Women’s IPL 2023: Technical Bids to be Submitted on January 23

The technical bids for Women’s IPL 2023 will be submitted to the BCCI on January 23 before the financial bids. Companies that will submit their technical bids will indicate they are serious about investing in WIPL 2023. In total, 30 companies have purchased the ITT for Women’s IPL and companies that will submit technical bids will participate in the financial bidding process on January 25. 

Unlike normal bid submissions, the BCCI has decided to conduct the technical and financial bidding separately. This will allow the board to conduct an enhanced verification before the financial bidding commences. The financial bidding process will be a closed process. 

The BCCI had earlier imposed a minimum net worth cap of INR 1000 crores for companies willing to participate in the bidding process of WIPL 2023. The minimum net worth capping is a giveaway that multi-billionaire companies like the Adanis and Ambanis will participate in the financial bidding process. 

The BCCI has offered team bases in cities like Ahmedabad, Kolkata, Nagpur, Mumbai, Chennai, Guwahati and Bengaluru. Several existing IPL franchises are also in the race to buy a Women’s IPL team in addition to some new companies.