India, Feb. 14 -- Lalit Modi waited till Valentine's Day to announce that he is in love again, thus confirming his breakup with actress Sushmita Sen.

The IPL founder and former chairman took to Instagram to share a video montage featuring his new ladylove. Modi's post did not reveal the name of his partner. But he shared several photos with the woman and also revealed that they are old friends.

According to the post, the couple's friendship of 25 years has turned into a relationship.

"Lucky Once - Yes. But I got lucky TWICE. When a 25 year friendship turns to LOVE. It happened twice. Hope it does for you all too. #happyvalentinesday to you all," he wrote in the caption of the video.

The video clip showed a glimpse of the couple's mome...