The Brazilian star flew in from Barcelona on a private jet for his official presentation, arriving in a city whose soccer fortunes he is expected to transform.
The payment of the clause shatters the previous world record transfer of 105 million euros (then $116 million) that Manchester United paid for France midfielder Paul Pogba last year.
Mendy's arrival on a five-year contract follows the departure earlier this summer of long-time City left-backs Gael Clichy to Turkish club Istanbul Basaksehir and Aleksandar Kolarov to Roma.
Dabang Delhi will begin their campaign on July 29 against Jaipur Pink Panthers.
The players are products of the Raman Vijayan Football Academy. Chennai City FC had finished eighth in the 2016-'17 edition of ISL.
FC Pune City have retained young goalkeeper Vishal Kaith and inducted 20-year-old forward Ashique Kuruniyan from last season.
Former Real Madrid player Miguel Angel Portugal will be the new head coach for Delhi Dynamos as the Spaniard is highly impressed with the way the team plays.
DIG Roopa pointed to speculation about jail officials, including her senior and DGP (prisons) HN Sathyanarayana Rao, having received a bribe of Rs 2 crore to provide special treatment to AIADMK general secretary Sasikala
The CBDT has shifted out non-performers from significant charges, besides those officers holding a post for two years or more, and also those who are facing vigilance or other disciplinary charges
BPL winners Chelsea have finally roped in Bakayoko from Monaco who was highly speculated on snubbing the blues to join Manchester United.
Manchester City have set a transfer record of signing England and Spurs right back after Dani Alves snubbed City to join PSG
Bonucci is part of Juventus' famed BBC defensive trio alongside Andrea Barzagli and Giorgio Chiellini who have powered the Turin outfit to six Serie A titles and two finals in three Champions League campaigns.
Yogi Adityanath government today transferred 84 IAS and 54 IPS officers including many district magistrates and police chiefs.