 "Mumbai Indians acquire 49% stake of Oval Invincibles in The Hundred")
Reliance Industries Limited (RIL), the owners of Mumbai Indians (MI), announced on Monday that they have acquired a 49 per cent stake in the Oval Invincibles , a London-based franchise in the England and Wales Cricket Board’s (ECB) The Hundred. RIL informed that they have made a successful bid to partner with Oval Invincibles through its subsidiary, RISE Worldwide.
With the latest acquisition, RIL is set to expand its global footprint in cricket. They already own the Mumbai Indians side in IPL and WPL, MI New York (MLC), MI Cape Town (SA20) and MI Emirates (ILT20).
The completion of the Oval Invincibles transaction is now subject to customary diligence and documentation.
MI remains committed to nurturing young talent
“Cricket is more than just a sport, it’s a passion that unites people across geographies and cultures. Welcoming Oval Invincibles into our Mumbai Indians family is a proud and special moment,” Nita Ambani said. “With this partnership, we expand our MI fan base across India, New York, the UAE, South Africa, and now England – ushering in a new chapter of our global cricketing journey. At Mumbai Indians, we remain deeply committed to nurturing young talent, building champion teams, and bringing fans closer to the game.”
The Oval Invincibles are the current champion of the Men’s Hundred and also won the title in 2023. The women’s team won the title in 2021 and 2022.
“We are glad to be part of Oval Invincibles—the most successful team in The Hundred—and welcome them into the Mumbai Indians family,” Akash Ambani said. “England, with its rich cricketing culture, has always been special to the game. To have the iconic Oval, which has witnessed some of cricket’s greatest moments, as our home venue is truly special. We look forward to collaborating with like-minded partners, Surrey CCC, who share our passion and ethos for the sport. By leveraging our global cricket expertise, we aim to further elevate the teams, engage with fans, and expand our footprint in the sport we love.”
Over 17 years of operation, the Mumbai Indians teams have won 11 league titles worldwide, including five IPL championships, two Champions League trophies, and triumphs in the inaugural WPL and Major League Cricket in 2023, ILT20 in 2024, and SA20 in 2025.
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