| Team | City | Inception | Owner(s) | Captain | Head coach |
| MI Mumbai Indians | Mumbai | 2008 | Mukesh Ambani (Owner of Reliance Industries) | Sachin Tendulkar | Robin Singh |
| RCB Royal Challengers Bangalore | Bangalore | 2008 | Vijay Mallya (UB Group) | Daniel Vettori | Ray Jennings |
| DC Deccan Chargers | Hyderabad | 2008 | Deccan Chronicle group | Kumar Sangakkara | Darren Lehmann |
| CSK Chennai Super Kings | Chennai | 2008 | India Cements (N.Srinivasan) | Mahendra Singh Dhoni | Stephen Fleming |
| DD Delhi Daredevils | New Delhi | 2008 | GMR Group | Virender Sehwag | Greg Shipperd |
| KXIP Kings XI Punjab | Mohali | 2008 | Ness Wadia, Preity Zinta, Dabur, Apeejay Surendera Group | Adam Gilchrist | Michael Bevan |
| KKR Kolkata Knight Riders | Kolkata | 2008 | Red Chillies Entertainment | Gautam Gambhir | Dav Whatmore |
| RR Rajasthan Royals | Jaipur | 2008 | Emerging Media (Lachlan Murdoch), Shilpa Shetty, Raj Kundra | Shane Warne | Shane Warne |
| PWI Pune Warriors India | Pune | 2011 | Sahara | Yuvraj Singh | Geoff Marsh |
| KTK Kochi Tuskers Kerala | Kochi | 2011 | Kochi Cricket Private Limited | Mahela Jayawardene | Geoff Lawson |
IPL Franchises
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