Rendezvous Sports World Private Limited (RSW) was a

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franchise in the

Indian Premier League The Indian Premier League (IPL) is a professional Twenty20 (T20) cricket league in India, organised by the Board of Control for Cricket in India (BCCI). Founded in 2007, it features ten city-based Professional sports league organization, fr ...

which had 100% of equity on Kochi IPL Team. Rendezvous Sports World Limited is a consortium made up of multiple companies. It had made the winning bid of USD 333 million in a global

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process called by the IPL for two new franchises from IPL season 2011. In April 2010, it threatened to sue IPL commissioner Lalit Modi for breaking confidentiality terms by disclosing details of the stakeholders in the new Kochi IPL team on the micro-blogging website

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Franchise history

The auction for expanding the initial eight franchises for the

was held on 22 March 2010. The cities involved were

Pune Pune ( ; , ISO 15919, ISO: ), previously spelled in English as Poona (List of renamed Indian cities and states#Maharashtra, the official name until 1978), is a city in the state of Maharashtra in the Deccan Plateau, Deccan plateau in Western ...

Ahmedabad Ahmedabad ( ), also spelled Amdavad (), is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 ...

Kochi Kochi ( , ), List of renamed Indian cities and states#Kerala, formerly known as Cochin ( ), is a major port city along the Malabar Coast of India bordering the Laccadive Sea. It is part of the Ernakulam district, district of Ernakulam in the ...

Nagpur Nagpur (; ISO 15919, ISO: ''Nāgapura'') is the second capital and third-largest city of the Indian state of Maharashtra. It is called the heart of India because of its central geographical location. It is the largest and most populated city i ...

Kanpur Kanpur (Hindustani language, Hindustani: ), originally named Kanhapur and formerly anglicized as Cawnpore, is the second largest city of the Indian States and union territories of India, state of Uttar Pradesh after Lucknow. It was the primary ...

, Dharamsala,

Visakhapatnam Visakhapatnam (; List of renamed places in India, formerly known as Vizagapatam, and also referred to as Vizag, Visakha, and Waltair) is the largest and most populous metropolitan city in the States and union territories of India, Indian stat ...

Rajkot Rajkot () is the fourth-largest city in the Indian state of Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the ...

Cuttack Cuttack (, or officially Kataka in Odia language, Odia ), is the former capital, deputy capital and the 2nd largest city of the Indian state of Odisha. It is also the headquarters of the Cuttack district. The name of the city is an anglicised f ...

Vadodara Vadodara (), also known as Baroda, is a city situated on the banks of the Vishwamitri River in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district. The city is named for its abundance of banyan ...

Indore Indore (; ISO 15919, ISO: , ) is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the List of cleanest cities in India, cleanest city of In ...

and

Gwalior Gwalior (Hindi: , ) is a major city in the central Indian state of Madhya Pradesh; It is known as the Music City of India having oldest Gwalior gharana, musical gharana in existence. It is a major sports, cultural, industrial, and political c ...

. Two new teams were selected out of 12 cities. Sahara Group made the highest bid in the auction and chose to base its team in Pune, at the cost of US$370m (1702 crore). Rendezvous Sports World made the second highest bid of US$333.2m (1533 crores), and elected to base its team in Kochi. The two new franchises were sold for a combined sum greater than the combined purchase price of the original eight franchises.Pune, Kochi named new IPL teams, ''Times of India''
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References

External links

Who is Rendezvous Sports World LimitedTharoor inspired Rendezvous Sports to bid for Kochi
Indian Premier League franchise owners {{India-company-stub