/2021 08:59 AM | Click to read full article
The new owner of the Lucknow team is RPSG Group which was established in its current form in 2011. The group has interests in power, carbon black, ITES, consumer retail, media and entertainment, sports, education, infrastructure, and plantations. It had a revenue of Rs 26,634 crore as of March 31, 2021.
On the other hand, private equity firm CVC was established in 1981 and has assets under management worth $125 billion (Rs 94 trillion approx).