Consultant

- The IPL ecosystem value fell to Rs 82,700 crore this year, a decrease of around 10.6 percent from 2023.
- In contrast, the WPL ecosystem value rose 8 percent

- The IPL ecosystem value fell to Rs 82,700 crore this year, a decrease of around 10.6 percent from 2023.
- In contrast, the WPL ecosystem value rose 8 percent to Rs 1,350 crore in 2024.
- Royal Challengers Bengaluru's women's team clinched a league title, unlike their men's team.
- The BCCI is sharing 80 percent of the central fund with WPL franchises, aiding profitability.
- WPL's media rights renewal after five years could further boost franchise revenues. 

 Source: [Moneycontrol](https://www.moneycontrol.com/sports/wpl-trumps-ipl-value-of-womens-league-up-8-while-mens-league-sheds-10-article-12813876.html)

WPL Surpasses IPL: Women's League Value Rises 8% While Men's League Drops 10%

WPL Surpasses IPL: Women's League Value Rises 8% While Men's League Drops 10%- Grapevine

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- The Indian Premier League's (IPL) business value has declined by 11.7% to $9.9 billion in 2024, marking its first significant drop.
- A reassessment of media rights values and the failed Zee-Sony merger are primary factors behind the decline.
- The Women's Premier League (WPL) saw an 8% increase in value, rising to $160 million.
- Mumbai Indians remain the most valued IPL franchise, followed by Chennai Super Kings.
- The shift towards digital platforms presents both opportunities and challenges for the IPL. 

 Source: [Business Standard](https://www.business-standard.com/finance/personal-finance/for-the-first-time-ipl-s-enterprise-value-drops-11-7-to-9-9-billion-124090400103_1.html)

IPL's Enterprise Value Drops 11.7% to $9.9 Billion Amid Market Shifts

Journalist

RCB won WPL 🥹❤️

Growth Manager

Jio paid almost 5000 Cr for digital streaming rights of IPL - I wonder if they actually make actual money from any of this, or is the whole thing just written off as a marketing spend?

IPL unsuprisingly makes bulk of its revenue from broadcasting rights

Growth and strategy

Every player who has performed in a recent match has a story ready to be released via a combination of influencers, news portals, fan pages, meme pages etc.

Indian Idol bana dia hai ICT ko with exaggerated stories.

Some recent examples :
- Yashaswi Jaiswal 
- Dhruv Jurel
- Akash Deep
- Sarfaraz Khan
- Siraj

Patidar didn’t perform in this series, but the story is ready, will be released once he does.

WPL promotions also going strong with each match (they have spent well to get it into the feed).

PR of Indian Cricket Team players

Corporate strategy

Don't you feel there is inbred, slow simmering rivalry among bowlers of our national team

Not healthy competition, pull each other down rivalry 

It was evident in WC final, Shami, Siraj and Bumrah were not putting efforts in saving runs for each other. They were very close to being highest wicket takers 

Now today's match Mukesh had the same look. What he couldn't get in first super over, Ravi Bishnoi made it look like piece of cake in next

I feel we aren't being the team, that feel like Cup winners. Remember Dhoni's era?

Cricket: Tell me if I'm overthinking

Seems like defeating Pak is more important than winning World Cup

Why so much attention on Pak match

Kinda sad to see that the GST implications have brought down the industry this bad. Not sure if this was good or bad :/

Ahead of IPL 2024, most fantasy gaming platforms have hit pause on huge marketing spends, and customer acquisition remains a challenge

IPL Blues For Fantasy Gaming

Looks like betting apps haven't been able to milk IPL. Their user growth has reduced, and looks like they're spending much lesser on marketing now.

Product Manager

Few points to consider for match between Royal Challengers Bengaluru and Punjab Kings:

- Punjab Kings have won 17 out of 32 matches against Royal Challengers Bengaluru.
- The team batting first at the HPCA Stadium in IPL 2024 has won, and the average first innings total is 167 runs.
- Virat Kohli is in great form and has the IPL 2024 Orange Cap with 542 runs in 11 innings.
- Harshal Patel has been a standout performer, claiming 17 wickets in 11 matches in IPL 2024.
- Royal Challengers Bengaluru has won three consecutive victories and is in the seventh spot in the IPL 2024 points table.

RCB vs PBKS

Welcome to Indian Startups's Private Community

From someone in their tech team, got to know very curious insights. 

CrickPe is built on Solidity smart contracts that automatically enforce performance bonuses for cricketers. 

However, the underlying logic is enforced on an ELO based system with log-normal rewards. Essentially, if a cricketer rewards are:

Reward = Expected(reward) +- log(performance). 

Their ELO is similarly adjusted on a match by match basis. 

Also,
Insider reveal is that, VC community is keen on investing and Ashneer is considering raising funds but has made clear that he is willing to liquidate only till he has majority stake in the venture, although aiming at closer to ~75%.

Also, they are experimenting with NFTs linked to rewards that give you insider access to pre-game locker room access with your favourite teams, flying you out to international matches abroad, etc. This will also be tradeable in-app. They are apparently looking for Blockchain Devs/interns for that.

Finally, the biggest news. They’ve apparently launched a bid to get a fan-experience zone specific to CrickPe in the stadiums during IPL. The plan is to sell these tickets at a higher cost. Fans who watch games from this zone get to play a special variant where the highest scorer is given their reward from the MOTM.

WPL Surpasses IPL: Women's League Value Rises 8% While Men's League Drops 10%

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