Answer
The answer is Rajasthan Royals. They are a franchise cricket team based in Jaipur, Rajasthan, that plays in the Indian Premier League (IPL). The team was founded in 2008 and is currently owned by the Royals Sports Group, a consortium led by Manoj Badale. Rajasthan Royals have won the IPL title once, in 2008, under the captaincy of Shane Warne.