Rangers won their record-extending 28th Scottish League Cup beating Aberdeen 1–0 in the final.
In addition, for each group stage match that finished in a draw, a penalty shoot-out took place, with the winner being awarded a bonus point.
The draw for the group stage took place on 8 June 2023 and was broadcast live on Viaplay & the SPFL YouTube channel.
The draw took place on Sunday 20 August 2023 following the Kilmarnock v Celtic match live on Viaplay Sports 1.
The draw took place on Wednesday 27 September 2023 following the Rangers v Livingston match live on Viaplay Sports 1.