After being bought for ₹23.75 crore by Kolkata Knight Riders, Venkatesh Iyer expressed his willingness to take on the captaincy role.

Kolkata Knight Riders Auction Strategy, Players Retained & Probable Buys, Full List of Sold and Unsold Players & Top Purchases Today – Indian Premier League

Despite the financial constraint, KKR made some big moves on Day 1, surprising many with their bold strategies. With one of the smallest budgets heading into Day 2, the franchise still has key gaps to fill as they aim to assemble a championship-winning squad.

The day 1 of the IPL Mega Auction was one of several happenings as several records were broken. All of the franchises shelled out a total of 467.95 Cr on day 1 and the record for the most expensive player sold in IPL auction history was broken twice.

IPL 2025 Mega Auction Day 1 saw Rishabh Pant become the most expensive player ever in IPL, acquired by Lucknow Super Giants for ₹27 crore. Shreyas Iyer also broke records with a ₹24.75 crore deal with Punjab Kings.

On the first day of the IPL 2025 mega auction, the 19-year-old Indian batter Angkrish Raghuvanshi sold to Kolkata Knight Riders for a price of Rs. 3 crores. Raghuvanshi entered the auction as an uncapped batter with a base price of Rs.

Not having any RTM option, Kolkata Knight Riders spulrged ₹ 23.75 crores on Venkatesh Iyer, from a base price of ₹ 2 crore. KKR also went for wicketkeeper-batters Quinton de Kock and Rahmanullah Gurbaz, buying them for ₹ 3.6 and ₹ 2 crores respetively.

Kolkata Knight Riders Auction Strategy, Players Retained & Probable Buys, Full List of Sold and Unsold Players & Top Purchases Today – Indian Premier League

Here is the list of players bought by Kolkata Knight Riders and real-time squad updates during the Indian Premier League mega auction in Jeddah, Saudi Arabia.

Venkatesh Iyer has hit the jackpot as Kolkata Knightriders decided to buy the all-rounder for 23.75 crore. KKR got the services of Venkatesh after a bidding war with Royal Challengers Bengaluru.