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- IPL Bidding was conducted for the 2 new teams joining into IPL from 2022 IPL.
- The 2 New Teams are Lucknow and Ahmedabad.
- RVSG Ventures successfully won the bid for Lucknow Team by quoting Rs.7,090 Crore.
- CVC Capital successfully won the bid for Ahmedabad Team by quoting Rs.5,625 Crore.
