The Mumbai Indians (MI) is a franchise cricket team with the joint-most trophies in Indian Premier League's history. The Mumbai-based team has been a regular feature in the cash-rich league since the league's inception in 2008. They are the joint-most successful franchise in IPL history with five trophies, having emerged victorious in 2013, 2015, 2017, 2019, and 2020. MI will be led by India’s premier white-ball all-rounder and former Gujarat Titans captain Hardik Pandya in IPL 2025.
The Mumbai Indians are owned by Indiawin Sports Private Limited, which belongs to the Mukesh Ambani-led Reliance Industries. Nita Ambani and Akash Ambani are the co-owners of the five-time champions.
| Owners | Duration |
| Indiawin Sports Private Limited | 2008 - Present |
MI Owners in 2025
The Mumbai Indians are owned by Reliance Industries via Indiawin Sports Private Limited. Indian businessman Mukesh Ambani won the rights to the Mumbai-based franchise during an auction conducted by the Board of Control for Cricket in India (BCCI) in 2008 for $111.9 million, making it the most expensive IPL franchise at the time. In 2017, MI became the first IPL franchise to breach the $100 million mark in terms of brand value, as per The Economic Times.
Nita Ambani, the founder and chairperson of the Reliance Foundation, and his son, Aakash Ambani, the Chairman of Reliance Jio Infocomm Limited, are heavily involved in the day-to-day functioning of the franchise.
MI Owners- Reliance Industries
Reliance Industries is an Indian conglomerate company with key involvements in media & entertainment, petrochemicals, retail, digital services and energy, as per their official website. Indiawin Sports Private Limited is a subsidiary of Reliance Industries.
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries. He heads Indiawin Sports Private Limited. He got married to Nita Ambani in 1985. Ever since the IPL’s inception, Nita has actively participated in Mumbai Indians management. She has attended the team’s matches, player auctions, and social events related to the franchise. The couple's elder son Akash Ambani has also been heavily involved with the franchise in the past few years.
Brand Value of Mumbai Indians in 2025
The brand value of the Mumbai Indians has soared by 36 percent over the past 12 months. The franchise's brand value as of March 2025 is $119 million, as per Forbes.
FAQ on Mumbai Indians
A. Indiawin Sports Private Ltd., a 100 percent subsidiary of Reliance Industries, owns the Mumbai-based franchise.
A. MI has won the IPL a staggering five times. They were crowned champions in 2013, 2015, 2017, 2019, and 2020.
A. Hardik Pandya will lead MI in IPL 2025.
A. MI finished at the bottom of the table in IPL 2024.
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