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Khaby Lame Sells Company for INR8,980 Crore Amid Controversy

2/1/2026

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Lame Sells Company
  • Khaby Lame, the TikTok star, sold his brand management company Step Distinctive Limited to Rich Sparkle Holdings for about INR8,980 crore ($975 million).
  • The deal includes creating an AI-generated clone of Lame to enable multilingual content production.
  • Analysts question the deal's valuation and transparency after Rich Sparkle's stock showed sharp fluctuations.
  • Lame's past immigration issues in the United States resurfaced but apparently did not affect his brand.
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