The five franchises for the new women's version of the Indian Premier League, which will be known as the Women's Premier League (WPL), have been bought for a combined £465m.
The WPL is scheduled to take place in March and will involve five teams based in Ahmedabad, Mumbai, Bengaluru, Delhi and Lucknow. Three sides have been bought by groups that already own IPL teams Royal Challengers Bangalore, Mumbai Indians and Delhi Capitals.
The two other sides were purchased by Capri Global and Adani Group, who made the top bid of £128m for the Ahmedabad franchise. BCCI secretary Jay Shah hailed the news as "transformative" for women's cricket, with the tournament's broadcast rights sold to Viacom 18 for around £96m earlier this month.