[2][3] On 19 June 2014, an IPTL press release[4] revealed to the general public that the owner of the Indian franchise was Micromax Informatics Ltd. which preferred to have the team play its home matches in New Delhi and not in Mumbai.

A group called PVP Ventures led by entrepreneur Prasad V Potluri and cricket legend Sachin Tendulkar had been the original franchise owners with a plan to play home matches in Mumbai.

PVP did not want the team to be solely responsible for payment of player salaries and favored the league being obligated as well.

[6] The Mumbai franchise (as the Aces were still known at the time) participated in the IPTL inaugural draft on 2 March 2014, in Dubai, United Arab Emirates.

[11] They went on to be the champion of the 2014 International Premier Tennis League On 16 October 2014, IPTL announced it had reached an agreement for the Indian television broadcasting rights with STAR Sports.