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As of my last update in January 2022, there are multiple teams participating in the Indian Premier League (IPL), a professional Twenty20 cricket league in India. These teams vary from year to year due to auctions and franchise changes. However, some of the commonly known teams as of my last update include:

1. Chennai Super Kings (CSK)

2. Mumbai Indians (MI)

3. Kolkata Knight Riders (KKR)

4. Royal Challengers Bangalore (RCB)

5. Delhi Capitals (formerly Delhi Daredevils)

6. Sunrisers Hyderabad (SRH)

7. Rajasthan Royals (RR)

8. Kings XI Punjab (KXIP) - Renamed as Punjab Kings in 2021

Please note that team names, compositions, and franchises may change over time due to various reasons such as ownership changes, rebranding, or other operational factors. For the most current information, I recommend checking the official IPL website or reliable sports news sources.