The much awaited IPL 2020 to begin from 19 September in UAE. 8 Teams will participate in this tournament. Due to India- China situation on the border, Mobile brand Vivo decided to step back from title sponsorship.
BCCI demand bids from companies for title sponsorship. VIvo was paying 400 Cr every year for IPL 2020 Title sponsorship.
IPL 2020 Title sponsorship
Dream 11 – a fantasy game will be the title sponsor of this year’s league. The other bidders were Unacademy (Rs 210 cr) and Tata sons (Rs 180 cr). Dream 11 bids 222 Crore for this title.
BCCI is expected to make a formal announcement anytime today or tomorrow.