The Delhi side will not get the services of New Zealand skipper Ross Taylor, who broke his arm while playing third Test against South Africa and India speedster Varun Aaron who is recovering from a back injury.
The likes of Mahela Jayawardene, Kevin Pietersen and David Warner are also missing from the Daredevils roster as they are busy playing for their respective countries.
But the Knight Riders think Virender Sehwag-led Daredevils have the team to spring a nasty surprise.
"We don't want to take them easy because they don't have few players. We might get a nasty surprise. They are still a very good side and more than capable," Bayliss said.
The Aussie said the first couple of weeks of the tournament would be crucial.
"It's important to get a good start so we go into the rest of the tournament with confidence. Any team can win on any day in this format," he said.
The Australian, who coached Sydney Sixers to a title triumph in the Australian T20 Big Bash League, said KKR camp has a similar 'family feel', something that promises to help the side in the long run.
"Both teams have a family feel. Everyone gets on very well. It becomes very much a team effort. In a good environment, players are able to produce their best," he said. MORE PTI TAP ATK