The franchise has named David Miller as their Icon Player and had also signed on the likes of Anrich Nortje (Platinum Player), Moeen Ali and Shimron Hetmyer ahead of the Official Draft
Matthew Wade scored an unbeaten 43 as Australia posted 90-5 against India in the shortened second T20 International in Nagpur on Friday.
Captain Aaron Finch made 31. Spinner Axar Patel took two wickets.
Earlier, India won the toss and chose to bowl after a wet outfield delayed the start and cut play to eight overs a side.
Rohit Sharma's men lost the first in the three-match series against the visitors by four wickets on Tuesday after Australian Matthew Wade's blistering 21-ball 45 helped the visitors chase down the formidable 209-run victory target.
The hosts made two changes in the shortened game, with the return of their pace spearhead Jasprit Bumrah and Rishabh Pant in place of pacers Bhuvneshwar Kumar and Umesh Yadav.
Australia also made two changes, with Daniel Sams replacing Nathan Ellis and Sean Abbott coming in for Josh Inglis.
India: Rohit Sharma (C), KL Rahul, Virat Kohli, Suryakumar Yadav, Rishabh Pant, Hardik Pandya, Dinesh Karthik (wk), Axar Patel, Harshal Patel, Jasprit Bumrah, Yuzvendra Chahal.
Australia: Aaron Finch (C), Cameron Green, Steven Smith, Glenn Maxwell, Tim David, Matthew Wade (wk), Pat Cummins, Daniel Sams, Sean Abbott, Adam Zampa, Josh Hazlewood.
Red Bull's Sergio Perez qualified second with the Mercedes of Lewis Hamilton third
The Indian bowlers then struck at regular intervals to bowl Sri Lanka out for 109 in 18.2 overs
The pacer missed Wednesday's opening win over the Proteas and is currently under medical supervision for a stress fracture of the back
The governing body FIA introduced the budget cap, set at $145 million, for the first time last year to make racing more competitive
Pacer's absence from the remaining two T20Is has now thrown more questions than answers at Rohit Sharma's team
It is a perfect opportunity for the players to test their skills ahead of the upcoming Jiu-Jitsu World Championship and Abu Dhabi World Professional Jiu-Jitsu Championship