#Mumbai Indians Announced Their Retention List Of Five Players

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Mumbai Indians Announced Their Retention List Of Five Players, Jasprit Bumrah Locked In As First Player

The five-time champions Mumbai Indians announced their retention list of five players ahead of the IPL 2025 mega auction on 31st October, Thursday. Ace fast bowler Jasprit Bunrah has been locked in as the first player for the franchise and will get INR 18 cr until the next mega auction. Bumrah has remained a long-serving member of Mumbai since his IPL debut in 2013 and scalped 20 wickets in the…

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Top 5 Highest-Paid Players Retained by Franchises for IPL 2025

Top 5 Highest-Paid Players Retained by Franchises for IPL 2025: As the Indian Premier League (IPL) heads towards its 2025 season, the excitement around player retention and auctions is at its peak. With a new three-year cycle ahead and teams strategically planning, each of the 10 franchises have announced their list of retained players, leaving some big names like Rishabh Pant, KL Rahul and Shreyas Iyer available for the upcoming mega auction.

With a budget limit of 120 crore for retention and auction, teams had to make several crucial decisions including retaining six players, including five capped and two uncapped Indian players.

Top 5 Highest-Paid Players Retained by Franchises for IPL 2025

1. Heinrich Klaasen – 23 crore (Sunrisers Hyderabad)

Heinrich Klaasen is the highest-paid retained player this season, receiving 23 crores from Sunrisers Hyderabad. Known for his recent batting prowess in the ICC T20 World Cup 2024, the South African star is a proven match-winner. Klaasen, who scored a blazing century against RCB last season, has plenty of experience in franchise leagues around the world

2. Virat Kohli – 21 crore (Royal Challengers Bangalore)

For RCB, Virat Kohli continues his journey with the team, having been retained for Rs 21 crore. The leading run-scorer in IPL history and one of the most consistent players in the league, Kohli is not only the backbone of RCB but also one of the biggest attractions of the tournament. His retention was almost inevitable, as he aims to lead RCB to their maiden IPL title.

➥ Also Read: All Mumbai Indians Retentions For IPL 2025

3. Nicholas Pooran – 21 crore (Lucknow Super Giants)

Lucknow Super Giants made a surprise move by retaining West Indies wicketkeeper-batsman Nicholas Pooran, replacing their former captain KL Rahul. Pooran, who played some impressive knocks last season, adds tremendous strength to the LSG lineup. His aggressive style and experience make him a vital player for the franchise, who retained him for Rs 21 crore.

4. Jasprit Bumrah – 18 crore (Mumbai Indians)

Mumbai Indians have retained their fast bowler Jasprit Bumrah for 18 crores. Known for his lethal death overs and incredible control, Bumrah is one of the most dangerous bowlers in the league. His retention has strengthened Mumbai's bowling attack, making him a key player for the 2025 season.

5. Ravindra Jadeja – 18 crore (Chennai Super Kings)

Chennai Super Kings retained Ravindra Jadeja for 18 crores, which many fans were expecting. The experienced all-rounder brings unmatched skills with both bat and ball and is a strategic asset on the field. Jadeja's experience is a strength for CSK.

➥ Also Read: All Chennai Super Kings Retentions For IPL 2025

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IPL Retention: Full List Of Players Retained And Released By Mumbai Indians | Cricket News

IPL Retention: Full List Of Players Retained And Released By Mumbai Indians | Cricket News

Five-time champions Mumbai Indians have announced the list of players released and retained ahead of IPL 2023. The side, which finished at the bottom spot in the 10-team table last year, will look for a better performance this season. It is worth noting that November 15 was the deadline day for all the 10 IPL teams to submit the list of the players they are going ahead with, in the tournament. It…

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Startups Weekly: Flexport, Clutter and SoftBank’s blood money

The Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ.

The report emerged during a particularly busy time for the Vision Fund, which this week led two notable VC deals in Clutter and Flexport, as well as participated in DoorDash’s $400 million round; more on all those below. So given all this SoftBank news, let us remind you that given its $45 billion commitment, Saudi Arabia’s Public Investment Fund (PIF) is the Vision Fund’s largest investor. Saudi Arabia is responsible for the planned killing of dissident journalist Jamal Khashoggi.

Here’s what I’m wondering this week: Do CEOs of companies like Flexport and Clutter have a responsibility to address the source of their capital? Should they be more transparent to their customers about whose money they are spending to achieve rapid scale? Send me your thoughts. And thanks to those who wrote me last week re: At what point is a Y Combinator cohort too big? The general consensus was this: the size of the cohort is irrelevant, all that matters is the quality. We’ll have more to say on quality soon enough, as YC demo days begin on March 18.

Anyways…

Pinterest is going public!

Surprise! Sort of. Not really. Pinterest has joined a growing list of tech unicorns planning to go public in 2019. The visual search engine filed confidentially to go public on Thursday. Reports indicate the business will float at a $12 billion valuation by June. Pinterest’s key backers — which will make lots of money when it goes public — include Bessemer Venture Partners, Andreessen Horowitz, FirstMark Capital, Fidelity and SV Angel.

Lyft’s IPO is imminent 

Ride-hailing company Lyft plans to go public on the Nasdaq in March, likely beating rival Uber to the milestone. Lyft’s S-1 will be made public as soon as next week; its roadshow will begin the week of March 18. The nuts and bolts: JPMorgan Chase has been hired to lead the offering; Lyft was last valued at more than $15 billion, while competitor Uber is valued north of $100 billion.

Deal of the week: DoorDash

Despite scrutiny for subsidizing its drivers’ wages with customer tips, venture capitalists plowed another $400 million into food delivery platform DoorDash at a whopping $7.1 billion valuation, up considerably from a previous valuation of $3.75 billion. The round, led by Temasek and Dragoneer Investment Group, with participation from previous investors SoftBank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combinator, will help DoorDash compete with Uber Eats. The company is currently seeing 325 percent growth, year-over-year.

Clutter & Flexport

Here are some more details on those big Vision Fund Deals: Clutter, an LA-based on-demand storage startup, closed a $200 million SoftBank-led round this week at a valuation between $400 million and $500 million, according to TechCrunch’s Ingrid Lunden’s reporting. Meanwhile, Flexport, a five-year-old, San Francisco-based full-service air and ocean freight forwarder, raised $1 billion in fresh funding led by the SoftBank Vision Fund at a $3.2 billion valuation. Earlier backers of the company, including Founders Fund, DST Global, Cherubic Ventures, Susa Ventures and SF Express all participated in the round.

Here’s your weekly reminder to send me tips, suggestions and more to kate.clark@techcrunch.com or @KateClarkTweets. 

Fresh funds

Menlo Ventures has a new $500 million late-stage fund. Dubbed its “inflection” fund, it will be investing between $20 million and $40 million in companies that are seeing at least $5 million in annual recurring revenue, growth of 100 percent year-over-year, early signs of retention and are operating in areas like cloud infrastructure, fintech, marketplaces, mobility and SaaS. Plus, Allianz X, the venture capital arm attached to German insurance giant Allianz, has increased the size of its fund to $1.1 billion and London’s Entrepreneur First brought in $115 million for what is one of the largest “pre-seed” funds ever raised.

Startup cash

Flipkart co-founder invests $92M in Ola Redis Labs raises a $60M Series E round Chinese startup Panda Selected nabs $50M from Tiger Global Image recognition startup ViSenze raises $20M Series C Circle raises $20M Series B to help even more parents limit screen time Showfields announces $9M seed funding for a flexible approach to brick-and-mortar retail Podcasting startup WaitWhat raises $4.3M Zoba raises $3M to help mobility companies predict demand

Indian delivery men working with the food delivery apps Uber Eats and Swiggy wait to pick up an order outside a restaurant in Mumbai. ( INDRANIL MUKHERJEE/AFP/Getty Images)

Uber Eats India may sell to Swiggy

According to Indian media reports, Uber is in the final stages of selling its Indian food delivery business to local player Swiggy, a food delivery service that recently raised $1 billion in venture capital funding. Uber Eats plans to sell its Indian food delivery unit in exchange for a 10 percent share of Swiggy’s business. Swiggy was most recently said to be valued at $3.3 billion following that billion-dollar round, which was led by Naspers and included new backers Tencent and Uber investor Coatue.

New unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, is the latest venture-backed business to enter the unicorn club with the close of a $300 million Series D round this week. The latest round is split into two, with Hillhouse Capital leading the “D1” tranche and Sequoia China heading up the “D2” portion. New backers Eastern Bell Venture Capital and PV Capital and returning investors ShunWei Capital, Xiang He Capital and MindWorks Ventures also participated.

Founders Fund gets Keith Rabois

Longtime investor Keith Rabois is joining Founders Fund as a general partner. Here’s more from TechCrunch’s Connie Loizos: “The move is wholly unsurprising in ways, though the timing seems to suggest that another big fund from Founders Fund is around the corner, as the firm is also bringing aboard a new principal at the same time — Delian Asparouhov — and firms tend to bulk up as they’re meeting with investors. It’s also kind of time, as these things go. Founders Fund closed its last flagship fund with $1.3 billion in 2016.”

Listen to me talk

If you enjoy this newsletter, be sure to check out TechCrunch’s venture capital-focused podcast, Equity. In this week’s episode, available here, Crunchbase News editor-in-chief Alex Wilhelm and I discuss Pinterest’s IPO, DoorDash’s big round and SoftBank’s upset LPs.

Want more TechCrunch newsletters? Sign up here.

source https://techcrunch.com/2019/02/23/startups-weekly-flexport-clutter-and-softbanks-blood-money/

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Startups Weekly: Flexport, Clutter and SoftBank’s blood money

The Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ.

The report emerged during a particularly busy time for the Vision Fund, which this week led two notable VC deals in Clutter and Flexport, as well as participated in DoorDash’s $400 million round; more on all those below. So given all this SoftBank news, let us remind you that given its $45 billion commitment, Saudi Arabia’s Public Investment Fund (PIF) is the Vision Fund’s largest investor. Saudi Arabia is responsible for the planned killing of dissident journalist Jamal Khashoggi.

Here’s what I’m wondering this week: Do CEOs of companies like Flexport and Clutter have a responsibility to address the source of their capital? Should they be more transparent to their customers about whose money they are spending to achieve rapid scale? Send me your thoughts. And thanks to those who wrote me last week re: At what point is a Y Combinator cohort too big? The general consensus was this: the size of the cohort is irrelevant, all that matters is the quality. We’ll have more to say on quality soon enough, as YC demo days begin on March 18.

Anyways…

Pinterest is going public!

Surprise! Sort of. Not really. Pinterest has joined a growing list of tech unicorns planning to go public in 2019. The visual search engine filed confidentially to go public on Thursday. Reports indicate the business will float at a $12 billion valuation by June. Pinterest’s key backers — which will make lots of money when it goes public — include Bessemer Venture Partners, Andreessen Horowitz, FirstMark Capital, Fidelity and SV Angel.

Lyft’s IPO is imminent 

Ride-hailing company Lyft plans to go public on the Nasdaq in March, likely beating rival Uber to the milestone. Lyft’s S-1 will be made public as soon as next week; its roadshow will begin the week of March 18. The nuts and bolts: JPMorgan Chase has been hired to lead the offering; Lyft was last valued at more than $15 billion, while competitor Uber is valued north of $100 billion.

Deal of the week: DoorDash

Despite scrutiny for subsidizing its drivers’ wages with customer tips, venture capitalists plowed another $400 million into food delivery platform DoorDash at a whopping $7.1 billion valuation, up considerably from a previous valuation of $3.75 billion. The round, led by Temasek and Dragoneer Investment Group, with participation from previous investors SoftBank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combinator, will help DoorDash compete with Uber Eats. The company is currently seeing 325 percent growth, year-over-year.

Clutter & Flexport

Here are some more details on those big Vision Fund Deals: Clutter, an LA-based on-demand storage startup, closed a $200 million SoftBank-led round this week at a valuation between $400 million and $500 million, according to TechCrunch’s Ingrid Lunden’s reporting. Meanwhile, Flexport, a five-year-old, San Francisco-based full-service air and ocean freight forwarder, raised $1 billion in fresh funding led by the SoftBank Vision Fund at a $3.2 billion valuation. Earlier backers of the company, including Founders Fund, DST Global, Cherubic Ventures, Susa Ventures and SF Express all participated in the round.

Here’s your weekly reminder to send me tips, suggestions and more to kate.clark@techcrunch.com or @KateClarkTweets. 

Fresh funds

Menlo Ventures has a new $500 million late-stage fund. Dubbed its “inflection” fund, it will be investing between $20 million and $40 million in companies that are seeing at least $5 million in annual recurring revenue, growth of 100 percent year-over-year, early signs of retention and are operating in areas like cloud infrastructure, fintech, marketplaces, mobility and SaaS. Plus, Allianz X, the venture capital arm attached to German insurance giant Allianz, has increased the size of its fund to $1.1 billion and London’s Entrepreneur First brought in $115 million for what is one of the largest “pre-seed” funds ever raised.

Startup cash

Flipkart co-founder invests $92M in Ola Redis Labs raises a $60M Series E round Chinese startup Panda Selected nabs $50M from Tiger Global Image recognition startup ViSenze raises $20M Series C Circle raises $20M Series B to help even more parents limit screen time Showfields announces $9M seed funding for a flexible approach to brick-and-mortar retail Podcasting startup WaitWhat raises $4.3M Zoba raises $3M to help mobility companies predict demand

Indian delivery men working with the food delivery apps Uber Eats and Swiggy wait to pick up an order outside a restaurant in Mumbai. ( INDRANIL MUKHERJEE/AFP/Getty Images)

Uber Eats India may sell to Swiggy

According to Indian media reports, Uber is in the final stages of selling its Indian food delivery business to local player Swiggy, a food delivery service that recently raised $1 billion in venture capital funding. Uber Eats plans to sell its Indian food delivery unit in exchange for a 10 percent share of Swiggy’s business. Swiggy was most recently said to be valued at $3.3 billion following that billion-dollar round, which was led by Naspers and included new backers Tencent and Uber investor Coatue.

New unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, is the latest venture-backed business to enter the unicorn club with the close of a $300 million Series D round this week. The latest round is split into two, with Hillhouse Capital leading the “D1” tranche and Sequoia China heading up the “D2” portion. New backers Eastern Bell Venture Capital and PV Capital and returning investors ShunWei Capital, Xiang He Capital and MindWorks Ventures also participated.

Founders Fund gets Keith Rabois

Longtime investor Keith Rabois is joining Founders Fund as a general partner. Here’s more from TechCrunch’s Connie Loizos: “The move is wholly unsurprising in ways, though the timing seems to suggest that another big fund from Founders Fund is around the corner, as the firm is also bringing aboard a new principal at the same time — Delian Asparouhov — and firms tend to bulk up as they’re meeting with investors. It’s also kind of time, as these things go. Founders Fund closed its last flagship fund with $1.3 billion in 2016.”

Listen to me talk

If you enjoy this newsletter, be sure to check out TechCrunch’s venture capital-focused podcast, Equity. In this week’s episode, available here, Crunchbase News editor-in-chief Alex Wilhelm and I discuss Pinterest’s IPO, DoorDash’s big round and SoftBank’s upset LPs.

Want more TechCrunch newsletters? Sign up here.

Via Kate Clark https://techcrunch.com

[icecricnews0]

IPL 2025 Mega Auction Dates and Venue Announced by BCCI

IPL 2025 Auction Likely to be Held in Riyadh on November 24-25: The Indian Premier League (IPL) auction has always been a much-anticipated event, drawing global attention as teams battle to build the best squads. For the 2025 season, the excitement has reached new heights, with reports suggesting that the mega auction will take place in Riyadh, Saudi Arabia, on November 24 and 25. Although the Board of Control for Cricket in India (BCCI) has yet to officially confirm the location, sources close to the matter indicate that Riyadh is the likely host city.

Franchise Retention Strategies and Key Highlights

All ten IPL franchises have submitted their retention lists, offering glimpses into their team-building approaches for the 2025 season. As teams retained their core players while releasing others, several prominent names have been added to the auction pool, increasing the competition and adding excitement for fans.

Retention Highlights Across Franchises

The franchises have retained 46 players, with a total investment of ₹558.5 crore. Notably, 36 of these players are Indian, including 10 uncapped Indian stars. Here’s a breakdown of major retention decisions:

Mumbai Indians – With five IPL titles, Mumbai Indians have built a strong Indian core by retaining key players like Hardik Pandya, Rohit Sharma, Jasprit Bumrah, and Suryakumar Yadav. Tilak Varma, a promising young left-hander, also retained his place. Notably, Ishan Kishan, a talented youngster, was released, leaving MI with a ₹45 crore budget for the auction.

Royal Challengers Bengaluru – RCB has opted for a selective approach, retaining only three players: Virat Kohli, Rajat Patidar, and Yash Dayal. Kohli commands the highest retention fee at ₹21 crore, giving RCB the second-largest auction purse of ₹83 crore.

Punjab Kings – Surprising many, Punjab Kings chose not to retain any capped players, focusing instead on young talent. They retained only two players, Shashank Singh and Prabhsimran Singh, and hold the largest auction budget at ₹110.5 crore.

Rajasthan Royals – Rajasthan Royals solidified their batting lineup with strategic retentions, although they still seek an additional opener. With the smallest purse of ₹41 crore, RR enters the auction with a precise plan to strengthen its roster.

Chennai Super Kings – MS Dhoni will once again grace the IPL, retained by CSK as an uncapped player. CSK’s strategy combines experience with fresh talent, retaining Dhoni, Ruturaj Gaikwad, Shivam Dube, Ravindra Jadeja, and Matheesha Pathirana.

➥ Also Read: Could CSK Make MS Dhoni No 1 Retention?

Top Players Entering the Auction Pool

With several renowned players left out of the retention lists, the 2025 auction pool includes high-caliber talent. Here’s a look at some of the notable players available for auction:

Released Indian Captains

The release of Shreyas Iyer, KL Rahul, and Rishabh Pant has left three experienced Indian captains in the auction pool. Franchises seeking strong leadership may vie for these players, adding an extra layer of excitement to the auction.

England Players in the Auction

Interestingly, no England players were retained by any franchise this season. Major players like Jos Buttler, Liam Livingstone, Jonny Bairstow, Moeen Ali, Sam Curran, Harry Brook, Phil Salt, and Will Jacks will be up for grabs. Their release reflects teams’ concerns about availability, as these players missed parts of the season due to international commitments.

Young and Uncapped Talents

This year’s auction also features a number of unproven Indian talents, with ten uncapped players retained by various teams. These young players offer affordable options and the potential to evolve into match-winners, making them valuable assets in the auction.

➥ Also Read: KL Rahul To Not Be Retained By LSG

Franchise-by-Franchise Retained Player List

Each team’s retained player list showcases their unique strategy and vision for the 2025 season. Here’s the full list:

Chennai Super Kings (CSK): Ruturaj Gaikwad, Matheesha Pathirana, Shivam Dube, Ravindra Jadeja, MS Dhoni.

Delhi Capitals (DC): Axar Patel, Kuldeep Yadav, Tristan Stubbs, Abhishek Porel.

Gujarat Titans (GT): Rashid Khan, Shubman Gill, Sai Sudharsan, Rahul Tewatia, Shahrukh Khan.

Kolkata Knight Riders (KKR): Rinku Singh, Varun Chakaravarthy, Sunil Narine, Andre Russell, Harshit Rana, Ramandeep Singh.

Lucknow Super Giants (LSG): Nicholas Pooran, Ravi Bishnoi, Mayank Yadav, Mohsin Khan, Ayush Badoni.

Mumbai Indians (MI): Jasprit Bumrah, Suryakumar Yadav, Hardik Pandya, Rohit Sharma, Tilak Varma.

Punjab Kings (PBKS): Shashank Singh, Prabhsimran Singh.

Rajasthan Royals (RR): Sanju Samson, Yashaswi Jaiswal, Riyan Parag, Dhruv Jurel, Shimron Hetmyer, Sandeep Sharma.

Royal Challengers Bengaluru (RCB): Virat Kohli, Rajat Patidar, Yash Dayal.

Sunrisers Hyderabad (SRH): Pat Cummins, Abhishek Sharma, Nitish Kumar Reddy, Heinrich Klaasen, Travis Head.

The Anticipated IPL 2025 Auction Day

The stage is set for an intense IPL 2025 auction as teams prepare to outbid each other for top players. If held in Riyadh as expected, the event will represent a pivotal moment in IPL history, emphasizing the league’s growing international influence. With captains like Shreyas Iyer, Rishabh Pant, and KL Rahul up for grabs, franchises will have the opportunity to redefine their leadership.

➥ Also Read: Will Virat Kohli Captain RCB in IPL 2025?