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Manoj Badale
OBE The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(born 31 December 1967) is an Indian businessman and
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
ist. He is the co-founder and managing partner of venture capital firm Blenheim Chalcot, and owner of
Indian Premier League The Indian Premier League (IPL), also known as Tata Group, TATA IPL for sponsorship reasons, is a men's T20 cricket, T20 Professional sports league organization, franchise cricket Sports league, league of India. It is annually contested by ...
franchise Rajasthan Royals.


Life

Badale was born in Dhule Maharashtra
India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...
, his primary education was held in Jai Hind High School, Dhule and was educated at the
University of Cambridge , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...
, where he studied
economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analy ...
.  In June 2018, Badale was appointed an OBE for services to the economy and charity. In January 2021, Badale joined the board of Wealdstone FC


IPL Investment and Controversy

In 2008, he along with a consortium of investors, Lachlan Murdoch, Illyria Pty Ltd; and Suresh Chellaram, an independent C.G. investor acquired the Jaipur IPL team 'Rajasthan Royals'. Badale, along with Ranjit Barthakur, soon became the source of controversy when inappropriate and fictitious bids were made, violating BCCI norms. Ranjit Barthakur and Fraser Castellino were the only two shareholders of the Jaipur IPL, completely unknown to the BCCI at the time.


References

{{DEFAULTSORT:Badale, Manoj 1967 births Living people Rajasthani people Businesspeople from Rajasthan People from Dhule district People from Dhule People from Maharashtra