The Delhi franchise was sold to the GMR Group for $84 million (Rs 580 crore). The team changed its from Delhi Daredevils to Delhi Capitals, in December 2018.

In March 2018, GMR Group sold a 50% stake in Delhi Daredevils to JSW Sports for $77 million (Rs 550 crore).

Kiran Kumar Gandhi is the Director and Corporate Chairman of the GMR Group. GMR Group is an infrastructural company. The company was founded in 1978 by Grandhi Mallikarjuna Rao. Its headquartered in Bengaluru.

The Jaipur franchise was sold to the Emerging Media’s Badale for $67 million (Rs 460 crore). Manoj Badale is the owner of Rajasthan Royals Team in IPL. Manoj is the co-founder and managing partner of Blenheim Chalcot and the chairman of the British Asian Trust.