The Governing Council of the Indian Premier League issued an invitation to tender for two new sides in August 2021.
The Board of Control for Cricket in India allowed a consortium of three companies or individuals to bid for each franchise.
In October 2021, CVC Capital Partners won the rights to operate the Ahmedabad franchise with a bid of ₹5,625 crore (US$650 million).
Hardik Pandya was adjudged the Man of the Match for his bowling figures of 3/17 and his 34 from 30 balls with a strike rate of 113.33.
Critics have praised Pandya's captaincy, bowling, and batting, with many agreeing that he and the management used their players well and worked as a team to win the tournament.