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    ___________ became India’s first sports unicorn with its market cap having touched a high of Rs.7,600 crores as of 30 January 2022.
    Question

    ___________ became India’s first sports unicorn with its market cap having touched a high of Rs.7,600 crores as of 30 January 2022.

    A.

    Delhi Capitals

    B.

    Kolkata Knight Riders

    C.

    Mumbai Indians

    D.

    Chennai Super Kings

    Correct option is D

    The correct answer is (d) Chennai Super Kings.
     Chennai Super Kings (CSK) became India's first sports unicorn with a market cap of Rs.7,600 crores as of 30 January 2022.
     CSK is one of the most successful franchises in the Indian Premier League (IPL), having won multiple titles.
     The team's success on the field, strong brand value, and loyal fan base have significantly contributed to its high market valuation.
     CSK's financial growth also reflects the overall commercialization and growing business opportunities within the sports industry in India.
    Information Booster:
    Delhi Capitals: Another prominent IPL team, co-owned by GMR Group and JSW Group, known for its competitive performances but not achieving unicorn status.
    Kolkata Knight Riders: Owned by Bollywood superstar Shah Rukh Khan, actress Juhi Chawla, and her spouse Jay Mehta, KKR has a strong brand presence but not a unicorn.
    Mumbai Indians: Owned by Reliance Industries, Mumbai Indians is the most successful IPL franchise but did not become the first sports unicorn.

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