<Tr> <Td_colspan="2"> Rising Pune Supergiant in 2017 </Td> </Tr> <P> The Rising Pune Supergiant (often abbreviated as RPS) was a franchise cricket team based in Pune, Maharashtra, that played in the Indian Premier League in 2016 and 2017 . The team along with Gujarat Lions featured as two - season replacements for Chennai Super Kings and Rajasthan Royals, who were suspended due to their involvement in illegal betting by their respective owners . </P> <P> The Rising Pune Supergiant franchise is owned by RP - Sanjiv Goenka Group controlled by Sanjiv Goenka . The team name was announced (as Rising Pune Supergiants) on 18 January 2016 by Goenka in Kolkata and Raghu Iyer was appointed CEO . The owners changed the team name to Rising Pune Supergiant on 26 March 2017 . The team lost the 2017 IPL Final to Mumbai Indians by 1 run, which was the team's last game in the IPL . </P> <P> The Rising Pune Supergiant's home ground was the Maharashtra Cricket Association Stadium in Pune . However, controversies arose over holding 2016 IPL games in Maharashtra due to water usage of the cricket stadiums during severe drought and the Bombay High Court ordered all matches in May to be shifted out of the state . On 15 April 2016, it was reported that the Rising Pune Supergiants were considering the ACA - VDCA Cricket Stadium in Vishakhapatnam as an alternate home ground . </P>

Who is the owner of rising pune supergaints