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A Top Silicon Valley Tech group has great plans for English cricket. Nikesh Araora, the CEO of the Cybersecurity Giant Palo Alto Networks, believes that the hundreds could become a brand of “thousands of dollars” and could be a great rival in the Indian Premier League (IPL).
Its group, called Cricket Investor Holdings Limited, which is popularly known as “Tech Titans”, recently bought a 49% participation from the London Spirit team for £ 144 million (around $ 193 million) in the one hundred. As part of the agreement, Aora has now joined the Board of London Spirit.
London Spirit’s co -owner sees the future of a billion dollars in the hundreds
The team will be co-managed by the Tech Titans and the Marylebone Cricket Club (MCC). This week, members of the Consortium were invited to Lord’s Cricket Ground, where they met with the team and enjoyed the VIP treatment.
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The group has grown since it has passed a strong competition, including a Sanjiv Goenka RPSG group, at a virtual auction held earlier this year. Around 15 of the group members came to see the opening day of one hundred 2025, where the London Spirit women’s team stepped on invincible ovalables, but the men’s team suffered a six -wicket defeat defeat against invincible ovalables.
Recently, investors saw the game of a private suite at Edrich’s booth. The event even brought together big names, including Adobe, Google and YouTube CEOs. Satyan Gajwani, Vice President of Times Internet, joked that even the world economic forum could not meet them.
Technology titans want one hundred to rival with IPL
Earlier this year, the eight teams in the tournament hundred were sold to about £ 975 million (about $ 1.3 billion). So far, six of these teams have been officially sold. Two bids are expected sooner, and Caain International is likely to buy a participation in the thirty rockets, while Reliance Industries invest in ovalable invincibles.
Spent incredible days with London Spirit’s property group @Homeofcricket. It is an unmatched group that will take London Spirit at great heights @Thehundred pic.twitter.com/PCFVVPZ8HN
– Satyan Gajwani (@satyan) August 6, 2025
However, the offers will only be sealed after the current season is completed. Araora believes that having the eight new investors who join at the same time will help bring the hundred to the next level. He believes that this movement could help turn the tournament into one of the largest and most successful cricket leagues in the world, just like IPL.
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I don’t think the hundred is a bad product: Nikesh Araora
Nikesh Araora said Espncricinfo said: “The IPL started from nowhere and became a product of billions of dollars. Why couldn’t this product be? It’s not only us; there are eight new shareholders, giving or taking, in eight new franchises. They all have successful businesses or cricket operations somewhere in the world.”
Araora further added: “If this energy, this passion, this creativity and this innovation occur to it, imagine -what could they do? The ECB incubated it, which is great. But I’m sure there are ways to optimize things a little better. I don’t think the hundred is a bad product … It’s about creating emotion around it.”
Above all, the Tech Titans group has 3 of the 7 seats in the New London Spirit Board. These seats are by Nikesh Araora, Satyan Gajwani and Egon Durban, who is the co-director general of the Silver Lake Investment Company.
The other four members of the Board are Robert Lawson (the CEO of the MCC), Julian Methell (soon to join the MCC Committee), Eoin Morgan (the new cricket chief) and one more person who will be chosen by the MCC. Julian Methell will direct the council as President.
