U Mumba TT are owned by Unilazer Ventures Pvt. Ltd., a company founded by Mr. Ronnie Screwvala, a philanthropist and film producer. Mr. Suhail Chandhok, a sports broadcaster and entrepreneur, currently serves as the CEO.

Defending champions U Mumba TT won the title in 2025 and will enter Butterfly UTT Season 7 with that winning legacy. The group also owns U Mumba in the Pro Kabaddi League, winners of PKL Season 2, and upGrad Mumba Masters in the Global Chess League.