Mumbai: Temasek is exploring investment opportunities ​in India's booming ​IPL cricket league, a senior executive told ​Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.The Indian Premier League, once ‌the preserve ⁠of ⁠Bollywood stars and Indian tycoons, is increasingly attracting sovereign wealth funds, private equity firms and billionaire investors as booming media rights and rising team revenues drive franchise values higher."IPL is a marquee property and we remain interested in it," Vishesh Shrivastav, managing director at Temasek India, ⁠said in ‌an interview, declining to name any franchise it was evaluating."For the right opportunity, we would ⁠jump on it," he added, confirming the ​firm's interest in IPL for the first ​time.Two major IPL franchise deals this year highlighted the competition's growing appeal. United Spirits, the Indian arm of Diageo, agreed in March to sell Royal Challengers Bengaluru at a $1.8 billion valuation to a consortium including ‌billionaire David Blitzer's Bolt Ventures and Blackstone.The IPL's valuation has climbed over the years to ​cross $18.5 billion ​last year, U.S.-based ⁠investment bank Houlihan Lokey says.Temasek has steadily expanded its India footprint, with portfolio exposure more than quadrupling over the ​past decade to $42 billion. Shrivastav said Temasek would continue to focus on financial services, consumer and healthcare in India.Some of Temasek's India investments include snacks maker Haldiram's and Manipal Hospitals.