In February 2022, then BCCI President Sourav Ganguly announced plans to establish a women's version of the Indian Premier League (IPL), the major men's Twenty20 franchise cricket competition in India, replacing the Women's T20 Challenge.

[5] By August plans were more advanced[6][7] and in October the BCCI announced that they were considering a five-team tournament which would take place in March 2023.

[17][18] The Board plans to increase the number of matches and franchises in future seasons if the league is a success.

A summary of the most notable statistical records associated with the tournament is provided below: The BCCI intends to distribute 80% of the profits from the competition among the franchise owners during the first five years.

Smriti Mandhana was the most expensive player purchased in the initial auction; she signed for Royal Challengers Bengaluru for ₹3.4 crore (US$390,000) and was appointed as the team's captain.

[40] In January 2023, Viacom18 announced it had acquired the global media rights for TV and digital broadcasts of the tournament.

[41] The initial season of the league is broadcasting in India on the Sports18 TV channel and the JioCinema app, both of which are owned by Viacom18.