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.