U Mumba TT is owned by Unilazer Ventures Pvt. Ltd. – a company founded by Ronnie Screwvala who is a philanthropist and movie producer. Suhail Chandhok, a sports broadcaster and entrepreneur has recently joined the team as their CEO. They also own the Pro Kabaddi League (PKL) franchise U Mumba, who won the PKL Season 2 title and have featured in three consecutive PKL finals. Having finished as semi-finalists in UTT Season 3, the franchise envisions to build from that experience and unearth young talent.