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IPL set for two new teams from 2028, Pune and Vadodara frontrunner franchises

The BCCI is exploring the addition of at least two new IPL franchises from the 2028 season, with Pune and Vadodara emerging as likely destinations.

By CricTracker Staff · Cric Tracker

Published: Tuesday, 10 November 2026 at 8:04 AM

Key Things to Know

The BCCI is exploring adding two new IPL franchises from the 2028 season, with Pune and Vadodara as frontrunners.
Each new franchise is projected to command a valuation exceeding $1 billion.
The expansion is intended to coincide with the IPL's 2028 to 2032 media rights cycle.

The Story in 60 Seconds

The BCCI is exploring adding at least two new franchises to the Indian Premier League starting in 2028, with Pune and Vadodara emerging as the frontrunners. The proposed expansion is planned to align with the 2028 to 2032 media rights cycle. Each new franchise is expected to command a valuation surpassing $1 billion.

Potential investors under evaluation include prominent Indian business conglomerates, US-based family offices, West Asian sovereign wealth funds, and private equity firm Permira. While Pune previously hosted Pune Warriors India and Rising Pune Supergiant, Vadodara offers proximity to Ahmedabad amid Gujarat's broader push to enhance its sporting infrastructure.

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IPL set for two new teams from 2028, Pune and Vadodara frontrunner franchises

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