Delhi Waveriders was a professional field hockey team based in Delhi that played in the Hockey India League.

[1][2] The team is owned by The Wave Group, after the company bought the franchise on 17 September 2012.

[3] The group is involved in many businesses including sugar manufacturing, distilleries, paper manufacturing, real estate and retail management.

[3] Wave Group is envisioned by founder-leader Kulwant Singh Chadha.

[4] Starting with a sugar crusher in the state of Uttar Pradesh, the group has progressively cast its footprint in diverse business industries.