If we have to believe this report by TOI, a Latur based businessman Jayant Kotalwar has invested around 100 Cr in stake of IPL Kochi team.

Kotalwar hails from Latur and is rumoured to have invested around Rs 100 crore in the franchise. His brother Hemant, a 1996 batch IFS officer, is the director of at the office of Minister of State for External Affairs Sashi Tharoor. A friend of the family said Jayant was an engineer and that he had been living in the US for over 10 years now. He is based in Texas.

Tags: IPL, kochi, latur, Shashi Tharoor

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