The Kings XI Punjab (KXIP) are a franchise cricket team based in Mohali, Punjab, that plays in the Indian Premier League (IPL). Established in 2008, the franchise is jointly owned by Mohit Burman, Ness Wadia, Preity Zinta and Karan Paul. The team plays its home matches at the PCA Stadium, Mohali. Since the 2010 IPL, they also have been playing some of their home games at either Dharamsala or Indore.