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Tanishq Champions Gold Exchange Initiative and Unveils 'Mriganka' Collection for this Festive Season

As the festive season draws near, Tanishq, India’s largest jewellery retail brand from the House of Tata, introduces its festive highlight of the season, ‘Mriganka,’ a collection inspired by mythical worlds and imaginative realms. The latest collection is a gateway into the mystical lands and a realm where floating palaces, celestial gardens, and ethereal creatures come alive in gold. Inspired by India’s age-old love for storytelling and symbolism, each piece in Mriganka is a poetic tribute to the festive spirit. Bringing this world to life is former Miss World and actor Manushi Chhillar, who perfectly embodies the spirit of Mriganka — bold, imaginative, and strikingly otherworldly.

 

Tanishq’s Mriganka festive collection, featuring Manushi Chhillar, celebrates mythical worlds and imaginative realms, alongside the Tanishq Gold Exchange offer

 

Inspired by mythical creatures and fantastical blooms, Mriganka is crafted to be as spectacular as imagination, as sublime as dreams. Crafted using advanced techniques such as stone-on-stone jadau, Badroom, Chandak, Ras Rava, and intricate jaali layering, the collection features an eclectic mix of coloured kundan, enamel detailing & 3D motifs. Each piece a portal that transports the wearer into the fantastical world of Mriganka, where myth and artistry entwine. Whether it’s cascading harams echoing the grandeur of a palace, statement rings inspired by mythical creatures, or versatile pendant sets designed for multiple styles, Tanishq’s Mriganka offers a diverse yet cohesive experience, reimagining festive jewellery for the modern Indian woman. 


To bring the festive cheer, the first time ever, Tanishq is offering consumers a 0%* deduction on gold exchange across all karatages (as low as 9 KT) till October 21, 2025, making it easier for every Indian to participate in this nation-building effort.Tanishq is also spearheading one of the country’s largest gold exchange campaigns, championing India’s journey towards self-reliance. While India’s true gold reserves lie not in mines but in households estimated to hold around 25,000 tonnes of gold—much of this wealth remains untapped. At the same time, nearly 99% of the country’s gold is imported each year, creating a dependence that slows the nation’s vision of self-reliance. Through this initiative, Tanishq encourages families to unlock the value of their existing gold, transforming it into contemporary designs while collectively reducing the need for imports. To reinforce this vision, Tanishq has partnered with Sachin Tendulkar, a symbol of trust and integrity, to represent the movement’s core values and inspire every Indian to participate in this transformative effort.


Ajoy Chawla, CEO, Jewellery Division, Titan Company Limited, said, “Every time a family exchanges even one gram of old locker gold, they not only unlock value for themselves but also contribute to the nation by reducing imports. That is the power of gold exchange—personal joy with a national impact. With our first-ever 0% deduction offer across karatages (even as low as 9kt) this festive season, we are making it easier for every Indian to participate in the vision of making our nation self-reliant.


Speaking about the collection, Revathi Kant, Chief Design Officer, Titan Company Limited, said “At the onset of the festive season, we are delighted to introduce ‘Mriganka’ an opulent celebration of imaginative world of our dreams, painted with the rich heritage of our Indian stories and tales. This collection is set in the magical land, where majestic palaces peek through clouds, mystical beings of exquisite beauty, and rare exotic blooms come alive in gold. Every piece is infused with mystical charm, crafted with intricate artistry; from high-brilliance of Kundan, coloured stones and accents of enamel, to sculptural 3D forms and layered textures — help capture the beauty of this magical world in products that are bold, expressive, and fashion-forward in spirit. It is only through Tanishq’s deep design expertise, legacy of intricate craftsmanship, and creative vision that a fantastical universe like Mriganka can be transformed into wearable works of art. With this collection, we offer our consumers not just jewellery, but an invitation into a world of wonder; one that elevates the festive experience with joy, beauty, and awe. Mriganka is imagined from another realm, created to delight the senses and celebrate the many moods of modern festivity.” 

 

About Tanishq
Tanishq, India’s most-loved jewellery brand from the TATA Group, has been synonymous with superior craftsmanship, exclusive designs and guaranteed product quality for over two decades. It has built for itself the envious reputation of being the only jewellery brand in the country that strives to understand the Indian woman and provide her with jewellery that meets her traditional and contemporary aspirations and desires. To stress on their commitment to offer the purest jewellery, all Tanishq stores are equipped with the Karatmeter which enables customers to check the purity of their gold in the most efficient manner. The Tanishq retail chain currently spreads across 500+ exclusive boutiques in more than 300 cities. 

Ai+ Smartphone Unveils Sparkle Red: A Bold New Shade for the Festive Season

Ai+ Smartphone from NxtQuantum Shift Technologies has unveiled a new Sparkle Red colour edition across its Pulse and Nova 5G models. Inspired by the vibrance of India’s festive season, the new color brings a bold, high-energy aesthetic to the Ai+ smartphone range, reflecting the confidence and individuality of its users.

 

Sparkle Red

 

“The Sparkle Red edition reflects what Ai+ Smartphone stands for: individuality, purpose, and performance that lasts,” said Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum Shift Technologies. “Our mission is to build technology that inspires confidence and puts control back in the hands of Indian users, combining beautiful design with uncompromising trust.”

 

Powered by NxtQuantum OS, India’s first sovereign mobile operating system, Ai+ Smartphone ensures users have complete control over their personal data. Every device comes with the NxtPrivacy Dashboard, a real-time privacy control center that shows which apps are accessing your camera, mic, gallery, or location and allows users to revoke access instantly. With no hidden trackers or bloatware, all data is securely stored within India.

 

Key Highlights

  • New Sparkling Red Color: A premium, high-gloss red with luminous metallic undertones – inspired by the vibrancy and warmth of India’s festive palette.

  • Performance: Powered by T615 (Pulse) and T8200 (Nova) chipsets for smooth, efficient multitasking.

  • Display: 6.7” HD+ screen with 90Hz (Pulse) and 120Hz (Nova) refresh rates.

  • Camera: 50MP AI-powered dual camera system for detailed, vibrant images.

  • Battery: 5000mAh all-day battery with fast charging support.

  • Storage: Up to 8GB RAM and 128GB storage, expandable up to 1TB.

  • Software: NxtQuantum OS with the built-in NxtPrivacy Dashboard, focus modes, and a zero-ads interface.

 

The Sparkle Red edition joins Ai+ smartphone’s existing color range (Black, Blue, Green, Purple, Pink), and will be available from October 15, 2025, on Flipkart and over 12,000 retail outlets, at price parity with existing models – ₹4,999 for Ai+ Pulse and ₹6,999 for Ai+ Nova 5G.

 

This  new color launch underscores Ai+ Smartphone’s ongoing commitment to user choice, design excellence, and trust-building in the Indian market.  The brand continues to set itself apart by combining vibrant design with India-centric privacy features and robust performance.

 

About Ai+ Smartphone

Ai+ Smartphone is a next-generation brand built in India to deliver reliable, high-performance mobile experiences. Powered by NxtQuantum OS, India’s first sovereign mobile operating system, Ai+ combines clean design, long battery life, and trusted software performance at accessible price points.

 

About NxtQuantum Shift Technologies

NxtQuantum Shift Technologies is a deep-tech Indian company building secure, sovereign digital platforms for the mobile-first world. Founded by Madhav Sheth, the company develops NxtQuantum OS, India’s first sovereign mobile operating system, and is committed to building technology that is authored in India and globally competitive.

D and P Advisory Curates 'Beyond 22 Yards – 'The Power of Platforms, The Price of Regulation'– an IPL & WPL Valuation Report for the year 2025'

  • For the first time in its history, the IPL has faced two consecutive years of ecosystem valuation decline—from IND 92,500 crore in 2023 to IND 82,700 crore in 2024, and further down to IND 76,100 crore in 2025.

  • The drivers of this contraction are structural. The consolidation of media rights under JioStar has ended the competitive tension that once fuelled “auction fever.” Meanwhile, the sweeping ban on Real Money Gaming (RMG) advertising and sponsorship has removed IND 1,500–2,000 crore of annual spend from the ecosystem, leaving a visible void across broadcaster revenues, franchise partnerships, and fan-engagement activations. 

  • These twin shocks—the collapse of rivalry in media rights and the exit of the IPL’s most aggressive sponsor category—mark a reset for the league’s business model.

  • Compared to the previous edition, the WPL ecosystem’s value has decreased from INR 1,350 Cr to 1,275 Cr, marking a 5.6% decline. In USD terms, this translates from USD 160 million to USD 148 million, reflecting an approximate 7.5% drop.

  • Royal Challengers Bangalore (RCB) finally ended their title drought in IPL 2025, lifting the trophy for the first time and instantly reinforcing their position as the league’s strongest brand.

 

D and P Advisory, a provider of consulting, advisory, and valuation services, today launched ‘Beyond 22 Yards – ‘The Power of Platforms, The Price of Regulation’, an IPL & WPL Valuation Report for the year 2025.

 

This has been a landmark year for the IPL, one that combined sporting drama with structural disruption. The season reminded us why the IPL remains the most-watched cricket league in the world, drawing over one billion viewers across TV and digital platforms, with digital audiences now surpassing television for the first time.

 

If the IPL is grappling with maturity and recalibration, the WPL is still in its growth arc. In its third season, the league has proven that women’s cricket is no longer an experiment but a premier sporting platform in its own right. Stadiums were filled across expanded venues, with travel data showing surges in bookings to WPL host cities during match windows. Television ratings jumped by ~150% year-on-year, and digital viewership grew by ~70%, in the opening game of WPL 2025. The overall Television viewership increased by ~142% year on year, making the WPL one of India’s fastest-growing broadcast properties.

 

IPL Ecosystem Valuation

According to the report by D and P Advisory, for the first time in its history, the IPL ecosystem has recorded two consecutive years of valuation decline. The overall value dropped from IND 92,500 crore in 2023 to IND 82,700 crore in 2024 (≈ -10.6%) and has now further contracted to IND 76,100 crore in 2025 (≈ -8.0%). In USD terms, the ecosystem has slid from USD 11.2 billion in 2023 to USD 9.9 billion in 2024, and now to USD 8.8 billion in 2025.

 

Brand

2024

2025

% Change

Value of IPL Ecosystem (INR Crore)

82,700

76,100

-8.0%

Value of IPL Ecosystem (USD Billion)

9.9

8.8

-10.9%

 

 

 

 

 

 

 

 

https://www.newsvoir.com/images/article/image1/33512_D&P_IPL_Valuation_2025.jpg

IPL Ecosystem Valuation

 

There are 2 drivers responsible for this contraction-

A Plateau Triggered by Media Rights Consolidation in 2024

The first decline came in 2024, when the Disney Star–Viacom18 merger created JioStar, consolidating IPL’s television and digital rights under one roof. This eliminated the fierce two-horse race that had driven rights inflation and “auction fever” in prior cycles. While the league still drew record audiences, the prospect of a monopolised rights market signaled lower escalation in future auctions. The valuation dip was therefore interpreted as a plateauing of growth after years of steep climb.

 

A Structural Shock from the RMG Ban in 2025

The 2025 decline is sharper in its commercial impact and more structural in nature. Fantasy and gaming platforms had become the IPL’s most aggressive advertiser cohort, contributing IND 1,500–2,000 crore annually across league, franchise, and broadcaster deals. With the Promotion & Regulation of Online Gaming Act 2025 banning money-game advertising and sponsorship, this entire revenue stream has vanished

 

According to Santosh N, Managing Partner of D and P Advisory, despite the contractions discussed above, IPL fundamentals remain resilient because of the following reasons-

  • Over one billion viewers in 2025, with digital audience now surpassing TV.

  • Engagement strengthened by regional language streams, connected TV adoption, and interactive formats.

 

However, Santosh reiterates that the growth model is shifting. With auction-driven surges less likely, future valuations will depend on:

  • Diversified sponsor bases (auto, fintech 2.0, healthcare, esports),

  • New monetisation models (subscription bundles, regional packages, commerce integrations), and

  • Entry of global tech players (Netflix, Amazon, Apple) to restore competitive tension in rights auctions.

 

The IPL has moved from an era of competitive escalation into one of structural recalibration. The challenge ahead is to replace volatile categories with more stable, diversified value streams — ensuring that India’s premier sports league continues to compound sustainably, even without auction fever or RMG-fueled spend.

 

WPL Ecosystem Valuations 

Compared to the previous edition, the WPL ecosystem’s value has decreased from INR 1,350 Cr to 1,275 Cr, marking a 5.6% decline. In USD terms, this translates from USD 160 million to USD 148 million, reflecting an approximate 7.5% drop.

 

Brand

2024

2025

% Change

Value of WPL Ecosystem (INR Crore)

1,350.0

1,275.0

-5.6%

Value of WPL Ecosystem (USD Million)

160.0

148.0

-7.5%

 

 

 

 

 

 

 

https://www.newsvoir.com/images/article/image2/33512_dandP_advisore_image_2.jpg

WPL Ecosystem Valuation

 

A drop in value is expected because of the same headwinds that are affecting IPL – a shifting broadcast landscape after the Disney Star-Viacom 18 merger and the ban on real-money gaming platforms, which might weigh heavily on sponsorship inflows.

 

According to Santosh, in 2025, WPL teams are increasingly focusing on broader community-driven campaigns and innovative digital engagement. WPL is also driving conversations around inclusivity, representation, and empowerment, while creating new opportunities for women athletes to build sustainable careers.

 

The report goes on to emphasise that the two leagues reveal the new economics of cricket. Scale and reach are no longer in doubt—the IPL and WPL together draw well over a billion viewers, fill stadiums, and dominate cultural conversations. What is in flux is the architecture of value: who pays, how much, and under what conditions. The forces of platform consolidation and regulatory intervention have rewritten the rules of the game. The challenge now is to re-engineer revenue streams; nurture diversified sponsor bases and leverage digital innovation to sustain long-term compounding.

 

If the past decade was about breaking records, the coming decade will be about building resilience. Cricket in India is no longer just a sport; it is a platform economy shaped by audiences, technology, and policy. Those who adapt to this reality will define the next chapter—not just in valuations, but in cultural and economic impact far beyond 22 yards.

 

Royal Challengers Bangalore (RCB) finally ended their title drought in IPL 2025, lifting the trophy for the first time and instantly reinforcing their position as the league’s strongest brand.

 

The report also carries insightful inputs from prominent personalities from the field of cricket including Harsha Bhogle (Leading Commentator from India), Satyam Trivedi (CEO of GMR Sports) and James Howlett (Representing Emerging Media Ventures, the majority owners of Rajasthan Royals). Harsha Bhogle shares his thoughts on the IPL & WPLs future, its impact on Indian society, the shifting dynamics of franchise loyalty, and the league’s role in shaping cricket’s global narrative. James and Satyam shares insights on the ownership model, the shifting IPL media and sponsorship landscape, the rise of women’s cricket, and how the Royals and Delhi Capitals respectively are shaping their long-term identity and global journey.

KL Rahul and SKY Join Hands with The PEDIGREE® Brand in India to Raise Awareness on Science Backed Pet Food

  • The new influencer films by the PEDIGREE® brand in India, featuring popular cricketers, aims to educate pet parents about the importance of balanced nutrition for dogs, as part of the brand campaign ‘Love Them Like Family, Feed Them Like Dogs.’

  • The influencer films highlight the nutritional value of the PEDIGREE adult dry dog food of which, daily serving provides protein of 8 chicken livers, the calcium of 9 cups of milk, and the Vitamin E of 64 carrots.

  • Insights from a vet survey by Eval360 revealed that Indian parents are keen to learn about pet nutrition but lack the awareness.

 

India’s leading dog food brand PEDIGREE® from Mars Petcare has joined forces with India’s most admired cricketers KL Rahul and Suryakumar Yadav (SKY) for their ongoing campaign that raises awareness about the complete and balanced nutritional needs of dogs.

 

https://www.newsvoir.com/images/article/image1/33504_marsIncorporation%20_image.png

New & Improved Pedigree with a new multi-grain mix and gut-friendly ingredients

 

Featuring KL Rahul and SKY the influencer films draw comparisons to show how a daily serving of the PEDIGREE adult dry dog food provides the nutrition equivalent to protein of 8 chicken livers, the calcium of 9 cups of milk, and the vitamin E of 64 carrots. It highlights the importance of providing dogs with proper, science-backed appropriate nutrition. With this campaign, the PEDIGREE brand in India has unveiled the New & Improved product that comes with a new multi-grain mix and gut friendly ingredients. This ia coupled with a refreshed pack bringing sharper focus to front of the pack with dogs’ daily nutritional needs, underlining the PEDIGREE brand’s long-standing belief that feeding right is the purest expression of love.

 

This builds on Mars Petcare’s broader campaign, “Love Them Like Family, Feed Them Like Dogs” designed to help Indian pet parents make the shift from emotional feeding to informed feeding. Through this film, PEDIGREE® reinforces its role as a trusted partner in raising healthier and happier pets.

 

 

Kl Rahul & SKY’s Secret To 100% Nutrition For Their Dogs!

 

YouTube Link

 

The campaign draws insights from a nationwide veterinary survey. The survey revealed that 90% of the vets recommend packaged food for balanced nutrition and 86% state that feeding certain human food can cause nutritional imbalance and toxicity. Over 70% of vets reported better weight control, 66% noted improved energy, and 61% observed fewer digestive issues when pets transitioned to science backed packaged food.

 

Commenting on the new campaign, Ayesha Huda, Chief Marketing Officer, Mars Petcare India, said, “ India is witnessing a transformative shift in pet ownership, led by Gen Z and millennials who view their dogs not just as pets but as a cherished family. Profound love is undeniable, yet a significant gap persists in understanding dogs’ nutritional needs that are distinctively different from our own. Our new film and the new & improved product and packaging are a direct extension of our campaign ‘Love them like family, feed them like dogs.’ It reinforces how our science backed packaged food provides the nutritional requirement while also celebrating the depth of care and love pet parents share with their furry companions.”

 

On the launch of the influencer films, KL Rahul, Indian Cricketer, said, “As a pet parent, I know the love we have for our dogs, and it is the right nutrition that keeps them healthy and active. This campaign is a powerful platform to communicate on the importance of adequate care & precise nutrition for our beloved pets’ good health.”

 

Suryakumar Yadav, who is represented by RISE Worldwide, said “As someone who has been around dogs, I know the joy and love they bring into our lives. Just like athletes need the right nutrition to perform at their best, our pets also need balanced food to stay healthy and happy. Through this association, I’m glad to spread this message and help pet parents give their furry friends the right start every day.”

 

For more information about Mars, please visit www.mars.com. Join us on Facebook, Instagram, LinkedIn and YouTube.

Dr. Sara George Muthoot Receives Lifetime Achievement Award

Dr. Sara George Muthoot, Director of St. George’s School and Paul George Global School, New Delhi has been honoured with the Lifetime Achievement Award by Helping Gurus. Helping Gurus is an organisation dedicated to transforming India’s K-12 education ecosystem through a network of over 10,000 schools. It recognises and supports individuals and institutions that are driving innovation, inclusion and excellence in education.

 

Dr. Sara George Muthoot receiving the Lifetime Achievement Award from Ambassador Deepak Vohra, Former Indian Diplomat and Special Advisor, at a ceremony held in New Delhi

 

The honour was presented to Dr. Sara George Muthoot by Ambassador Deepak Vohra, Former Indian Diplomat and Special Advisor in Bharat and Africa who lauded her as a visionary educator whose work shapes young minds with compassion, purpose and integrity.

 

Since 1982, Dr. Sara George Muthoot has led St. George’s School, and since 2015, Paul George Global School, transforming the lives of more than 100,000 students and 1,000 teachers. Under her leadership, both institutions have built a culture of holistic learning that encourages academic excellence while nurturing empathy, discipline and character.

 

Beyond academics, Dr. Sara George has been a tireless advocate for women’s empowerment and child welfare, championing initiatives that provide education and opportunities to underprivileged communities. Her work reflects her long-standing values of compassion, integrity, and service to society.

 

Her earlier recognitions, including honours from NASA’s Kennedy Space Centre, highlight her global standing in the field of education. However, her true legacy lies in the countless young lives she has inspired through her dedication to nurturing not just knowledge, but values that help build a stronger and more compassionate society.

 

Speaking on the recognition, Dr. Sara George Muthoot said, “This honour is deeply humbling. Education, for me, has always been about nurturing both knowledge and values and empowering young minds to become compassionate and responsible citizens. I dedicate this recognition to every educator and student who has been part of this incredible journey.”

Ai+ Smartphone Unveils Sparkle Red: A Bold New Shade for the Festive Season

Ai+ Smartphone from NxtQuantum Shift Technologies has unveiled a new Sparkle Red colour edition across its Pulse and Nova 5G models. Inspired by the vibrance of India’s festive season, the new color brings a bold, high-energy aesthetic to the Ai+ smartphone range, reflecting the confidence and individuality of its users.

Sparkle Red

“The Sparkle Red edition reflects what Ai+ Smartphone stands for: individuality, purpose, and performance that lasts,” said Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum Shift Technologies. “Our mission is to build technology that inspires confidence and puts control back in the hands of Indian users, combining beautiful design with uncompromising trust.”

Powered by NxtQuantum OS, India’s first sovereign mobile operating system, Ai+ Smartphone ensures users have complete control over their personal data. Every device comes with the NxtPrivacy Dashboard, a real-time privacy control center that shows which apps are accessing your camera, mic, gallery, or location and allows users to revoke access instantly. With no hidden trackers or bloatware, all data is securely stored within India.

Key Highlights

  • New Sparkling Red Color: A premium, high-gloss red with luminous metallic undertones – inspired by the vibrancy and warmth of India’s festive palette.

  • Performance: Powered by T615 (Pulse) and T8200 (Nova) chipsets for smooth, efficient multitasking.

  • Display:6.7″ HD+ screen with 90Hz (Pulse) and 120Hz (Nova) refresh rates.

  • Camera:50MP AI-powered dual camera system for detailed, vibrant images.

  • Battery:5000mAh all-day battery with fast charging support.

  • Storage: Up to 8GB RAM and 128GB storage, expandable up to 1TB.

  • Software:NxtQuantum OS with the built-in NxtPrivacy Dashboard, focus modes, and a zero-ads interface.

The Sparkle Red edition joins Ai+ smartphone’s existing color range (Black, Blue, Green, Purple, Pink), and will be available from October 15, 2025, on Flipkart and over 12,000 retail outlets, at price parity with existing models – ₹4,999 for Ai+ Pulse and ₹6,999 for Ai+ Nova 5G.

This new color launch underscores Ai+ Smartphone’s ongoing commitment to user choice, design excellence, and trust-building in the Indian market. The brand continues to set itself apart by combining vibrant design with India-centric privacy features and robust performance.

About Ai+ Smartphone

Ai+ Smartphone is a next-generation brand built in India to deliver reliable, high-performance mobile experiences. Powered by NxtQuantum OS, India’s first sovereign mobile operating system, Ai+ combines clean design, long battery life, and trusted software performance at accessible price points.

About NxtQuantum Shift Technologies

NxtQuantum Shift Technologies is a deep-tech Indian company building secure, sovereign digital platforms for the mobile-first world. Founded by Madhav Sheth, the company develops NxtQuantum OS, India’s first sovereign mobile operating system, and is committed to building technology that is authored in India and globally competitive.

D and P Advisory Curates ‘Beyond 22 Yards – ‘The Power of Platforms, The Price of Regulation’- an IPL & WPL Valuation Report for the year 2025′

  • For the first time in its history, the IPL has faced two consecutive years of ecosystem valuation decline-from IND 92,500 crore in 2023 to IND 82,700 crore in 2024, and further down to IND 76,100 crore in 2025.

  • The drivers of this contraction are structural. The consolidation of media rights under JioStar has ended the competitive tension that once fuelled “auction fever.” Meanwhile, the sweeping ban on Real Money Gaming (RMG) advertising and sponsorship has removed IND 1,500-2,000 crore of annual spend from the ecosystem, leaving a visible void across broadcaster revenues, franchise partnerships, and fan-engagement activations.

  • These twin shocks-the collapse of rivalry in media rights and the exit of the IPL’s most aggressive sponsor category-mark a reset for the league’s business model.

  • Compared to the previous edition, the WPL ecosystem’s value has decreased from INR 1,350 Cr to 1,275 Cr, marking a 5.6% decline. In USD terms, this translates from USD 160 million to USD 148 million, reflecting an approximate 7.5% drop.

  • Royal Challengers Bangalore (RCB) finally ended their title drought in IPL 2025, lifting the trophy for the first time and instantly reinforcing their position as the league’s strongest brand.

D and P Advisory, a provider of consulting, advisory, and valuation services, today launched ‘Beyond 22 Yards – ‘The Power of Platforms, The Price of Regulation’, an IPL & WPL Valuation Report for the year 2025.

This has been a landmark year for the IPL, one that combined sporting drama with structural disruption. The season reminded us why the IPL remains the most-watched cricket league in the world, drawing over one billion viewers across TV and digital platforms, with digital audiences now surpassing television for the first time.

If the IPL is grappling with maturity and recalibration, the WPL is still in its growth arc. In its third season, the league has proven that women’s cricket is no longer an experiment but a premier sporting platform in its own right. Stadiums were filled across expanded venues, with travel data showing surges in bookings to WPL host cities during match windows. Television ratings jumped by ~150% year-on-year, and digital viewership grew by ~70%, in the opening game of WPL 2025. The overall Television viewership increased by ~142% year on year, making the WPL one of India’s fastest-growing broadcast properties.

IPL Ecosystem Valuation

According to the report by D and P Advisory, for the first time in its history, the IPL ecosystem has recorded two consecutive years of valuation decline. The overall value dropped from IND 92,500 crore in 2023 to IND 82,700 crore in 2024 (≈ -10.6%) and has now further contracted to IND 76,100 crore in 2025 (≈ -8.0%). In USD terms, the ecosystem has slid from USD 11.2 billion in 2023 to USD 9.9 billion in 2024, and now to USD 8.8 billion in 2025.

Brand

2024

2025

% Change

Value of IPL Ecosystem (INR Crore)

82,700

76,100

-8.0%

Value of IPL Ecosystem (USD Billion)

9.9

8.8

-10.9%

https://www.newsvoir.com/images/article/image1/33512_D&P_IPL_Valuation_2025.jpg

IPL Ecosystem Valuation

There are 2 drivers responsible for this contraction-

A Plateau Triggered by Media Rights Consolidation in 2024

The first decline came in 2024, when the Disney Star-Viacom18 merger created JioStar, consolidating IPL’s television and digital rights under one roof. This eliminated the fierce two-horse race that had driven rights inflation and “auction fever” in prior cycles. While the league still drew record audiences, the prospect of a monopolised rights market signaled lower escalation in future auctions. The valuation dip was therefore interpreted as a plateauing of growth after years of steep climb.

A Structural Shock from the RMG Ban in 2025

The 2025 decline is sharper in its commercial impact and more structural in nature. Fantasy and gaming platforms had become the IPL’s most aggressive advertiser cohort, contributing IND 1,500-2,000 crore annually across league, franchise, and broadcaster deals. With the Promotion & Regulation of Online Gaming Act 2025 banning money-game advertising and sponsorship, this entire revenue stream has vanished

According to Santosh N, Managing Partner of D and P Advisory, despite the contractions discussed above, IPL fundamentals remain resilient because of the following reasons-

  • Over one billion viewers in 2025, with digital audience now surpassing TV.

  • Engagement strengthened by regional language streams, connected TV adoption, and interactive formats.

However, Santosh reiterates that the growth model is shifting. With auction-driven surges less likely, future valuations will depend on:

  • Diversified sponsor bases (auto, fintech 2.0, healthcare, esports),

  • New monetisation models (subscription bundles, regional packages, commerce integrations), and

  • Entry of global tech players (Netflix, Amazon, Apple) to restore competitive tension in rights auctions.

The IPL has moved from an era of competitive escalation into one of structural recalibration. The challenge ahead is to replace volatile categories with more stable, diversified value streams – ensuring that India’s premier sports league continues to compound sustainably, even without auction fever or RMG-fueled spend.

WPL Ecosystem Valuations

Compared to the previous edition, the WPL ecosystem’s value has decreased from INR 1,350 Cr to 1,275 Cr, marking a 5.6% decline. In USD terms, this translates from USD 160 million to USD 148 million, reflecting an approximate 7.5% drop.

Brand

2024

2025

% Change

Value of WPL Ecosystem (INR Crore)

1,350.0

1,275.0

-5.6%

Value of WPL Ecosystem (USD Million)

160.0

148.0

-7.5%

https://www.newsvoir.com/images/article/image2/33512_dandP_advisore_image_2.jpg

WPL Ecosystem Valuation

A drop in value is expected because of the same headwinds that are affecting IPL – a shifting broadcast landscape after the Disney Star-Viacom 18 merger and the ban on real-money gaming platforms, which might weigh heavily on sponsorship inflows.

According to Santosh, in 2025, WPL teams are increasingly focusing on broader community-driven campaigns and innovative digital engagement. WPL is also driving conversations around inclusivity, representation, and empowerment, while creating new opportunities for women athletes to build sustainable careers.

The report goes on to emphasise that the two leagues reveal the new economics of cricket. Scale and reach are no longer in doubt-the IPL and WPL together draw well over a billion viewers, fill stadiums, and dominate cultural conversations. What is in flux is the architecture of value: who pays, how much, and under what conditions. The forces of platform consolidation and regulatory intervention have rewritten the rules of the game. The challenge now is to re-engineer revenue streams; nurture diversified sponsor bases and leverage digital innovation to sustain long-term compounding.

If the past decade was about breaking records, the coming decade will be about building resilience. Cricket in India is no longer just a sport; it is a platform economy shaped by audiences, technology, and policy. Those who adapt to this reality will define the next chapter-not just in valuations, but in cultural and economic impact far beyond 22 yards.

Royal Challengers Bangalore (RCB) finally ended their title drought in IPL 2025, lifting the trophy for the first time and instantly reinforcing their position as the league’s strongest brand.

The report also carries insightful inputs from prominent personalities from the field of cricket including Harsha Bhogle (Leading Commentator from India), Satyam Trivedi (CEO of GMR Sports) and James Howlett (Representing Emerging Media Ventures, the majority owners of Rajasthan Royals). Harsha Bhogle shares his thoughts on the IPL & WPLs future, its impact on Indian society, the shifting dynamics of franchise loyalty, and the league’s role in shaping cricket’s global narrative. James and Satyam shares insights on the ownership model, the shifting IPL media and sponsorship landscape, the rise of women’s cricket, and how the Royals and Delhi Capitals respectively are shaping their long-term identity and global journey.

KL Rahul and SKY Join Hands with The PEDIGREE Brand in India to Raise Awareness on Science Backed Pet Food

  • The new influencer films by the PEDIGREE brand in India, featuring popular cricketers, aims to educate pet parents about the importance of balanced nutrition for dogs, as part of the brand campaign ‘Love Them Like Family, Feed Them Like Dogs.’

  • The influencer films highlight the nutritional value of the PEDIGREE adult dry dog food of which, daily serving provides protein of 8 chicken livers, the calcium of 9 cups of milk, and the Vitamin E of 64 carrots.

  • Insights from a vet survey by Eval360 revealed that Indian parents are keen to learn about pet nutrition but lack the awareness.

India’s leading dog food brand PEDIGREE from Mars Petcare has joined forces with India’s most admired cricketers KL Rahul and Suryakumar Yadav (SKY) for their ongoing campaign that raises awareness about the complete and balanced nutritional needs of dogs.

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New & Improved Pedigree with a new multi-grain mix and gut-friendly ingredients

Featuring KL Rahul and SKY the influencer films draw comparisons to show how a daily serving of the PEDIGREE adult dry dog food provides the nutrition equivalent to protein of 8 chicken livers, the calcium of 9 cups of milk, and the vitamin E of 64 carrots. It highlights the importance of providing dogs with proper, science-backed appropriate nutrition. With this campaign, the PEDIGREE brand in India has unveiled the New & Improved product that comes with a new multi-grain mix and gut friendly ingredients. This ia coupled with a refreshed pack bringing sharper focus to front of the pack with dogs’ daily nutritional needs, underlining the PEDIGREE brand’s long-standing belief that feeding right is the purest expression of love.

This builds on Mars Petcare’s broader campaign, “Love Them Like Family, Feed Them Like Dogs” designed to help Indian pet parents make the shift from emotional feeding to informed feeding. Through this film, PEDIGREE reinforces its role as a trusted partner in raising healthier and happier pets.

Kl Rahul & SKY’s Secret To 100% Nutrition For Their Dogs!

YouTube Link

The campaign draws insights from a nationwide veterinary survey. The survey revealed that 90% of the vets recommend packaged food for balanced nutrition and 86% state that feeding certain human food can cause nutritional imbalance and toxicity. Over 70% of vets reported better weight control, 66% noted improved energy, and 61% observed fewer digestive issues when pets transitioned to science backed packaged food.

Commenting on the new campaign, Ayesha Huda, Chief Marketing Officer, Mars Petcare India, said, ” India is witnessing a transformative shift in pet ownership, led by Gen Z and millennials who view their dogs not just as pets but as a cherished family. Profound love is undeniable, yet a significant gap persists in understanding dogs’ nutritional needs that are distinctively different from our own. Our new film and the new & improved product and packaging are a direct extension of our campaign ‘Love them like family, feed them like dogs.’ It reinforces how our science backed packaged food provides the nutritional requirement while also celebrating the depth of care and love pet parents share with their furry companions.”

On the launch of the influencer films, KL Rahul, Indian Cricketer, said, “As a pet parent, I know the love we have for our dogs, and it is the right nutrition that keeps them healthy and active. This campaign is a powerful platform to communicate on the importance of adequate care & precise nutrition for our beloved pets’ good health.”

Suryakumar Yadav, who is represented by RISE Worldwide, said “As someone who has been around dogs, I know the joy and love they bring into our lives. Just like athletes need the right nutrition to perform at their best, our pets also need balanced food to stay healthy and happy. Through this association, I’m glad to spread this message and help pet parents give their furry friends the right start every day.”

For more information about Mars, please visit www.mars.com. Join us on Facebook, Instagram, LinkedIn and YouTube.

Mumbai Indians extend Mighty Indians IP with 3D Webisodes and More

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Mumbai Indians today announced the launch of Season 2 of Mighty Indians with an all-new slate of 20+ 3D webisodes, expanding the animated superhero universe built around the franchise’s iconic players.

 

L-R: Will Jacks, Deepak Chahar, Rohit Sharma, Hardik Pandya, Jasprit Bumrah, Suryakumar Yadav, Tilak Varma and Trent Boult in animated Might Indians Avatar

 

The rich character assets and visual storytelling are translating to commercial partnerships across product categories such as toys, apparel, school supplies, publishing and collectibles. Early prototypes of merchandise have received an enthusiastic response, and formal brand collaborations are being explored. 

 

Building on the momentum and widespread fan engagement from Season 1, the IP returns with richer storytelling, high-quality 3D animation, and deeper character arcs — all brought to life by Green Gold Animation, India’s leading animation studio and creators of Chhota Bheem.

 

Created by Mumbai Indians in partnership with Burman Sports, the exclusive commercial and production rights holders, and Green Gold Animation, Mighty Indians transforms star cricketers Rohit Sharma, Hardik Pandya, Jasprit Bumrah, Suryakumar Yadav, Tilak Varma, Deepak Chahar, Will Jacks, and Trent Boult into a team of animated superheroes, each with a unique origin story, power, and purpose.

 

With over 47.5 million views generated through 20+ episodes, promos, and short-form edits across formats, Mighty Indians has grown into one of the most-watched and talked-about crossover IPs in Indian sports entertainment.

 

To create an impact on-ground, 12-foot superhero statues of the Mighty Indians players were installed at Mumbai Airport Terminal 2 for the duration for IPL 2025, reaching over 85,000 travellers daily.

 

What began as an animated series has embedded itself into cricket culture. From YouTube screens to towering airport installations to merchandise, Mighty Indians is no longer just content – it’s becoming part of how fans and families experience the spirit of cricket and storytelling in a new, more imaginative way.

 

A Mumbai Indians Spokesperson commented, “Mighty Indians is more than an animated series — it’s an extension of our philosophy to engage fans beyond the boundaries of the cricket field. With Season 2, we are expanding this universe through immersive 3D storytelling and richer stories. It reflects the spirit of the Mumbai Indians and brings it alive in a way that resonates with young audiences and families alike.”

 

“This has been one of the most creatively fulfilling projects we’ve ever worked on,” said Rajiv ChilakaFounder and CEO of Green Gold Animation“We’ve built some of India’s most beloved characters, but Mighty Indians gave us the chance to blend cricketing icons with mythic storytelling and create something that has both local heart and global potential.” 

 

Shiv BurmanFounder of Burman Sports, added, “We used to watch cricket in a linear way – match days on television, and that was it. But today’s kids have countless options competing for their attention, and if we want cricket to stay relevant to them, we have to meet them where they are. Mighty Indians is our way of doing just that by combining the power of sports heroes with the universal appeal of animation. It’s a format that not only entertains but builds long-term emotional connection with the next generation of fans. We’re already working with licensing partners to create merchandise, and multiple discussions are underway with brands looking to connect with children and families by leveraging the might of Mumbai Indians through this IP.” 

 

Mighty Indians is no longer just a piece of content. It is a platform for cricket, for imagination, and for the next generation of Indian storytelling. 

 

Because in this universe, anyone can be mighty. 

 

YT Link – www.youtube.com/@MumbaiIndians/videos

India Steps into the Global Wrestling Arena — The Global League Wrestling Launches 17 September 2025

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For years, India has cheered from the sidelines as global wrestling spectacles captured imaginations worldwide. Now, it’s our turn. This September, the spotlight swings to India — not as a spectator, but as a creator, leader, and game-changer.

 

Adi Groupe Collaborates with Prasar Bharti for GLW


AdiGroupe and its sports innovation arm AEx SPORT, in association with Prasar Bharati, proudly announce the launch of Global League Wrestling (GLW) — the nation’s first global-format professional wrestling league, conceived in India and designed for audiences across the world.


This is more than sport. It’s a national moment.


Launching on 17th September 2025 with a 40-week season, GLW will air on DD Sports, stream on Waves OTT, and broadcast through All India Radio beginning 4th October. Together, these platforms are expected to deliver a staggering reach of 1 billion viewers, from the largest metros to the smallest villages — making GLW one of the most ambitious sports entertainment projects ever launched from Indian soil.


The Energy of India, the Spirit of the World
GLW combines the athletic intensity of professional wrestling with the richness of Indian storytelling. Expect powerful rivalries, heroic journeys, and emotional sagas — inspired by our cultural identity yet crafted to captivate audiences everywhere. Every match will be a spectacle, every character a story worth following, and every victory a reason to celebrate.


At the heart of GLW, The Great Khali takes on the role of Brand Ambassador and Talent Commissioner, guiding a new generation of Indian wrestling talent and preparing them to stand tall on the global stage.


A Gift to the Nation
GLW is India’s statement to the world — that we have the vision, skill, and execution prowess  to create world-class sports entertainment,” said Sanjay Viswanathan, Chairman of AdiGroupe,  AEx SPORT, and GLW.It’s a platform for our athletes to rise, compete, and inspire — and for our stories to echo far beyond our borders. This is a gift to the Bharat, and a celebration of our youth’s energy and determination.”


Gaurav Dwivedi, CEO of Prasar Bharati, added, “GLW offers something truly unique — the discipline and drama of professional wrestling brought to life with the cultural depth of India. Through our platforms, we will bring this to every home, every community, and every generation.”


History in the Making
With GLW, India is not entering the global wrestling map quietly — it is stepping into the arena with the force of a billion hearts. From screens to stadiums, from local heroes to global icons, GLW will inspire a generation, showcase homegrown excellence, and unite the nation in pride and excitement.


Mark your calendars. 17th September 2025 is the day India enters the ring — not as a contender, but as a champion unveiled.


This is our league. Our stories. Our glory.


#GLWIndia #IndiaInTheRing #GlobalLeagueOfWrestling #17Sept2025


About Adi Groupe
Adi Groupe is London-based diversified group with a strategic vision to develop high-value, future-proof businesses across diverse sectors in India and overseas. Anchored by the leadership team of deep operating expertise, the Group combines a unique combination of technology innovation, operational excellence, and strategic business development to drive sustainable growth and long-term value creation.


With years of collective experience in scaling businesses, handling complex operations, and implementing large-scale transformations, Adi Groupe leverages the world-class practices staying deeply rooted in local market insights. Its business philosophy rests on three pillars — innovation-led growth, operational excellence, and creation of stakeholder value. This leads the Group to recognize emerging opportunities, roll out cutting-edge solutions, and build strong operational structures that produce consistent outcomes.


Beyond financial performance, Adi Groupe is committed to shaping the industries it operates in by setting high standards for governance, sustainability, and community impact. The Group invests significantly in talent, technology, and infrastructure to enhance its competitive advantage while being aligned with India’s vision for economic development and global competitiveness.


For more information, please visit: www.adi-partners.co.uk 


About AEx SPORT
AEx SPORT is the sports innovation division of AdiGroupe, a UK-headquartered firm focused on creating next-generation sports properties rooted in cultural impact and technological excellence. AEx SPORT develops IPs across performance-based sports and entertainment with a mission to inspire and empower audiences globally.